Most Affordable Neighborhoods in Nashville, TN
Some of the cheapest neighborhoods in Nashville are Elysian Park, Gra-Mar Acres, and Chelsea Village. These neighborhoods offer some of the lowest rent prices in Nashville, making them ideal for renters on a budget. As of August 10, 2025, the average rent in Nashville is $1,701, which is 0.3% higher 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.
Elysian Park
Average Rent
$973/Month
TransitScore® Rating
34/100
Units Available
10 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Elysian Park. The average rent is $973, compared to the city average of $1,701. Elysian Park is convenient to Kmart Plaza, Adventure Science Center, and Trevecca Nazarene University. The community is somewhat walkable with a WalkScore® of 63.
Gra-Mar Acres
Average Rent
$1,004/Month
Units Available
15 Rentals
Gra-Mar Acres is an affordable neighborhood in Nashville with an average rent price of $1,004. Compare this to the city average of $1,701. Gra-Mar Acres provides easy access to Nashville International, Trevecca Nazarene University, and Bicentennial Capitol Mall State Park.
Chelsea Village
Average Rent
$1,015/Month
TransitScore® Rating
34/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Nashville, Chelsea Village might be the perfect place! It has an average rent price of $1,015, while the city’s average stands at $1,701. Chelsea Village is near Long Hunter State Park, Trevecca Nazarene University, and Lipscomb University.
Piccadilly Square
Average Rent
$1,020/Month
Year-Over-Year Rent Change
5.1%
TransitScore® Rating
28/100
Units Available
32 Rentals
Piccadilly Square is a top choice for budget-conscious renters for a variety of reasons. The average rent in Piccadilly Square is $1,020 while the city average is $1,701. This is a -5.1% difference from last year. Residents enjoy convenient access to Long Hunter State Park, Hamilton Creek Trails, and Nashville Zoo. The neighborhood is considered car-dependent with a WalkScore® of 17.
Kingswood Park
Average Rent
$1,076/Month
TransitScore® Rating
34/100
Units Available
11 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Kingswood Park. The average rent is $1,076, compared to the city average of $1,701. Kingswood Park is convenient to Tennessee Agricultural Museum, Hill Center - Nolensville & Ocala, and Radnor Lake State Park. The community is somewhat walkable with a WalkScore® of 65.
Welch Bend
Average Rent
$1,085/Month
Units Available
25 Rentals
Welch Bend is an affordable neighborhood in Nashville with an average rent price of $1,085. Compare this to the city average of $1,701. Welch Bend provides easy access to Tennessee Central Railway Museum, Harding Place, and Belmont University.
Glengarry
Average Rent
$1,117/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
38/100
Units Available
36 Rentals
If you’re looking for a great, affordable neighborhood in Nashville, Glengarry might be the perfect place! It has an average rent price of $1,117, while the city’s average stands at $1,701. In the last year, prices have decreased by 0.8%. Glengarry is near Shelby Bottoms Nature Center, Adventure Science Center, and Gower Center.
Town Park Estates
Average Rent
$1,128/Month
TransitScore® Rating
36/100
Units Available
18 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 $1,128 while the city average is $1,701. Residents enjoy convenient access to Nashboro Village, Lipscomb University, and Pinnacle Point. The neighborhood is considered car-dependent with a WalkScore® of 28.
Patricia Heights
Average Rent
$1,138/Month
Units Available
38 Rentals
When you’re looking for a great Nashville neighborhood on a budget, check out Patricia Heights. The average rent is $1,138, compared to the city average of $1,701. Patricia Heights is convenient to Lipscomb University, Gower Center, and Tennessee Central Railway Museum.
Spence Lane
Average Rent
$1,157/Month
TransitScore® Rating
29/100
Units Available
18 Rentals
Spence Lane is an affordable neighborhood in Nashville with an average rent price of $1,157. Compare this to the city average of $1,701. Spence Lane provides easy access to Fisk University, Tennessee Central Railway Museum, and 571 - 575 Murfreesboro Rd. It’s a car-dependent neighborhood with a WalkScore® of 21.
Ready to make your move to Nashville? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.