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 May 3, 2025, the average rent in Nashville is $1,700, which is 1.5% 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

$1,491/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

26/100

Units Available

1,628 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

$1,749/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

20/100

Units Available

332 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

$1,813/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

39/100

Units Available

324 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

$1,846/Month

Year-Over-Year Rent Change

6.8%

TransitScore® Rating

39/100

Units Available

237 Rentals

Sylvan Heights is an affordable neighborhood in Nashville with an average rent price of $1,846. Compare this to the city average of $1,700. In the past year, rent prices have decreased by 6.8%. Sylvan Heights provides easy access to Nashville International, Meharry Medical College, and Vanderbilt University. It’s a walkable neighborhood with a WalkScore® of 72.

MetroCenter

Average Rent

$1,887/Month

Year-Over-Year Rent Change

5.4%

TransitScore® Rating

36/100

Units Available

253 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 $1,887, while the city’s average stands at $1,700. In the last year, prices have decreased by 5.4%. MetroCenter is near Bicentennial Capitol Mall State Park, Tennessee State University, and New Urban Shopping Center.

West Nashville

Average Rent

$1,928/Month

Year-Over-Year Rent Change

3.2%

TransitScore® Rating

32/100

Units Available

581 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

$1,975/Month

Year-Over-Year Rent Change

3%

TransitScore® Rating

43/100

Units Available

603 Rentals

South Nashville is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Nashville is $1,975 while the city average is $1,700. This is a -3% difference from last year. Residents enjoy convenient access to Fisk University, Bicentennial Capitol Mall State Park, and Wedgewood Center. The neighborhood is considered walkable with a WalkScore® of 74.

Germantown

Average Rent

$2,038/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

49/100

Units Available

1,250 Rentals

When you’re looking for a great Nashville neighborhood on a budget, check out Germantown. The average rent is $2,038, compared to the city average of $1,700. Rent prices have decreased by 2%. Germantown is convenient to Price Plaza, Fisk University, and Meharry Medical College. The community is walkable with a WalkScore® of 71.

Melrose-Waverly

Average Rent

$2,046/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

10/100

Units Available

222 Rentals

Melrose-Waverly is an affordable neighborhood in Nashville with an average rent price of $2,046. Compare this to the city average of $1,700. In the past year, rent prices have increased by 0.9%. Melrose-Waverly provides easy access to Rose Park, Nashville International, and The Parthenon. It’s a somewhat walkable neighborhood with a WalkScore® of 60.

West End Nashville

Average Rent

$2,049/Month

Year-Over-Year Rent Change

3%

TransitScore® Rating

26/100

Units Available

823 Rentals

If you’re looking for a great, affordable neighborhood in Nashville, West End Nashville might be the perfect place! It has an average rent price of $2,049, while the city’s average stands at $1,700. In the last year, prices have decreased by 3%. West End Nashville is near Lipscomb University, Nashville International, and Adventure Science Center.

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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.