Welcome home to fifty forty flats, a unique gated apartment community offering elegant modern finishes, open concept floorplans and gourmet kitchens at an affordable price. Imagine living in this urban oasis surrounded by beautiful trees & park-like grounds, just minutes from Downtown and the Nashville International Airport. You’ll tap into the rich and diverse restaurant and entertainment scene of Nolensville Pike, one of Nashville’s hottest growing neighborhoods, with amenities such as Plaza Mariachi and the Nashville Zoo.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5040 Flats by bedroom type below.
1 Bedroom
Suggested income:
$49,000
per year
Rent report
5040 Flats Rent vs. Nashville Average
5040 Flats
Nashville Average
1BR
$1,361
$1,747
$0
$600
$1,200
$1,800
$2,400
5040 Flats is asking 22%
less than the average 1 bedroom apartment in
Nashville.
If you upsized to an average priced Nashville 2 bedroom apartment, you would pay
15% more per month.
If you downsized to an average priced Nashville studio apartment,
you would pay 7% less per month.
5040 Flats provides 7%
more square footage than the average
Nashville 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
5040 Flats
1BR
$1,361
$1.80
$4,082
Nashville Average
Studio
$1,639
$3.00
$4,918
1BR
$1,747
$2.40
$5,241
2BR
$2,046
$1.90
$6,139
3BR
$2,517
$1.70
$7,550
4BR
$3,692
$1.60
$11,075
Availability in Nashville
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 1,808 1BR
units on the market in Nashville. If you're looking to negotiate, this may be your best option.