Nashville Rent Report — July 2024
A permanent record of Nashville rents for July 2024 from the Abode Rent Index. These figures are final.
This month in Nashville
As of July 2024, the median asking rent in Nashville, TN is $1,893 per month.
Advertised net-effective rent — asking less advertised concessions — is $1,883, a median discount of +0.5% ($10/month) off asking.
In Nashville right now, the average listing leases in 21 days and 13,037 rentals are actively listed.
Green Hills is the most expensive area tracked at $2,922 median, while Madison is the most affordable at $1,055.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, July 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Green Hills | $2,922 | — | — | +10.3% | — | — |
| SoBro | $2,550 | $1,960 | $3,300 | +30.4% | — | — |
| Downtown Nashville | $2,495 | $2,495 | — | -19.0% | — | — |
| The Gulch | $2,352 | $2,094 | — | +2.3% | — | — |
| North Gulch | $2,086 | $1,905 | $3,612 | -19.1% | — | — |
| Green Hills - Midtown | $2,038 | — | $2,038 | — | — | — |
| Music Row | $2,010 | $2,010 | — | +11.0% | — | — |
| Franklinsuburb | $1,955 | $1,685 | $2,015 | -3.0% | — | — |
| Tomorrow's Hope-TSU | $1,880 | $1,815 | $2,505 | +2.7% | — | — |
| Germantown | $1,868 | $1,824 | $2,674 | -9.6% | — | — |
| Midtown Nashville | $1,856 | $1,687 | $2,122 | -5.7% | — | — |
| Edgehill | $1,828 | $2,229 | — | -7.9% | — | — |
| Melrose-Waverly | $1,799 | $1,710 | $2,396 | -8.4% | — | — |
| MetroCenter | $1,799 | $1,606 | $2,168 | -0.8% | — | — |
| South Nashville | $1,784 | — | — | -11.7% | — | — |
| Gallatin | $1,738 | — | — | +20.0% | — | — |
| Haynes Area | $1,735 | $1,645 | $2,030 | -14.6% | — | — |
| West Meade | $1,708 | $1,563 | $1,723 | -3.5% | — | — |
| East Nashville | $1,707 | $1,140 | $1,658 | +2.3% | — | — |
| Murfreesborosuburb | $1,695 | $1,444 | $1,540 | +19.9% | — | — |
| The Nations | $1,664 | $1,630 | — | — | — | — |
| West End Nashville | $1,618 | $1,610 | — | -18.4% | — | — |
| Bellevue | $1,580 | $1,440 | $1,695 | +6.3% | — | — |
| Nashville | $1,575 | $1,525 | $1,980 | -5.0% | — | — |
| Villages of Riverwood | $1,569 | — | — | -13.7% | — | — |
| Sylvan Park | $1,568 | $1,579 | — | — | — | — |
| Hillwood | $1,559 | — | $1,519 | +1.3% | — | — |
| Northeast Nashville | $1,551 | $1,479 | $1,587 | +11.3% | — | — |
| Dickerson Road | $1,530 | $1,458 | $1,900 | +4.4% | — | — |
| The Woodlands | $1,489 | — | $1,489 | — | — | — |
| Four Corners | $1,464 | — | — | +5.8% | — | — |
| Southeast Nashville | $1,456 | $1,276 | $1,575 | +2.3% | — | — |
| Shadow Glen | $1,450 | — | — | -4.0% | — | — |
| Hendersonvillesuburb | $1,444 | $1,268 | $1,498 | +2.7% | — | — |
| Talbot's Corner | $1,351 | — | — | — | — | — |
| Hermitage | $1,302 | $1,195 | $1,346 | -1.4% | — | — |
| McMurray | $1,161 | $1,161 | $1,100 | -9.3% | — | — |
| Madison | $1,055 | $1,034 | $1,222 | — | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology