In total, Spence Lane, Nashville, TN has 16,810 residents, 8,254 women and 8,556 men, per U.S. Census recent estimates. Statistics show that the median age of Spence Lane’s population is 31.6.
Average Rent in Spence Lane, Nashville, TN
Spence Lane, Nashville, TN Average Rental Price, July 2022
The average monthly rent for an apartment in Spence Lane, Nashville, TN is around $1,647.
Spence Lane, Nashville, TN Apartment Rent Ranges
A share of 4% of apartments in Spence Lane, Nashville, TN have the cheapest rents between $701-$1,000. Around 15% of rentals are in the most expensive price range of > $2,000. Around 29% of Spence Lane’s apartments have monthly rents between $1,001-$1,500. There are 52% of apartments with rents between $1,501-$2,000.
Spence Lane, Nashville, TN Rent Trends
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Spence Lane, Nashville, TN
The national average price of rental apartments is $1,706, while the average monthly rent in Spence Lane, Nashville, TN is $1,647.
There is a total of 7,337 households in Spence Lane, Nashville, TN. Of these, 1,682 have children and 5,655 are without children. Per Census Bureau’s most current estimates, 3,116 family households and 4,221 non-family households live in this area. The size of a household in Spence Lane is 2.13 people, on average. The median household annual income in Spence Lane equals $36,985, and the monthly housing costs equal $911.
Spence Lane, Nashville, TN Education Statistics
According to data from the U.S. Census Bureau, 5% of the population in Spence Lane, Nashville, TN have no high school education, 43% went to high-school, and 20% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 20% hold a Bachelor Degree, and 7% hold a Graduate Degree.
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