445 Park Commons
445 Benton Ave,
Nashville, TN 37204
$1,131 - $2,699
Studio - 3 Beds
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.
As of April 2026, the average apartment rent in Melrose-Waverly is $1,370 for a studio, $1,570 for one bedroom, $2,126 for two bedrooms, and $2,388 for three bedrooms. Apartment rent in Melrose-Waverly has decreased by -5.5% in the past year.
Studio
490 sq ft
Average Sq Ft
$1,370/month
Average Rent
1 BR
689 sq ft
Average Sq Ft
$1,570/month
Average Rent
2 BR
1,068 sq ft
Average Sq Ft
$2,126/month
Average Rent
3 BR
1,415 sq ft
Average Sq Ft
$2,388/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Melrose-Waverly - Nashville, TN is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Melrose-Waverly - Nashville, TN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Recreation options in Melrose-Waverly - Nashville, TN are limited, so staying active may require more planning.
Moderate Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Melrose-Waverly - Nashville, TN from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
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† 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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.