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Cedar Place Cooperative offers strong value, with an 8.5/10 expert rating, excellent price and amenity scores, and a 9/10 location rating. It features air conditioning, an on-site dog park, ample parking, a spacious kitchen, washer/dryer connections, and thoughtfully designed apartment homes, plus 11 photos and value-for-money performance in the 95.45th percentile.
Things you’ll love
Less expensiveImages Available| Cozy One Bedroom Apartment Home | 1 bed | 1 bath | 506 sqft | $899 /mo | 1 unit available | ||
| Beautiful Two Bedroom Apartment Home | 2 bed | 1 bath | 690 sqft | $1,099 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Washer/Dryer Hookups |
Appliances
| Electric Stove | In-Unit Laundry |
| Range | Refrigerator |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 50 |
|---|
Discover a fresh take on comfortable living at Cedar Place, where modern conveniences meet a peaceful neighborhood setting just minutes from Nashville in easy reach of Interstate 65. Nestled among mature trees, this inviting community offers the perfect balance of tranquility and accessibility, and also the opportunity for residents to own a part of where they live. We are currently in the process of working with residents to convert this community into a Limited Equity Housing Cooperative. As a resident, you will become part of a neighborhood corporation where members collectively own and democratically control the entire housing complex—not just individual units. As a resident at Cedar Place, each member has the rights of a home-owner and votes to make decisions for the entire development. You'll be able to participate in governance of a permanently affordable housing development. Please note: Cedar Place is an income-qualified community. Households must meet income eligibility requirements within 60%–80% of the Area Median Income (AMI), based on household size. All new residents must also be willing to become cooperative members and participate in the required cooperative education. Choose from thoughtfully designed one- and two-bedroom apartment homes ranging from 506 to 690 square feet with washer/dryer connections. Beyond your front door, Cedar Place offers a community designed for ease and enjoyment, with an on-site dog park, responsive on-site maintenance, and ample parking. The pet-friendly atmosphere and serene surroundings make it easy to feel right at home. This project funded in part by the Barnes Affordable Housing Trust Fund of the Metropolitan Government of Nashville & Davidson County. This housing opportunity is open to all income-eligible individuals regardless of race, color, national origin, religion, sex, familial status, disability, sexual orientation, or gender identity. Accommodations available upon request.
How Cedar Place Cooperative compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 18% lower than 1-bedrooms in Madison.
If you decide to upgrade your space, you can expect 2-bedrooms at Cedar Place Cooperative to be 18% less than the average for similarly sized apartments in Madison.
| Month | Median Rent |
|---|---|
| September 2024 | $1,644 |
| October 2024 | $1,628 |
| November 2024 | $1,630 |
| December 2024 | $1,595 |
| January 2025 | $1,589 |
| February 2025 | $1,585 |
| March 2025 | $1,595 |
| April 2025 | $1,551 |
| May 2025 | $1,599 |
| June 2025 | $1,634 |
| July 2025 | $1,670 |
| August 2025 | $1,685 |
| September 2025 | $1,656 |
| October 2025 | $1,544 |
| November 2025 | $1,540 |
| December 2025 | $1,506 |
| January 2026 | $1,500 |
| February 2026 | $1,479 |
| March 2026 | $1,457 |
| April 2026 | $1,522 |
| May 2026 | $1,522 |
| June 2026 | $1,499 |
| July 2026 | $1,516 |
| August 2026 | $1,513 |
| September 2026 | $1,500 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,074 |
| October 2024 | $967 |
| November 2024 | $1,051 |
| December 2024 | $1,113 |
| January 2025 | $1,108 |
| February 2025 | $1,116 |
| March 2025 | $1,116 |
| April 2025 | $1,104 |
| May 2025 | $1,099 |
| June 2025 | $1,099 |
| July 2025 | $1,100 |
| August 2025 | $1,114 |
| September 2025 | $1,108 |
| October 2025 | $1,101 |
| November 2025 | $1,108 |
| December 2025 | $1,108 |
| January 2026 | $1,100 |
| February 2026 | $1,098 |
| March 2026 | $1,083 |
| April 2026 | $1,055 |
| May 2026 | $995 |
| June 2026 | $941 |
| July 2026 | $940 |
| August 2026 | $950 |
| September 2026 | $1,100 |
Can I afford to live at 98 Randy Rd?
Bedrooms
Rent-to-income ratio
30%
$35,960/yr
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