Nashville Rent Report — December 2023
A permanent record of Nashville rents for December 2023 from the Abode Rent Index. These figures are final.
This month in Nashville
As of December 2023, the median asking rent in Nashville, TN is $2,500 per month.
In Nashville right now, the average listing leases in 20 days and 7,924 rentals are actively listed.
Music Row is the most expensive area tracked at $2,060 median, while McMurray is the most affordable at $1,213.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, December 2023
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Music Row | $2,060 | — | $2,359 | — | — | — |
| The Gulch | $1,977 | — | — | -26.9% | — | — |
| Franklinsuburb | $1,900 | $1,703 | $1,900 | -20.6% | — | — |
| Germantown | $1,739 | $1,739 | — | -3.8% | — | — |
| West End Nashville | $1,728 | $1,728 | $2,132 | -4.3% | — | — |
| Nashville | $1,704 | $1,266 | $1,704 | +5.5% | — | — |
| Midtown Nashville | $1,699 | $1,699 | — | 0.0% | — | — |
| Haynes Area | $1,650 | $1,650 | — | — | — | — |
| West Meade | $1,599 | $1,599 | — | — | — | — |
| Whitebridge | $1,599 | — | $1,599 | — | — | — |
| The Nations | $1,589 | — | — | -22.0% | — | — |
| MetroCenter | $1,574 | $1,574 | — | -12.3% | — | — |
| Goodlettsvillesuburb | $1,492 | — | $1,492 | — | — | — |
| The District | $1,479 | — | — | — | — | — |
| Melrose-Waverly | $1,414 | — | — | -11.1% | — | — |
| Hillwood | $1,309 | — | — | -9.7% | — | — |
| Southeast Nashville | $1,219 | $1,176 | $1,429 | -14.7% | — | — |
| McMurray | $1,213 | — | — | +3.8% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology