Nashville, TN Rental Market Trends
Last updated: April 08, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Nashville is $1,803, a 0.97% decrease compared to the previous year, when the average rent was $1,820.
Studio Apartments at $1,513 offer the most budget-friendly option with 490 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 711 square feet for $1,656, balancing privacy and affordability.
Two-beedroom units at $1,980 offer 1,075 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,419 sq ft) for $2,329, suitable for larger households.
Average rent in Nashville, TN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,803 | 872 sq. ft. |
| Studio | $1,513 | 490 sq. ft. |
| 1 Bed | $1,656 | 711 sq. ft. |
| 2 Beds | $1,980 | 1,075 sq. ft. |
| 3 Beds | $2,329 | 1,419 sq. ft. |
Nashville, TN rent trends
Rental prices in Nashville, TN have decreased by 0.97% over the past year. The average rent moved from $1,820 to $1,803.
What's the typical rent budget in Nashville, TN?
The largest share of rentals in Nashville, TN (38%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Nashville, TN?
106,593 or 48% of the households in Nashville, TN are renter-occupied while 114,590 or 52% are owner-occupied.
Most affordable neighborhoods in Nashville?
Caldwell Hall $1,102/month
Elysian Park $1,158/month
Oakhill $1,160/month
All of these neighborhoods fall below the city wide average of $1,803/month.Most expensive neighborhoods in Nashville?
Downtown Nashville $2,596/month
SoBro $2,601/month
8th Avenue South $2,672/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Nashville, TN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| 8th Avenue South | $2,672 |
| SoBro | $2,601 |
| Downtown Nashville | $2,596 |
| Edgehill | $2,449 |
| The Gulch | $2,359 |
| Robertson | $2,350 |
| Rolling Mill Hill | $2,338 |
| Midtown - Vanderbilt University | $2,232 |
| Germantown | $2,232 |
| North Capitol - Sulphur Dell - Market District | $2,190 |
| Green Hills | $2,133 |
| Demonbreun Hill | $2,109 |
| Salemtown | $2,109 |
| Ruthledge Hill - Lafayette | $2,038 |
| Haynes Heights | $2,033 |
| West End - West End Circle | $2,013 |
| Music Row | $2,010 |
| Berry Hill | $1,932 |
| Elliston Place | $1,925 |
| Sylvan Park | $1,918 |
| Preston Taylor | $1,907 |
| Hope Gardens | $1,904 |
| Metro Center | $1,902 |
| West End Park | $1,886 |
| Woodland - in - Waverly | $1,884 |
| Buena Vista | $1,790 |
| Hillsboro Village - Hillsboro West End | $1,764 |
| Wedgewood - Houston | $1,763 |
| Historic Buena Vista | $1,745 |
| Trevecca | $1,729 |
| Fisk | $1,713 |
| Melrose | $1,658 |
| Watkins Park | $1,658 |
| Hillwood | $1,641 |
| Bellevue | $1,629 |
| Crieve Hall | $1,607 |
| Maxwell Heights | $1,606 |
| The Nations | $1,605 |
| Spence Lane | $1,601 |
| Woodland Point | $1,576 |
| Talbot's Corner | $1,547 |
| Inglewood | $1,538 |
| Lennox Village | $1,536 |
| Valley Brook | $1,515 |
| Charlotte Park | $1,504 |
| Hillwood Heights | $1,502 |
| Glencliff | $1,482 |
| Villages of Brentwood | $1,467 |
| Southern Hills | $1,435 |
| Donelson | $1,430 |
| Glengarry Park | $1,414 |
| Woodbine | $1,380 |
| Glencliff Estates | $1,379 |
| Nashboro Village | $1,378 |
| White Bridge | $1,360 |
| Cayce | $1,343 |
| Haywood Acres | $1,295 |
| Blanchard Heights | $1,291 |
| Whispering Hills | $1,290 |
| Plus Park | $1,281 |
| McMurray - Huntingdon | $1,255 |
| Copperfield Terrace | $1,234 |
| Four Maples | $1,229 |
| Patricia Heights | $1,220 |
| Williams Bend | $1,194 |
| Capitol View | $1,186 |
| Oakhill | $1,160 |
| Elysian Park | $1,158 |
| Caldwell Hall | $1,102 |
Nashville | Rent Comparison by Neighborhood
Rent in 8th Avenue South is 64% higher than in Bellevue
8th Avenue South rent is 48% higher than Nashville average
Bellevue rent is 10% lower than Nashville average
How Nashville Compares to Other Cities
| City | Average Rent |
|---|---|
| Nashville | $1,803 |
| Memphis | $1,135 |
| Knoxville | $1,745 |
| Clarksville | $1,268 |
| Murfreesboro | $1,568 |
| Chattanooga | $1,450 |
| Antioch | $1,474 |
| Gallatin | $1,573 |
| La Vergne | $1,755 |
| Madison | $1,400 |
| Hendersonville | $1,554 |
| Franklin | $2,062 |
| Hermitage | $1,431 |
| Spring Hill | $1,575 |
| Mount Juliet | $1,808 |
| Smyrna | $1,572 |
| Lebanon | $1,570 |
| Columbia, TN | $1,443 |
| Goodlettsville, TN | $1,473 |
| Old Hickory, TN | $1,810 |
| Brentwood, TN | $1,774 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Nashville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.