Average Rent in Nashville, TN

Current Versus Historical Nashville, TN Rents

Nashville-Davidson rentals average $1,099 for a studio rental to $3,700 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $20 per square feet.

For the apartment units and housing in March 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $116 (-5.26%) year-over-year from $2,201 to $2,085. 1-bedroom rentals prices have increased by $48 (3.21%) year-over-year from $1,490 to $1,538. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,784 to $2,784. 3-bedroom rentals prices have increased by $220 (10.71%) year-over-year from $2,055 to $2,275. 4-bedroom rentals prices have increased by $437 (17.04%) year-over-year from $2,563 to $3,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 17.29% this month. 1-bedroom rents have gone down by 0.76% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 7.65% this month. 4-bedroom rents have gone down by 2.70% this month.

Beds	Price / Sqft	Mar 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$28	$2,085	$2,201 (-5.26%)	$1,537 (35.70%)
1 BR	$24	$1,538	$1,490 (3.21%)	$1,419 (8.34%)
2 BR	$19	$2,784	$2,784 (0.00%)	$1,392 (100.05%)
3 BR	$19	$2,275	$2,055 (10.71%)	$1,855 (22.64%)
4+ BR	$19	$3,000	$2,563 (17.04%)	$2,948 (1.75%)

Historical Rents in Nashville, TN

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Nashville-Davidson

There are a total of 1 cities nearby Nashville-Davidson. The average rent in Nashville-Davidson is currently $1,250 per month. Only one city nearby has an average rent lower than that. Our records show that Clarksville, TN, with an average rent of $1,250, is the most affordable city nearby. In contrast, the most expensive city near Nashville, TN is Clarksville, TN. Monthly rents here are on average $1,250 per month.

Let's compare Nashville, TN's rent against other top cities nearby by bedroom size. Typically, rent for studios in Nashville, TN is 22.66% more expensive than other cities nearby. One bedrooms are about 41.45% more expensive. Two bedrooms in Nashville, TN are about 33.64% more expensive. Finally, rent for three bedrooms are about 32.90% more expensive. Want more information? Check out the top 1 cities near Nashville, TN in the following chart.

City	Studio	1 Bed	2 Bed	All
Clarksville, TN	$850	$825	$1,095	$1,250

Top Neighborhoods Near Nashville-Davidson

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Nashville-Davidson

Some of these counties include Montgomery, TN, Sumner, TN, and Davidson, TN. The average rent for rentals in these counties is $1,800. That's roughly around $16 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Montgomery, TN. It's average rent per month is $1,295. Vice versa, with an average rent of $2,010, Maury, TN is the most expensive county by Nashville, TN.

Typically, rent for studios in Nashville, TN is 22.66% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Nashville, TN is 9.37% more expensive than other counties nearby. Finally, rent for two bedrooms in Nashville, TN is 10.12% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Montgomery, TN	$850	$825	$1,095	$1,295
Sumner, TN	$978	$1,288	$1,483	$1,486
Davidson, TN	$1,099	$1,409	$1,650	$1,800
Rutherford, TN	N/A	$1,095	$1,700	$1,935
Maury, TN	N/A	$1,277	$1,300	$2,010

Top Zipcodes Near Nashville-Davidson

There are a total of 5 zipcodes in or near Nashville, TN. The average rent for all of these zipcodes is $1,295. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 37042, Clarksville, TN at $1,295 per month. In comparison, the zipcode with the most expensive average rent of $1,595 per month is 37211, Nashville, TN.

Studios in these zipcodes have an average rent of $738. That's at least $22 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Nashville, TN is $945 per month. Or in other words, $20 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,185 per month. Which comes out to $14 per sqft. The following chart includes the top 5 zipcodes in Nashville, TN. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
37042, Clarksville, TN	$140,375	$785	$995	$1,295
37040, Clarksville, TN	$738	$945	$1,185	$1,295
37043, Montgomery County, TN	N/A	$873	$1,140	$1,295
37211, Nashville, TN	$935	$1,461	$1,588	$1,595
37214, Nashville, TN	N/A	$1,385	$1,675	$1,528

Frequently Asked Questions - Nashville-Davidson Average Rents

What is the average rent price in Nashville, TN?

The average monthly rental price for Nashville, TN apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Nashville, TN rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Nashville, TN.

How much is a studio apartment in Nashville, TN?

The average monthly rental price for studio apartments is $1,099 and an average price per square feet of $28.05. There are a total of 6 studio apartment listings currently available for rent in Nashville-Davidson.

How much is a one bedroom apartment in Nashville, TN?

The average monthly rental price for one bedroom apartments is $1,409 and an average price per square feet of $24.47. There are a total of 115 one bedroom apartment listings currently available for rent in Nashville-Davidson.

How much is a two bedroom apartment in Nashville, TN?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $19.48. There are a total of 187 two bedroom apartment listings currently available for rent in Nashville-Davidson.

How have rent prices in Nashville, TN changed this year?

Rent prices for rentals in Nashville, TN can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in Nashville, TN?

A reasonable rent price in Nashville, TN is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.