Nashville Rent Report — February 2024
A permanent record of Nashville rents for February 2024 from the Abode Rent Index. These figures are final.
This month in Nashville
As of February 2024, the median asking rent in Nashville, TN is $1,960 per month.
In Nashville right now, the average listing leases in 20 days and 7,924 rentals are actively listed.
The District is the most expensive area tracked at $2,195 median, while Northeast Nashville is the most affordable at $1,155.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, February 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| The District | $2,195 | — | — | — | — | — |
| Franklinsuburb | $2,114 | $2,114 | $3,314 | +4.0% | — | — |
| Germantown | $1,863 | $1,863 | $2,529 | +6.5% | — | — |
| The Gulch | $1,844 | $1,844 | $2,510 | +0.4% | — | — |
| Nashville | $1,788 | $1,281 | $1,788 | +24.2% | — | — |
| Tomorrow's Hope-TSU | $1,758 | — | — | — | — | — |
| Music Valley | $1,747 | — | $1,747 | — | — | — |
| MetroCenter | $1,658 | $1,658 | $1,980 | +0.9% | — | — |
| Midtown Nashville | $1,650 | $1,650 | $2,185 | -0.2% | — | — |
| Haynes Area | $1,608 | $1,608 | — | +1.8% | — | — |
| Melrose-Waverly | $1,599 | $1,599 | $1,799 | 0.0% | — | — |
| The Nations | $1,572 | — | — | — | — | — |
| Goodlettsvillesuburb | $1,559 | — | $1,559 | +0.5% | — | — |
| West End Nashville | $1,549 | $1,549 | $2,052 | -8.2% | — | — |
| Hillwood | $1,509 | — | $1,509 | +7.5% | — | — |
| Hermitage | $1,360 | $1,360 | — | -6.1% | — | — |
| McMurray | $1,299 | — | — | +26.9% | — | — |
| Southeast Nashville | $1,249 | $1,249 | $1,428 | +10.9% | — | — |
| Northeast Nashville | $1,155 | — | — | -22.2% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology