Most Affordable Neighborhoods in Nashville, TN
Some of the cheapest neighborhoods in Nashville are Southeast Nashville, West Meade, and East Nashville. These neighborhoods offer some of the lowest rent prices in Nashville, making them ideal for renters on a budget. As of November 25, 2024, the average rent in Nashville is $1,662, which is 0.6% 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
$1,512/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
26/100
Units Available
1,736 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.
West Meade
Average Rent
$1,775/Month
Year-Over-Year Rent Change
9.1%
TransitScore® Rating
22/100
Units Available
186 Rentals
West Meade offers cost-effective living in a tranquil setting with lush landscapes. The nearby Percy Warner Park, renowned for its scenic trails and equestrian facilities, lies nearby. The neighborhood’s convenient access to Hillwood Country Club adds to its appeal.
East Nashville
Average Rent
$1,787/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
39/100
Units Available
338 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.
Talbot's Corner
Average Rent
$1,793/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
33/100
Units Available
216 Rentals
Talbot's Corner offers budget-conscious housing and easy access to local attractions. East Park features extensive sports facilities like disc golf and picnic spots, ideal for leisure activities. The neighborhood's proximity to Briley Parkway facilitates smooth commutes around the city.
Melrose-Waverly
Average Rent
$1,795/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
10/100
Units Available
284 Rentals
If you’re looking for a great, affordable neighborhood in Nashville, Melrose-Waverly might be the perfect place! It has an average rent price of $1,795, while the city’s average stands at $1,662. In the last year, prices have decreased by 2.1%. Melrose-Waverly is near Melrose Center, Franklin Pike, and Tennessee Central Railway Museum.
Bellevue
Average Rent
$1,858/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
20/100
Units Available
292 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.
West Nashville
Average Rent
$1,935/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
32/100
Units Available
481 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
$1,967/Month
Year-Over-Year Rent Change
3.5%
TransitScore® Rating
43/100
Units Available
657 Rentals
South Nashville is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Nashville is $1,967 while the city average is $1,662. This is a -3.5% difference from last year. Residents enjoy convenient access to Adventure Science Center, Vanderbilt University, and Centennial Park. The neighborhood is considered walkable with a WalkScore® of 74.
West End Nashville
Average Rent
$2,026/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
26/100
Units Available
814 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out West End Nashville. The average rent is $2,026, compared to the city average of $1,662. Rent prices have increased by 0.6%. West End Nashville is convenient to Lipscomb University, Vanderbilt University, and Nashville State Comm. Coll.. The community is somewhat walkable with a WalkScore® of 68.
Cameron Trimble
Average Rent
$2,040/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
47/100
Units Available
234 Rentals
Cameron Trimble is an affordable neighborhood in Nashville with an average rent price of $2,040. Compare this to the city average of $1,662. In the past year, rent prices have increased by 1.4%. Cameron Trimble provides easy access to Rose Park, Adventure Science Center, and The Gulch. It’s a walkable neighborhood with a WalkScore® of 77.
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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.