Apartments for Rent in Nashville, TN under $800 – 6 Rentals available
Sandalwood Management, Inc.Last updated 9 May 2021
- 1 Bed
- 1 Bath
Nashville’s average rent reached $1,407 in March
Nashville’s average rent reached $1,407 in March, after a 1.5% decrease since last year. With a renter share of 44%, Nashville is a desirable place to live and work in, with apartment prices similar to the national average of $1,407. [View Full Report]
Nashville’s average rent was $1,407 in March
Nashville’s average rent reached $1,407 in March, after a 1.5% decrease since last year. With a renter share of 44%, Nashville is a desirable place to live and work in, with apartment prices similar to the national average of $1,407.
The average rent for an apartment in Nashville decreased compared to Franklin ($1,544), where prices went up by 2.1% since last year. At the same time, in Murfreesboro ($1,195), rent went up by 3.1%.
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 $1,084, has the third largest share of renters (40%) and has experienced a rent increase of 0.1% since March 2020. In Smyrna, where 40% of the population are renters, the average rent is $1,192, going up by 6.4% in the past year. Apartments in Goodlettsville, where 37% of residents are renters, cost $1,179 per month, an increase of 3.3% 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 $1,544 per month. The average rent for apartments in Mount Juliet is $1,444, the second most expensive, while Nashville ($1,407) comes in third.
For renters in search of budget-friendly apartments, Lebanon's $1,084 average rent is the cheapest in the Nashville area, followed by Goodlettsville's $1,179 rate. Smyrna rentals are the third least pricey on the list, with a $1,192 average rent.
Nashville apartment rents in popular ZIP codes for renters
Among Nashville's most popular renter ZIP codes, 37211 has a $1,130 average rent, below the city average ($1,407). At the same time, rentals in ZIP 37203 go for $1,856, while prices in ZIP 37209 circle around $1,422. Apartment rents in ZIP 37217 clock in at around $1,084, lower than the Nashville average, while rates in ZIP 37221 average at $1,355.
Check out how average rents evolved across the Nashville area
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 218,860Male 236,653
- Median Age33
Average Rent in Nashville, TN
- Nashville, TN Average Rental Price, March 2021 $1,407 /mo
Nashville, TN Apartment Rent Ranges
- > $2,0009%
Nashville, TN Rent Trends
|Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021|
Nashville, TN Households
- Total Number of Households190,191
Family 100,509Non-family 89,682
Children 47,865No 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%