Most Affordable Neighborhoods in Nashville, TN
Some of the cheapest neighborhoods in Nashville are Glengarry, Anderson Estates, and Madison Park. These neighborhoods offer some of the lowest rent prices in Nashville, making them ideal for renters on a budget. As of September 25, 2025, the average rent in Nashville is $1,680, which is 1.2% 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.
Glengarry
Average Rent
$990/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
38/100
Units Available
26 Rentals
Glengarry is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glengarry is $990 while the city average is $1,680. This is a -1.9% difference from last year. Residents enjoy convenient access to Lipscomb University, Gower Center, and Tennessee Agricultural Museum. The neighborhood is considered somewhat walkable with a WalkScore® of 53.
Anderson Estates
Average Rent
$991/Month
TransitScore® Rating
22/100
Units Available
11 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Anderson Estates. The average rent is $991, compared to the city average of $1,680. Anderson Estates is convenient to The Hermitage, Meharry Medical College, and Trevecca Nazarene University. The community is car-dependent with a WalkScore® of 15.
Madison Park
Average Rent
$1,010/Month
Units Available
19 Rentals
Madison Park is an affordable neighborhood in Nashville with an average rent price of $1,010. Compare this to the city average of $1,680. Madison Park provides easy access to Bicentennial Capitol Mall State Park, Nashville International, and Old Towne Village.
Crestview Estates
Average Rent
$1,028/Month
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Nashville, Crestview Estates might be the perfect place! It has an average rent price of $1,028, while the city’s average stands at $1,680. Crestview Estates is near Old Towne Village, Old Hickory Shopping Center, and Meharry Medical College.
Town Park Estates
Average Rent
$1,049/Month
TransitScore® Rating
36/100
Units Available
12 Rentals
Town Park Estates is a top choice for budget-conscious renters for a variety of reasons. The average rent in Town Park Estates is $1,049 while the city average is $1,680. Residents enjoy convenient access to Hamilton Creek Trails, Shelby Bottoms Nature Center, and Trevecca Nazarene University. The neighborhood is considered car-dependent with a WalkScore® of 28.
Spence Lane
Average Rent
$1,067/Month
TransitScore® Rating
29/100
Units Available
14 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Spence Lane. The average rent is $1,067, compared to the city average of $1,680. Spence Lane is convenient to Fisk University, Vanderbilt University, and Bicentennial Capitol Mall State Park. The community is car-dependent with a WalkScore® of 21.
Piccadilly Square
Average Rent
$1,073/Month
Year-Over-Year Rent Change
4.9%
TransitScore® Rating
28/100
Units Available
33 Rentals
Piccadilly Square is an affordable neighborhood in Nashville with an average rent price of $1,073. Compare this to the city average of $1,680. In the past year, rent prices have decreased by 4.9%. Piccadilly Square provides easy access to Crossgate Village, Long Hunter State Park, and Nashville International. It’s a car-dependent neighborhood with a WalkScore® of 17.
Kingswood Park
Average Rent
$1,095/Month
TransitScore® Rating
34/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Nashville, Kingswood Park might be the perfect place! It has an average rent price of $1,095, while the city’s average stands at $1,680. Kingswood Park is near Tennessee Agricultural Museum, Lipscomb University, and Nashville International.
Cloverdale
Average Rent
$1,106/Month
TransitScore® Rating
26/100
Units Available
24 Rentals
Cloverdale is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cloverdale is $1,106 while the city average is $1,680. Residents enjoy convenient access to Vanderbilt University, Nashville Zoo, and Trevecca Nazarene University. The neighborhood is considered car-dependent with a WalkScore® of 23.
Rosemonte
Average Rent
$1,132/Month
TransitScore® Rating
32/100
Units Available
18 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Rosemonte. The average rent is $1,132, compared to the city average of $1,680. Rosemonte is convenient to Lipscomb University, Deerwood Arboretum, and Trevecca Nazarene University. The community is car-dependent with a WalkScore® of 36.
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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.