Nashville Rent Report — September 2023
A permanent record of Nashville rents for September 2023 from the Abode Rent Index. These figures are final.
This month in Nashville
As of September 2023, the median asking rent in Nashville, TN is $2,000 per month.
In Nashville right now, the average listing leases in 20 days and 7,924 rentals are actively listed.
The Gulch is the most expensive area tracked at $2,760 median, while Southeast Nashville is the most affordable at $1,187.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, September 2023
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| The Gulch | $2,760 | — | — | +38.0% | — | — |
| Dickerson Road | $2,499 | — | — | +4.2% | — | — |
| North Gulch | $2,204 | — | — | — | — | — |
| Franklinsuburb | $1,922 | $1,922 | $1,849 | +10.9% | — | — |
| Midtown Nashville | $1,864 | $1,864 | — | -10.4% | — | — |
| Music Row | $1,844 | — | — | — | — | — |
| Germantown | $1,704 | $1,704 | — | -1.9% | — | — |
| Northeast Nashville | $1,689 | — | — | — | — | — |
| West End Nashville | $1,683 | $1,683 | — | -18.9% | — | — |
| MetroCenter | $1,655 | $1,655 | — | +3.6% | — | — |
| Hillwood | $1,529 | — | $1,529 | +18.6% | — | — |
| West Meade | $1,486 | — | — | -4.5% | — | — |
| Melrose-Waverly | $1,437 | — | — | — | — | — |
| The Nations | $1,399 | — | — | — | — | — |
| Nashville | $1,381 | $1,246 | $1,381 | -16.2% | — | — |
| McMurray | $1,199 | — | $1,199 | — | — | — |
| Southeast Nashville | $1,187 | $1,187 | $1,448 | -15.7% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology