Nashville, TN Rental Market Trends
Last updated: August 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Nashville is $1,864, a 0.16% increase compared to the previous year, when the average rent was $1,861.
Studio Apartments at $1,535 offer the most budget-friendly option with 491 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 711 square feet for $1,697, balancing privacy and affordability.
Two-bedroom units at $2,057 offer 1,075 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,425 sq ft) for $2,469, suitable for larger households.
Average rent in Nashville, TN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,864 | 875 sq. ft. |
| Studio | $1,535 | 491 sq. ft. |
| 1 Bed | $1,697 | 711 sq. ft. |
| 2 Beds | $2,057 | 1,075 sq. ft. |
| 3 Beds | $2,469 | 1,425 sq. ft. |
Nashville, TN rent trends
Rental prices in Nashville, TN have increased by 0.16% over the past year. The average rent moved from $1,861 to $1,864.
What's the typical rent budget in Nashville, TN?
The largest share of rentals in Nashville, TN (35%) 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?
Elysian Park $1,097/month
Patricia Heights $1,134/month
Caldwell Hall $1,144/month
All of these neighborhoods fall below the city wide average of $1,864/month.Most expensive neighborhoods in Nashville?
8th Avenue South $2,623/month
Downtown Nashville $2,626/month
Demonbreun Hill $2,859/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Nashville, TN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Demonbreun Hill | $2,859 |
| Downtown Nashville | $2,626 |
| 8th Avenue South | $2,623 |
| Edgehill | $2,548 |
| SoBro | $2,503 |
| The Gulch | $2,499 |
| Rolling Mill Hill | $2,370 |
| Robertson | $2,351 |
| North Capitol - Sulphur Dell - Market District | $2,322 |
| Midtown - Vanderbilt University | $2,267 |
| Germantown | $2,261 |
| Green Hills | $2,157 |
| West End - West End Circle | $2,151 |
| Music Row | $2,052 |
| Berry Hill | $2,042 |
| West End Park | $2,024 |
| Preston Taylor | $1,985 |
| Metro Center | $1,948 |
| East Hill | $1,910 |
| Woodland - in - Waverly | $1,902 |
| Sylvan Park | $1,895 |
| Hope Gardens | $1,868 |
| Wedgewood - Houston | $1,839 |
| Hillsboro Village - Hillsboro West End | $1,828 |
| Elliston Place | $1,821 |
| Fisk | $1,821 |
| The Nations | $1,770 |
| Buena Vista | $1,699 |
| Bellevue | $1,686 |
| Watkins Park | $1,663 |
| Melrose | $1,660 |
| Maxwell Heights | $1,616 |
| Spence Lane | $1,588 |
| Hillwood | $1,581 |
| Inglewood | $1,540 |
| Talbot's Corner | $1,535 |
| Valley Brook | $1,516 |
| Hillwood Heights | $1,508 |
| Lennox Village | $1,496 |
| Glencliff | $1,494 |
| Crieve Hall | $1,489 |
| Charlotte Park | $1,486 |
| Donelson | $1,454 |
| Glengarry Park | $1,377 |
| Southern Hills | $1,375 |
| White Bridge | $1,375 |
| Cayce | $1,371 |
| Plus Park | $1,370 |
| Whispering Hills | $1,352 |
| Nashboro Village | $1,331 |
| Woodbine | $1,331 |
| Williams Bend | $1,327 |
| Haywood Acres | $1,287 |
| Four Maples | $1,253 |
| Copperfield Terrace | $1,237 |
| McMurray - Huntingdon | $1,230 |
| Capitol View | $1,224 |
| Oakhill | $1,153 |
| Caldwell Hall | $1,144 |
| Patricia Heights | $1,134 |
| Elysian Park | $1,097 |
Nashville | Rent Comparison by Neighborhood
Rent in 8th Avenue South is 56% higher than in Bellevue
8th Avenue South rent is 41% higher than Nashville average
Bellevue rent is 10% lower than Nashville average
How Nashville Compares to Other Cities
| City | Average Rent |
|---|---|
| Nashville | $1,864 |
| Memphis | $1,145 |
| Knoxville | $1,761 |
| Clarksville | $1,251 |
| Chattanooga | $1,476 |
| Murfreesboro | $1,603 |
| Lebanon | $1,624 |
| Antioch | $1,505 |
| Johnson City | $1,443 |
| Franklin | $2,149 |
| Hermitage | $1,454 |
| Hendersonville | $1,600 |
| Madison | $1,379 |
| Gallatin | $1,615 |
| Columbia | $1,481 |
| Mount Juliet, TN | $1,866 |
| Spring Hill, TN | $1,731 |
| Smyrna, TN | $1,624 |
| Brentwood, TN | $1,860 |
| Goodlettsville, TN | $1,473 |
| La Vergne, TN | $1,821 |
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.