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Average Rent in Nashville, TN

Home  »  TN  »  Nashville-Davidson

Current Versus Historical Nashville, TN Rents

Nashville-Davidson rentals average $1,096 for a studio rental to $2,753,400 for a 4-bedroom rental. The median price of all currently available listings is $1,519, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $718 (-39.66%) year-over-year from $1,811 to $1,093. 1-bedroom rentals prices have decreased by $187 (-12.12%) year-over-year from $1,543 to $1,356. 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 $136 (6.26%) year-over-year from $2,164 to $2,300. 4-bedroom rentals prices have increased by $303 (9.96%) year-over-year from $3,047 to $3,350. 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 down by 24.19% this month. 1-bedroom rents have gone down by 7.21% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone up by 5.33% this month. 4-bedroom rents have gone up by 1.03% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.81 $1,093 $1,811 (-39.66%) $1,858 (-41.19%)
1 BR $1.98 $1,356 $1,543 (-12.12%) $1,760 (-22.95%)
2 BR $1.58 $2,784 $2,784 (0.00%) $1,702 (63.60%)
3 BR $1.60 $2,300 $2,164 (6.26%) $1,815 (26.71%)
4+ BR $335.40 $3,350 $3,047 (9.96%) $2,830 (18.37%)

Historical Rents in Nashville, TN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Nashville-Davidson



Let's compare Nashville, TN's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Nashville-Davidson



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Nashville-Davidson

The average rent for rentals in these counties is $1,517. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Davidson, TN. It's average rent per month is $1,517. Vice versa, with an average rent of $1,517, Davidson, TN is the most expensive county by Nashville, TN.

Typically, rent for studios in Nashville, TN is on par with the other counties nearby. In comparison, rent for one bedroom listings in Nashville, TN is on par with the other counties nearby. Finally, rent for two bedrooms in Nashville, TN is 0.06% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Davidson, TN $1,096 $1,313 $1,600 $1,517

Top Zipcodes Near Nashville-Davidson



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

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 $1,519. 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 $1,096 and an average price per square feet of $1.81. There are a total of 7 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 $1,313 and an average price per square feet of $1.98. There are a total of 67 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 $1,601 and an average price per square feet of $1.58. There are a total of 91 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 -0.40%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Nashville, TN?
A reasonable rent price in Nashville, TN is around $1,215/month. You can search for these reasonably priced rental listings on RentHop.
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