Finding Places to Rent in the Gulch
Revealed by the The Gulch Guru on 05/31/11
Renting in the Gulch is a great option for those that don’t have enough money for a down-payment or simply want to experience the Gulch neighborhood before investing. Since most living options in the Gulch are condominiums and not apartments, finding rental properties is a little more tricky, but not impossible.
How to Find Rentals in the Gulch
In most cases, you’ll have to contact a homeowner or Realtor to look at available Gulch rentals. If a homeowner wants to rent their unit, you’ll almost always find their listing on Craigslist and on our website. These Gulch rental options are the best starting point.
You can also try contacting a Realtor or homeowner that is trying to sell their unit. Sometimes it’s better for them to rent the unit versus waiting for a buyer. So how do you find all of the Gulch properties for sale? RealTracs! RealTracs is the ideal place to search for real estate because they are Middle Tennessee’s primary listing service. When you visit the RealTracs site, click “Search Property,” followed by Davidson County. Select “Condominium,” and then in the “development” box, type in the building you’d like to live in (Icon, Velocity, Terrazzo, or Mercury View Lofts). You aren’t guaranteed to find listings, even if they are for sale, but this is can be a helpful tool during your search nevertheless.
If you’re having a hard time finding properties on your own, you can always try reaching out to a local Realtor or broker to find options for you. It usually won’t cost you anything, so why not?
How Much is Rent in the Gulch?
Renting in the Gulch, along with almost any downtown location, is going to be significantly higher than outside of the city. The average rent for a one bedroom condo is between $1300-$2000 and the average two bedroom (or den) is $1600-$2500. Renting in the Icon is going to run a little higher than the other condos due to the Icon’s views, amenities, and location. If you aren’t worried about these bonuses, consider the Velocity, Terrazzo or Mercury View Lofts. All units are comparable in size, atmosphere and location.
Laurel House Apartments
The Laurel House apartments are actual apartments for rent in the Gulch, but they are only available to those that make less than $27,200 a year. These one-bedroom units cost between $500-$650 a month. While I haven’t actually been inside the Laurel House apartments, everything I have seen looks pretty impressive for such a minimal cost. You can learn more about the Laurel House here.
Benefits of Living in the Gulch
If you’re debating on the cost of renting in the Gulch and trying to justify it, consider these perks:
- Walk to a grocery store (the Turnip Truck)
- Walk to dozens of bars, restaurants, venues and stores
- Walk, bike or take a bus anywhere in the downtown vicinity. No more driving or cabbing to meet your friends, attend concerts, going to sporting events, or taking part in the monthly Art Crawl. You’ll save on gas and cut-down on stress.
- If you work downtown, even easier. No more rush hour traffic driving to the ‘burbs.
- Learn more about downtown Nashville and take part in the local community.
- Get rid of your car altogether. There’s a WeCar out front.
- Participate in Gulch neighborhood activities, like the Cinco de Mayo 5K.
- Get discounts at local hotspots in the Gulch.
The Gulch neighborhood is safe, fun and vibrant, and it’s only beginning to grow. Rent in the Gulch to see if it’s for you!