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 $1,936 per month, up +15.4% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $1,903, a median discount of +1.7% ($33/month) off asking.
In Nashville right now, the average listing leases in 21 days and 13,037 rentals are actively listed.
Downtown Franklin is the most expensive area tracked at $3,670 median, while Hermitage is the most affordable at $1,325.
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 | $3,670 | — | $3,691 | — | — | — |
| North Nashville | $2,700 | — | — | +20.1% | — | — |
| Green Hills | $2,673 | — | $2,650 | +2.3% | — | — |
| Downtown Nashville | $2,666 | $2,194 | — | +1.6% | — | — |
| West Nashville | $2,514 | — | — | +27.2% | — | — |
| Green Hills - Midtown | $2,500 | $1,513 | $2,150 | -10.7% | — | — |
| The Gulch | $2,430 | $2,166 | $3,414 | -1.2% | — | — |
| Spring Hill | $2,400 | — | — | +20.9% | — | — |
| Mount Juliet | $2,318 | — | — | — | — | — |
| SoBro | $2,300 | — | — | -8.3% | — | — |
| Germantown | $2,174 | $2,040 | $2,629 | +20.2% | — | — |
| North Gulch | $2,161 | $1,910 | $3,466 | -3.7% | — | — |
| Haynes Area | $2,002 | — | $2,002 | +11.8% | — | — |
| Talbot's Corner | $1,964 | — | — | +47.2% | — | — |
| Melrose-Waverly | $1,824 | $1,621 | $2,510 | -0.1% | — | — |
| Music Row | $1,810 | $1,915 | — | -22.4% | — | — |
| Bellevue | $1,809 | $1,184 | $1,418 | +18.3% | — | — |
| Franklinsuburb | $1,808 | $1,643 | $1,853 | -0.2% | — | — |
| MetroCenter | $1,808 | $1,646 | $2,080 | +2.3% | — | — |
| Donelson - Hermitage - Old Hickory | $1,795 | — | $1,500 | -3.0% | — | — |
| Antioch - Priest Lake | $1,795 | — | — | -10.5% | — | — |
| Tomorrow's Hope-TSU | $1,795 | — | — | -21.5% | — | — |
| East Nashville | $1,762 | $1,140 | $1,970 | -11.1% | — | — |
| Midtown Nashville | $1,753 | $1,750 | $1,985 | +4.1% | — | — |
| Hendersonvillesuburb | $1,720 | $1,298 | $1,420 | +3.9% | — | — |
| Hillwood | $1,699 | $1,464 | $1,999 | +3.4% | — | — |
| West Meade | $1,698 | — | $1,813 | -2.0% | — | — |
| The Nations | $1,684 | $1,672 | — | +2.1% | — | — |
| Murfreesborosuburb | $1,669 | $1,378 | $1,537 | -1.3% | — | — |
| South Nashville | $1,646 | $2,080 | — | -8.7% | — | — |
| Cedarwood Courtyard | $1,584 | — | — | — | — | — |
| Nashville | $1,580 | $1,385 | $1,600 | +1.6% | — | — |
| Goodlettsvillesuburb | $1,576 | — | — | +5.1% | — | — |
| Gallatin | $1,566 | $1,348 | $1,510 | +8.4% | — | — |
| Madison | $1,549 | $1,004 | — | +14.7% | — | — |
| Dickerson Road | $1,520 | $1,505 | $1,347 | +3.8% | — | — |
| West End Nashville | $1,486 | $1,470 | — | -4.0% | — | — |
| The Woodlands | $1,454 | — | $1,469 | -0.5% | — | — |
| Northeast Nashville | $1,425 | $1,239 | $1,508 | -23.2% | — | — |
| Sylvan Park | $1,377 | $1,377 | — | — | — | — |
| Southeast Nashville | $1,340 | $1,150 | $1,408 | +0.8% | — | — |
| Shadow Glen | $1,335 | — | — | -8.7% | — | — |
| Hermitage | $1,325 | $1,199 | $1,431 | -1.0% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology