Cheap Homes for Rent in Melrose Waverly Neighborhood of Nashville, TN from $1,100 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Melrose Waverly area of Nashville.

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Melrose Waverly, Nashville, TN Local Guide

Cheapest Available Melrose Waverly Apartments for Rent

 

The cheapest available apartment rental in the Melrose Waverly area of Nashville, TN is a Studio unit found at 445 Park Commons priced from $1,045. Octave Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,306. Here are the most affordable Melrose Waverly apartments for rent in Nashville, TN:

Apartment ListingModel NameBed/BathPriced From
445 Park CommonsS1-Studio-60%Studio,1BA$1,045
Octave ApartmentsS1Studio,1BA$1,306
8th & BerryS1Studio,1BA$1,366

Best Value Apartments for Rent in Melrose Waverly, TN

As of April 26, 2025 the best value apartment in the Melrose Waverly area is the $1.53 price per square foot 542 Southgate Ave Model at 542 Southgate Ave, Unit 203 in the in the South Nashville neighborhood starting from $2,750. The second greatest value Melrose Waverly apartment is the Steinway Model at Villa Adrian Apartments starting at $2,090 with a $1.31 price per square foot in the Green Hills neighborhood. Here is today’s list of the best values for Melrose Waverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
542 Southgate Ave, Unit 203542 Southgate Ave2BR,2.5BA$1.53
Villa Adrian ApartmentsSteinway2BR,2BA$1.31
Oxenfree WeHoAscent 3 x 3.5 A3BR,3.5BA$2.33
IMT 8 SouthA21BR,1BA$2.25
23Hundred at Berry HillA21BR,1BA$2.36
Braxton Music CityA31BR,1BA$2.34
Gale LoftsGale1BR,1BA$2.13
Village South ApartmentsAlara1BR,1BA$2.18
Parkview MidtownStudio S1Studio ,1BA$2.64
Octave ApartmentsS1-HCStudio ,1BA$2.46

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Frequently Asked Questions about Melrose Waverly

What type of rentals are currently available in Melrose Waverly?

There are currently 82 Apartments for Rent in Melrose Waverly, TN with pricing that ranges from $1,045 to $29,970. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose Waverly ranging from $1,195 to $7,250.

What is the current price range for Rental Homes in Melrose Waverly?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose Waverly ranges from $1,195 to $7,250 with an average monthly rent of $3,820.

How much are larger Three and Four Bedroom Rentals in Melrose Waverly?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose Waverly range from $3,150 to $4,730, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $6,500. Four Bedroom Single-Family rentals are also available starting from $4,300 and Four Bedroom Apartments start at $4,042.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.