Most Affordable Neighborhoods in Nashville, TN

Some of the cheapest neighborhoods in Nashville are Southeast Nashville, Bellevue, and East Nashville. These neighborhoods offer some of the lowest rent prices in Nashville, making them ideal for renters on a budget. As of April 22, 2025, the average rent in Nashville is $1,701, which is 1.3% 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

$1,496/Month

Year-Over-Year Rent Change

2.2%

TransitScore® Rating

26/100

Units Available

1,679 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.

Bellevue

Average Rent

$1,748/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

20/100

Units Available

352 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.

East Nashville

Average Rent

$1,796/Month

Year-Over-Year Rent Change

3%

TransitScore® Rating

39/100

Units Available

319 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

$1,835/Month

Year-Over-Year Rent Change

6.6%

TransitScore® Rating

39/100

Units Available

274 Rentals

Sylvan Heights is an affordable neighborhood in Nashville with an average rent price of $1,835. Compare this to the city average of $1,701. In the past year, rent prices have decreased by 6.6%. Sylvan Heights provides easy access to Adventure Science Center, Meharry Medical College, and Centennial Park. It’s a walkable neighborhood with a WalkScore® of 72.

West Nashville

Average Rent

$1,913/Month

Year-Over-Year Rent Change

3.6%

TransitScore® Rating

32/100

Units Available

621 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.

MetroCenter

Average Rent

$1,949/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

36/100

Units Available

239 Rentals

If you’re looking for a great, affordable neighborhood in Nashville, MetroCenter might be the perfect place! It has an average rent price of $1,949, while the city’s average stands at $1,701. In the last year, prices have decreased by 0.6%. MetroCenter is near Rose Park, Rivercrest, and Bordeaux Shopping Center.

Melrose-Waverly

Average Rent

$2,008/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

10/100

Units Available

235 Rentals

Melrose-Waverly is a top choice for budget-conscious renters for a variety of reasons. The average rent in Melrose-Waverly is $2,008 while the city average is $1,701. This is a 2% difference from last year. Residents enjoy convenient access to Melrose Center, 2181 Nolensville Road Center, and Vanderbilt University. The neighborhood is considered somewhat walkable with a WalkScore® of 60.

South Nashville

Average Rent

$2,023/Month

Year-Over-Year Rent Change

4.1%

TransitScore® Rating

43/100

Units Available

547 Rentals

When you’re looking for a great Nashville neighborhood on a budget, check out South Nashville. The average rent is $2,023, compared to the city average of $1,701. Rent prices have decreased by 4.1%. South Nashville is convenient to Centennial Park, Vanderbilt University, and Belmont University. The community is walkable with a WalkScore® of 74.

West End Nashville

Average Rent

$2,027/Month

Year-Over-Year Rent Change

1.6%

TransitScore® Rating

26/100

Units Available

886 Rentals

West End Nashville is an affordable neighborhood in Nashville with an average rent price of $2,027. Compare this to the city average of $1,701. In the past year, rent prices have decreased by 1.6%. West End Nashville provides easy access to Nashville International, Adventure Science Center, and Belle Meade Plantation. It’s a somewhat walkable neighborhood with a WalkScore® of 68.

Germantown

Average Rent

$2,057/Month

Year-Over-Year Rent Change

2.1%

TransitScore® Rating

49/100

Units Available

1,250 Rentals

If you’re looking for a great, affordable neighborhood in Nashville, Germantown might be the perfect place! It has an average rent price of $2,057, while the city’s average stands at $1,701. In the last year, prices have decreased by 2.1%. Germantown is near Rose Park, Meharry Medical College, and Price Plaza.

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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.