Olive
30 Peabody St,
Nashville, TN 37210
$1,989 - $13,500
Studio - 3 Beds
Nashville’s Riverfront neighborhood is an up-and-coming sector of Downtown with premier proximity to everything that makes Nashville the Music City. Residents of the Riverfront can enjoy Riverfront Park, offering five acres of waterfront city park that houses boat docks, a lively amphitheater, and the perfect place for some outdoor recreation while enjoying scenic views with the river on one side and historic storefronts in Downtown Nashville on the other.
Along with scenic views of Cumberland River, the Riverfront neighborhood is adjacent to First Tennessee Park, known for its minor league baseball games and exciting events. And on the other side of the stadium you’ll find Bicentennial Capitol Mall State Park, which tells the story of Tennessee’s history through monuments, placards, and fountains.
Though commuting is easy with proximity to Interstates 40 and 24, along with the Music City Star Riverfront Transit Station, there is plenty to see in the heart of Nashville itself. Riverfront sits along Honky Tonk Row with iconic locales like Coyote Ugly and Hard Rock Café. A little further south along the river you’ll discover local gems like Pinewood Social, serving up American cuisine, cocktails, riverfront views, and bowling lanes in a chic, industrial space!
As of February 2026, the average apartment rent in Riverfront is $1,549 for a studio, $2,135 for one bedroom, $3,381 for two bedrooms, and $4,829 for three bedrooms. Apartment rent in Riverfront has increased by 6.3% in the past year.
Studio
615 sq ft
Average Sq Ft
$1,549/month
Average Rent
1 BR
785 sq ft
Average Sq Ft
$2,135/month
Average Rent
2 BR
1,248 sq ft
Average Sq Ft
$3,381/month
Average Rent
3 BR
1,546 sq ft
Average Sq Ft
$4,829/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
3,464
Communities
953,707
Units
891
Cities
719
Communities
198,584
Units
343
Cities
636
Communities
126,358
Units
249
Cities
630
Communities
173,603
Units
245
Cities
554
Communities
123,343
Units
219
Cities
461
Communities
109,330
Units
232
Cities
† 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.