Most Affordable Neighborhoods in Nashville, TN
Some of the cheapest neighborhoods in Nashville are Southeast Nashville, East Nashville, and Sylvan Heights. These neighborhoods offer some of the lowest rent prices in Nashville, making them ideal for renters on a budget. As of March 3, 2025, the average rent in Nashville is $1,677, which is 0.7% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Southeast Nashville
Average Rent
$1,494/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
26/100
Units Available
1,735 Rentals
Southeast Nashville offers budget-friendly living with convenient access to local parks and amenities. Cane Ridge Park provides expansive green spaces for outdoor activities, while Opry Mills caters to shopping needs. Plus, the neighborhood's proximity to major highways ensures easy commuting.
East Nashville
Average Rent
$1,799/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
39/100
Units Available
333 Rentals
East Nashville stands out for its budget-friendly housing and lively cultural scene. With its golf course and nature center, Shelby Park offers abundant recreational opportunities. Plus, the neighborhood's charm is enhanced by Five Points, renowned for its varied array of shops and restaurants.
Sylvan Heights
Average Rent
$1,875/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
39/100
Units Available
314 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Sylvan Heights. The average rent is $1,875, compared to the city average of $1,677. Rent prices have decreased by 0.6%. Sylvan Heights is convenient to Tennessee State University, Bicentennial Capitol Mall State Park, and The Parthenon. The community is walkable with a WalkScore® of 72.
Bellevue
Average Rent
$1,892/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
20/100
Units Available
262 Rentals
Bellevue combines affordability with natural beauty and diverse amenities. Edwin Warner Park features extensive trails and picnic areas, perfect for weekend outings. While One Bellevue Place and surrounding shops offer ample choices for dining and retail therapy.
Melrose-Waverly
Average Rent
$1,904/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
10/100
Units Available
232 Rentals
Melrose-Waverly is an affordable neighborhood in Nashville with an average rent price of $1,904. Compare this to the city average of $1,677. In the past year, rent prices have increased by 4.4%. Melrose-Waverly provides easy access to Belmont University, Trevecca Nazarene University, and Nashville International. It’s a somewhat walkable neighborhood with a WalkScore® of 60.
West Nashville
Average Rent
$1,925/Month
TransitScore® Rating
0/100
Units Available
672 Rentals
West Nashville appeals to renters seeking affordable living close to key amenities. Charlotte Park provides sports fields and walking trails, perfect for outdoor enthusiasts. Furthermore, the area’s numerous shopping centers, including Nashville West, ensure convenience.
South Nashville
Average Rent
$1,971/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
43/100
Units Available
576 Rentals
If you’re looking for a great, affordable neighborhood in Nashville, South Nashville might be the perfect place! It has an average rent price of $1,971, while the city’s average stands at $1,677. In the last year, prices have decreased by 4.3%. South Nashville is near Trevecca Nazarene University, Belmont University, and Adventure Science Center.
West End Nashville
Average Rent
$2,023/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
26/100
Units Available
930 Rentals
West End Nashville is a top choice for budget-conscious renters for a variety of reasons. The average rent in West End Nashville is $2,023 while the city average is $1,677. This is a 1.2% difference from last year. Residents enjoy convenient access to Coleman Center, Adventure Science Center, and Vanderbilt University. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Germantown
Average Rent
$2,048/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
49/100
Units Available
1,136 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Germantown. The average rent is $2,048, compared to the city average of $1,677. Rent prices have decreased by 3.9%. Germantown is convenient to Otey Center, Tennessee State University, and Rose Park. The community is walkable with a WalkScore® of 71.
Downtown Nashville
Average Rent
$2,149/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
51/100
Units Available
4,397 Rentals
Downtown Nashville is perfect for budget-conscious renters looking to be in the heart of the action. Riverfront Park offers scenic views and frequent events, while the nearby Broadway strip boasts an array of live music venues and restaurants. The neighborhood's walkability and public transit options make it highly accessible.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.