Nashville Rent Report — November 2023
A permanent record of Nashville rents for November 2023 from the Abode Rent Index. These figures are final.
This month in Nashville
As of November 2023, the median asking rent in Nashville, TN is $2,100 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 $2,705 median, while McMurray is the most affordable at $1,169.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, November 2023
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| The Gulch | $2,705 | — | $2,705 | +0.9% | — | — |
| Franklinsuburb | $2,392 | $2,220 | $2,392 | +37.5% | — | — |
| The Nations | $2,036 | — | — | — | — | — |
| Germantown | $1,808 | $1,808 | $2,782 | +0.9% | — | — |
| West End Nashville | $1,806 | $1,806 | — | +20.4% | — | — |
| MetroCenter | $1,794 | $1,794 | — | +19.3% | — | — |
| Midtown Nashville | $1,699 | $1,699 | — | +3.0% | — | — |
| Nashville | $1,615 | $1,364 | $1,615 | +35.8% | — | — |
| Melrose-Waverly | $1,590 | — | — | +7.4% | — | — |
| Hillwood | $1,449 | — | $1,449 | — | — | — |
| Southeast Nashville | $1,429 | $1,135 | $1,429 | +2.4% | — | — |
| Hermitage | $1,244 | — | — | — | — | — |
| McMurray | $1,169 | — | — | — | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology