Downtown Nashville, Nashville, TN Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Nashville is $2,617, a 0.93% increase compared to the previous year, when the average rent was $2,593.
Studio Apartments at $1,867 offer the most budget-friendly option with 574 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 728 square feet for $2,216, balancing privacy and affordability.
Two-beedroom units at $3,529 offer 1,166 square feet, perfect for roommates or small families.
Average rent in Downtown Nashville, Nashville, TN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,617 | 859 sq. ft. |
| Studio | $1,867 | 574 sq. ft. |
| 1 Bed | $2,216 | 728 sq. ft. |
| 2 Beds | $3,529 | 1,166 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Nashville, Nashville, TN rent trends
Rental prices in Downtown Nashville, Nashville, TN have increased by 0.93% over the past year. The average rent moved from $2,593 to $2,617.
What's the typical rent budget in Downtown Nashville, Nashville, TN?
The largest share of rentals in Downtown Nashville, Nashville, TN (31%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Nashville, Nashville, TN?
1,076 or 73% of the households in Downtown Nashville, Nashville, TN are renter-occupied while 392 or 27% are owner-occupied.
Most affordable neighborhoods in Downtown Nashville?
Caldwell Hall $1,086/month
Oakhill $1,153/month
Capitol View $1,188/month
All of these neighborhoods fall below the city wide average of $1,809/month.Most expensive neighborhoods in Downtown Nashville?
8th Avenue South $2,533/month
SoBro $2,610/month
Downtown Nashville $2,617/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Nashville, TN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Nashville | $2,617 |
| SoBro | $2,610 |
| 8th Avenue South | $2,533 |
| Edgehill | $2,457 |
| Robertson | $2,354 |
| Rolling Mill Hill | $2,346 |
| Midtown - Vanderbilt University | $2,234 |
| Germantown | $2,230 |
| North Capitol - Sulphur Dell - Market District | $2,188 |
| Green Hills | $2,146 |
| Demonbreun Hill | $2,117 |
| West End - West End Circle | $2,020 |
| Music Row | $2,010 |
| Elliston Place | $1,973 |
| East Hill | $1,951 |
| Sylvan Park | $1,944 |
| Berry Hill | $1,938 |
| Metro Center | $1,912 |
| West End Park | $1,898 |
| Woodland - in - Waverly | $1,883 |
| Hope Gardens | $1,853 |
| Buena Vista | $1,796 |
| Hillsboro Village - Hillsboro West End | $1,783 |
| Wedgewood - Houston | $1,768 |
| Fisk | $1,718 |
| Melrose | $1,655 |
| Bellevue | $1,649 |
| Hillwood | $1,644 |
| Watkins Park | $1,644 |
| The Nations | $1,629 |
| Spence Lane | $1,612 |
| Maxwell Heights | $1,609 |
| Crieve Hall | $1,601 |
| Talbot's Corner | $1,546 |
| Lennox Village | $1,537 |
| Inglewood | $1,537 |
| Valley Brook | $1,531 |
| Charlotte Park | $1,505 |
| Hillwood Heights | $1,501 |
| Glencliff | $1,486 |
| Glengarry Park | $1,430 |
| Donelson | $1,422 |
| Southern Hills | $1,410 |
| Nashboro Village | $1,361 |
| White Bridge | $1,353 |
| Cayce | $1,344 |
| Woodbine | $1,315 |
| Plus Park | $1,311 |
| Haywood Acres | $1,300 |
| Whispering Hills | $1,297 |
| Four Maples | $1,260 |
| McMurray - Huntingdon | $1,255 |
| Copperfield Terrace | $1,225 |
| Patricia Heights | $1,217 |
| Williams Bend | $1,212 |
| Capitol View | $1,188 |
| Oakhill | $1,153 |
| Caldwell Hall | $1,086 |
Nashville | Rent Comparison by Neighborhood
Rent in Downtown Nashville is 3% higher than in 8th Avenue South
Downtown Nashville rent is the same as Nashville average
8th Avenue South rent is 3% lower than Nashville average
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 Downtown 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.