445 Park Commons
445 Benton Ave,
Nashville, TN 37204
$1,205 - $2,799
Studio - 3 Beds
Melrose-Waverly
Nashville, TN
Melrose-Waverly - Nashville, TN
Area Guide
Commercial convenience near the heart of Nashville
Restaurants
•
Shopping
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Commuter
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Trendy
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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 October 2025, the average apartment rent in Melrose-Waverly is $1,395 for a studio, $1,592 for one bedroom, $2,144 for two bedrooms, and $2,909 for three bedrooms. Apartment rent in Melrose-Waverly has decreased by -0.8% in the past year.
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Studio
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504 sq ft
Average Sq Ft
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$1,395/month
Average Rent
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1 BR
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695 sq ft
Average Sq Ft
-
$1,592/month
Average Rent
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2 BR
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1,068 sq ft
Average Sq Ft
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$2,144/month
Average Rent
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3 BR
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1,415 sq ft
Average Sq Ft
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$2,909/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
Shopping Centers
Parks and Recreation
- Rose Park
- Adventure Science Center
- Tennessee Central Railway Museum
- Centennial Park
- The Parthenon
Commuter Rail
Military Bases
Airports
- Nashville International
Top Apartments in Melrose-Waverly
Houses for Rent in Melrose-Waverly
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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 September 2025.