Nashville Rent Report — September 2024
A permanent record of Nashville rents for September 2024 from the Abode Rent Index. These figures are final.
This month in Nashville
As of September 2024, the median asking rent in Nashville, TN is $2,373 per month, up +18.6% from a year earlier.
In Nashville right now, the average listing leases in 20 days and 7,924 rentals are actively listed.
The fastest-rising neighborhoods year over year are Hillwood (+20.9%), The Nations (+20.4%), Southeast Nashville (+18.6%).
Downtown Franklin is the most expensive area tracked at $3,691 median, while South Nashville is the most affordable at $1,092.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, September 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Downtown Franklinsuburb | $3,691 | — | $3,691 | — | — | — |
| Nations | $3,498 | — | — | +27.2% | — | — |
| West Nashville | $3,325 | — | — | +37.1% | — | — |
| Downtown Nashville | $3,100 | — | — | -18.4% | — | — |
| Green Hills | $2,700 | — | — | -10.0% | — | — |
| Green Hills - Midtown | $2,500 | $1,513 | $2,099 | -2.0% | — | — |
| Spring Hill | $2,450 | — | — | +18.4% | — | — |
| East Nashville | $2,395 | — | $1,796 | -16.3% | — | — |
| North Nashville | $2,395 | — | — | +4.1% | — | — |
| Bellevue | $2,348 | — | — | +4.4% | — | — |
| Talbot's Corner | $2,290 | — | — | — | — | — |
| SoBro | $2,275 | — | — | +19.7% | — | — |
| Mount Juliet | $2,250 | — | — | -1.7% | — | — |
| North Gulch | $2,233 | — | — | -34.2% | +1.3% | — |
| Hendersonvillesuburb | $2,175 | — | — | +4.2% | — | — |
| The Gulch | $2,166 | $2,166 | $3,399 | 0.0% | -21.5% | — |
| Madison | $2,038 | — | — | +8.8% | — | — |
| Haynes Area | $2,002 | — | $2,002 | +23.2% | — | — |
| Music Row | $1,915 | $1,915 | — | -3.9% | +3.9% | — |
| Tomorrow's Hope-TSU | $1,912 | — | — | -23.2% | — | — |
| Franklinsuburb | $1,869 | $1,652 | $1,869 | -5.6% | -2.8% | — |
| Donelson - Hermitage - Old Hickory | $1,850 | — | $1,550 | -7.4% | — | — |
| Hillwood | $1,849 | $1,464 | $1,999 | 0.0% | +20.9% | — |
| Germantown | $1,845 | $1,845 | $2,627 | +8.1% | +8.3% | — |
| Murfreesborosuburb | $1,825 | — | $1,470 | -2.9% | — | — |
| Midtown Nashville | $1,810 | $1,810 | — | +5.1% | -2.9% | — |
| Antioch - Priest Lake | $1,795 | — | — | -8.7% | — | — |
| West Meade | $1,703 | — | $1,813 | -0.8% | +14.6% | — |
| The Nations | $1,684 | $1,684 | — | +5.3% | +20.4% | — |
| Gallatin | $1,650 | — | — | -23.8% | — | — |
| MetroCenter | $1,646 | $1,646 | $2,080 | -7.0% | -0.5% | — |
| Melrose-Waverly | $1,621 | $1,621 | $2,510 | -4.1% | +12.8% | — |
| Shadow Glen | $1,612 | — | — | +19.0% | — | — |
| Cedarwood Courtyard | $1,584 | — | — | — | — | — |
| Goodlettsvillesuburb | $1,582 | — | — | — | — | — |
| Nashville | $1,579 | $1,294 | $1,579 | -1.9% | +14.3% | — |
| West End Nashville | $1,486 | $1,486 | — | -3.1% | -11.7% | — |
| The Woodlands | $1,469 | — | $1,469 | 0.0% | — | — |
| Southeast Nashville | $1,408 | $1,150 | $1,408 | +17.1% | +18.6% | — |
| Northeast Nashville | $1,395 | $1,395 | $1,852 | -27.4% | -17.4% | — |
| Sylvan Park | $1,377 | $1,377 | — | — | — | — |
| Dickerson Road | $1,347 | — | $1,347 | -8.1% | -46.1% | — |
| Hermitage | $1,199 | $1,199 | $1,431 | -22.1% | — | — |
| South Nashville | $1,092 | $2,080 | — | -39.8% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology