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Apartments for Rent in Nashville, TN under $1300 – 800 Rentals available


Nashville’s average rent reached $1,394 in January

Nashville’s average rent reached $1,394 in January after a 2.2% decrease since last year. With a renter share of 44%, Nashville is a desirable place to live and work in, with apartment prices above the national average of $1,392. [View Full Report]

Nashville apartment rent report

Nashville’s average rent was $1,394 in January

Nashville’s average rent reached $1,394 in January after a 2.2% decrease since last year. With a renter share of 44%, Nashville is a desirable place to live and work in, with apartment prices above the national average of $1,392.

The average rent for an apartment in Nashville saw a smaller decrease compared to Franklin ($1,443), where prices went down by 4.7% since last year. On the other hand, in Murfreesboro ($1,176), rent went up by 1.8%.

Nashville apartment rent report

What it costs to rent in the largest renter hubs in the Nashville area

The city with the largest renter share is Murfreesboro (46%), followed by Nashville, where there is a 44% renter share. Lebanon, with an average rent of $1,116, has the third largest share of renters (40%) and has experienced a rent increase of 3% since January 2020. In Smyrna, where 40% of the population are renters, the average rent is $1,106, going up by 0.7% in the past year. Apartments in Goodlettsville, where 37% of residents are renters, cost $1,188 per month, an increase of 4.3% in one year.

The priciest and cheapest cities for renters in the Nashville area

Franklin is the priciest city for renters in the Nashville area, with apartments renting for $1,443 per month. The average rent for apartments in Mount Juliet is $1,439, the second most expensive, while Nashville ($1,394) comes in third.

For renters in search of budget-friendly apartments, Smyrna's $1,106 average rent is the cheapest in the Nashville area followed by Lebanon's $1,116 rate. Gallatin rentals are the third least pricey on the list, with a $1,166 average rent.

Nashville apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Nashville, TN Demographics

  • Total Population455,514
  • Female 218,860
    Male 236,653
  • Median Age33

Average Rent in Nashville, TN

  • Nashville, TN Average Rental Price, December 2020 $1,399 /mo

    Nashville, TN Apartment Rent Ranges

    • $501-$7001%
    • $701-$1,00019%
    • $1,001-$1,50049%
    • $1,501-$2,00020%
    • > $2,00010%

    Nashville, TN Rent Trends

    Average Rent Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Dec / 2020
    Nashville, TN $1,288 $1,280 $1,283 $1,320 $1,352 $1,343 $1,406 $1,432 $1,439 $1,415 $1,399
    National $1,373 $1,378 $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
    /

    Nashville, TN Households

    • Total Number of Households190,191
    • Family 100,509
      Non-family 89,682
    • Children 47,865
      No Children 142,327
    • Average People Per Household2.32
    • Median Household Income$60,380
    • Median Housing Costs Per Month$1,190

    Nashville, TN Education Statistics

    • No High School4%
    • Some High School33%
    • Some College24%
    • Associate Degree6%
    • Bachelor Degree32%

    The best apartments in Nashville, TN under $1,300

    We know that comfort and convenience are essential elements to your well-being, and that is why we selected the best apartments for rent in Nashville, TN. The monthly rent does vary on the property type, but you can find cheap luxury apartments listed for up to $3,209. Exclusively designed to satisfy your needs, these modern apartments include high-level amenities and a décor designed to provide the utmost in convenience. Offering quality living and comfort, our stylish apartments for less than $1,300 present a unique lifestyle for anyone who is looking to take it to the next level.

    How to find the best rental near you

    If searching for your perfect apartment gets a little bit too overwhelming, use the RENTCafé filters and you’ll find something for your taste. If you’d rather sacrifice space for a good location, search for a studio or a 1-bedroom apartment in one of the city’s top-rated neighborhoods. If you want to share or if you need more space, choose from our selection of spacious 2-bedroom or 3-bedroom apartments. Asking yourself “how do I find desirable apartments near me?” is quite a challenge, but RENTCafé can help by making your apartment search an enjoyable experience. Make the most of your money by selecting whatever you consider suitable, knowing that the apartments come with thoughtful amenity packages and are located in well-maintained, modern buildings.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!