Rental prices in The Gulch, Nashville, TN have decreased by 2.02% over the past year. The average rent moved from $2,432 to $2,383.
Check out the average rent in Nashville.
The national average price of rental apartments is $1,741, while the average monthly rent in The Gulch, Nashville, TN is $2,383.
The average monthly rent for an apartment in The Gulch, Nashville, TN is around $2,383.
A share of 2% of apartments in The Gulch, Nashville, TN have the cheapest rents between $1,001-$1,500. Around 11% of rentals are $2,501-$3,000. Around 38% of The Gulch's apartments have monthly rents between $1,501-$2,000. There are 31% of apartments with rents between $2,001-$2,500. A share of 19% of apartment rentals in Nashville are in the > $3,000 range.
The largest share of rentals in The Gulch, Nashville, TN (38%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in The Gulch, Nashville, TN is $2,216.
In The Gulch 81% of the housing is rented out compared to 19% of homes are owned, according to the most recent Census Bureau estimates. 72% of The Gulch's apartments are found in large buildings of 50 units or more, 25% are located in smaller apartment complexes with less than 50 units, and 2% are single-family rentals.
Located 1.5 miles south of downtown Nashville is The Gulch, a small and trendy neighborhood west of the Cumberland River that was once an industrial district. With its beautiful wall murals and low-key hangouts like Grace's Alley, The Gulch exudes a warehouse-chic atmosphere that offers renters much-needed respite from downtown Nashville. Though much less busy than the surrounding neighborhoods, The Gulch offers renters its own blend of entertainment, boutique shopping, offices and sophisticated rentals.
The Metro Public School district provides renters in The Gulch with Gardner School of Midtown (kindergarten), Eakin Elementary School, Head Middle Magnet School, Rose Park Middle School and Martin Luther King Jr. Magnet High School. The Gulch rentals are also two miles from Vanderbilt University Medical Center and TriStar Centennial Medical Center.
Renters in The Gulch are within walking distance of interactive exhibits at the Frist Art Museum; live music at Mercy Lounge and The Station Inn; boutique shopping; and the beautiful WhatLiftsYou Wings Mural (which has gone viral online). Additionally, The Gulch is quite dog-friendly and has plenty of places for renters to exercise and stay active. As a former industrial district, there are no houses or townhouses for rent in The Gulch. Instead, the large factories and warehouse buildings have been converted into high-rise, luxury apartments for rent with modern amenities, like fitness centers, rooftop lounges, pools and skyline views. These apartment rentals also have contemporary designs with high-end finishes and large windows. Most of the apartments for rent in The Gulch have studio, one- and two-bedroom layouts.
In total, The Gulch, Nashville, TN has 770 residents, 373 women and 398 men, per U.S. Census recent estimates. Statistics show that the median age of The Gulch’s population is 30.
In the middle of the neighborhood is Noble Park - which has a beautiful water wall centerpiece - and to the west is The Gulch Dog Park (next to The Turnip Truck grocery store). Publix and Whole Foods are also available just outside of the neighborhood immediately north. Otherwise, rentals in The Gulch are next to the U.S. Courts Library (which exclusively has legal resources), as well as a mile south of The Nashville Public Library. Otherwise, renters in The Gulch go boutique shopping at stores like Parish, Kittenish, e.Allen and Blush Boutique. Or, for more entertainment, renters walk one mile north on Eighth Avenue to a strip of department stores and nightlife known as Fifth + Broadway. Lastly, the Watkins Community Center - less than two miles north of The Gulch - has a pool and spray park and offers renters pickleball, basketball and afterschool programs.
There is a total of 503 households in The Gulch, Nashville, TN. Of these, 31 have children and 472 are without children. Per Census Bureau’s most current estimates, 106 family households and 397 non-family households live in this area. The size of a household in The Gulch is 1 people, on average. The median household annual income in The Gulch equals $69,671, and the monthly housing costs equal $1,915.
The Gulch rentals offer fast and convenient access to interstates 24, 40 and 65, along with Route 6 (which runs north-south through the neighborhood) and Highway 70. However, renting in The Gulch means that owning a car is optional. That's because bike rentals in The Gulch are available at B-cycle kiosks located throughout the neighborhood. Renters can also easily walk to downtown Nashville by taking "The Pedestrian Stairs," a well-illuminated path that connects Gulch Crossing Office to Demonbreun Street. Alternatively, public transportation is provided by WeGo Public Transit. Renters also have more than a dozen bus stops in The Gulch, and this makes all of the Nashville metropolitan area easy to explore. Finally, the nearest airport when renting in The Gulch is Nashville International Airport (seven miles west).
According to data from the U.S. Census Bureau, 1% of the population in The Gulch, Nashville, TN have no high school education, 14% went to high-school, and 16% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 41% hold a Bachelor Degree, and 24% hold a Graduate Degree.
