Nashville Rent Report — March 2024
A permanent record of Nashville rents for March 2024 from the Abode Rent Index. These figures are final.
This month in Nashville
As of March 2024, the median asking rent in Nashville, TN is $2,300 per month, up +2.8% from a year earlier.
In Nashville right now, the average listing leases in 20 days and 7,924 rentals are actively listed.
Green Hills - Midtown is the most expensive area tracked at $3,100 median, while Shadow Glen is the most affordable at $1,102.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, March 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Green Hills - Midtown | $3,100 | — | — | — | — | — |
| The Gulch | $2,780 | — | $2,780 | +50.8% | — | — |
| Music Row | $2,187 | $2,187 | — | — | — | — |
| Franklinsuburb | $2,066 | $1,681 | $2,066 | -2.3% | — | — |
| Haynes Area | $2,050 | — | $2,050 | +27.5% | — | — |
| SoBro | $2,018 | — | — | — | — | — |
| Hillwood | $1,850 | $1,850 | $1,539 | +22.6% | — | — |
| Germantown | $1,759 | $1,759 | $2,325 | -5.6% | — | — |
| West Meade | $1,726 | $1,578 | $1,726 | — | — | — |
| Northeast Nashville | $1,641 | $1,199 | $1,641 | +42.1% | — | — |
| West End Nashville | $1,629 | $1,629 | $2,072 | +5.2% | — | — |
| The District | $1,622 | $1,622 | — | -26.1% | — | — |
| Midtown Nashville | $1,614 | $1,614 | $2,518 | -2.2% | — | — |
| Melrose-Waverly | $1,599 | $1,599 | — | 0.0% | — | — |
| MetroCenter | $1,538 | $1,538 | — | -7.2% | — | — |
| Nashville | $1,459 | $1,459 | $1,659 | -18.4% | — | — |
| McMurray | $1,429 | — | — | +10.0% | — | — |
| Goodlettsvillesuburb | $1,275 | — | $1,275 | -18.2% | — | — |
| Hermitage | $1,224 | $1,224 | $1,575 | -10.0% | — | — |
| Southeast Nashville | $1,186 | $1,186 | $1,520 | -5.0% | — | — |
| Shadow Glen | $1,102 | — | — | — | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology