Melrose-Waverly

Nashville, TN

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Melrose-Waverly - Nashville, TN

Area Guide

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Commercial convenience near the heart of Nashville

Restaurants Shopping Commuter Trendy

Take Interstate 65 or 8th Avenue south from Downtown Nashville to reach the neighborhood of Melrose-Waverly. Residents love the community's proximity to downtown as well as easy access to the city's Interstates, including Interstate 440 and 24.

Since the early 2000s, restaurants and nightlife options have blossomed throughout the city. Now Melrose-Waverly locals enjoy unparalleled access to some of the coolest joints in town, such as Baja Burrito and locally-sourced Sinema Nashville. If you're craving Caribbean cuisine, don't forget to stop in for a Lucayan Salad from Calypso Cafe. To outfit your new apartment, head to One Hundred Oaks Mall, known around town as "Hundred Oaks," and stock up at stores from Anthropologie to Zara.

Rent Trends

As of March 2025, the average apartment rent in Melrose-Waverly is $1,414 for a studio, $1,663 for one bedroom, $2,251 for two bedrooms, and $3,053 for three bedrooms. Apartment rent in Melrose-Waverly has increased by 6.3% in the past year.

  • Studio

  • 504 sq ft

    Average Sq Ft

  • $1,414/month

    Average Rent

  • 1 BR

  • 695 sq ft

    Average Sq Ft

  • $1,663/month

    Average Rent

  • 2 BR

  • 1,068 sq ft

    Average Sq Ft

  • $2,251/month

    Average Rent

  • 3 BR

  • 1,415 sq ft

    Average Sq Ft

  • $3,053/month

    Average Rent

Transportation

60

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

10

Minimal Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

39

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Points of Interest

Parks and Recreation

  • Rose Park
  • Adventure Science Center
  • Tennessee Central Railway Museum
  • Centennial Park
  • The Parthenon

Airports

  • Nashville International

Top Apartments in Melrose-Waverly

Houses for Rent in Melrose-Waverly

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.