Nashville Rent Report — October 2024
A permanent record of Nashville rents for October 2024 from the Abode Rent Index. These figures are final.
This month in Nashville
As of October 2024, the median asking rent in Nashville, TN is $1,937 per month, down +4.6% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $1,902, a median discount of +1.8% ($35/month) off asking.
In Nashville right now, the average listing leases in 19 days and 13,744 rentals are actively listed.
The fastest-rising neighborhoods year over year are MetroCenter (+42.0%), West Meade (+29.6%), Nashville (+20.1%).
Mount Juliet is the most expensive area tracked at $2,500 median, while Southeast Nashville is the most affordable at $1,267.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, October 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Mount Juliet | $2,500 | — | — | +11.1% | — | — |
| Bordeaux - Whites Creek - Haynes Trinity | $2,425 | — | — | — | — | — |
| Green Hills - Midtown | $2,423 | $1,600 | $2,000 | -3.1% | — | — |
| Downtown Nashville | $2,421 | $2,038 | $3,655 | -11.5% | — | — |
| The Gulch | $2,310 | $2,106 | — | +2.9% | -21.7% | — |
| Talbot's Corner | $2,300 | — | — | +20.9% | — | — |
| West Nashville | $2,232 | — | — | -8.1% | — | — |
| Four Corners | $2,195 | — | — | — | — | — |
| North Gulch | $2,139 | $2,162 | — | +9.0% | -8.3% | — |
| Spring Hill | $2,050 | — | — | -14.5% | — | — |
| Edgehill | $2,039 | — | — | — | — | — |
| East Nashville | $2,028 | $1,237 | $1,761 | +12.0% | — | — |
| Antioch - Priest Lake | $2,020 | — | — | +12.5% | — | — |
| Haynes Area | $2,012 | — | — | +0.5% | — | — |
| SoBro | $1,987 | $2,000 | — | -10.6% | +10.7% | — |
| MetroCenter | $1,976 | $1,592 | $2,136 | +12.4% | +42.0% | — |
| West Meade | $1,949 | $1,508 | $2,199 | +22.9% | +29.6% | — |
| Tomorrow's Hope-TSU | $1,941 | $1,930 | — | +1.6% | — | — |
| Donelson - Hermitage - Old Hickory | $1,900 | — | $1,500 | +2.7% | — | — |
| Madison | $1,895 | — | $1,613 | +22.3% | — | — |
| Franklinsuburb | $1,881 | $1,598 | $1,899 | +1.5% | +7.8% | — |
| Germantown | $1,835 | $1,831 | $2,598 | -22.4% | +0.1% | — |
| Bellevue | $1,824 | $1,334 | $1,439 | +0.2% | — | — |
| Music Row | $1,822 | $1,813 | — | -7.5% | — | — |
| Green Hills | $1,795 | — | — | -32.8% | — | — |
| Hendersonvillesuburb | $1,786 | $1,279 | $1,469 | +0.9% | — | — |
| Old Hickory | $1,780 | — | $1,799 | — | — | — |
| Midtown Nashville | $1,778 | $1,761 | $2,550 | -3.9% | +8.9% | — |
| Northeast Nashville | $1,746 | $1,395 | $1,783 | +7.0% | +0.1% | — |
| Gallatin | $1,715 | $1,318 | $1,625 | +13.7% | — | — |
| South Nashville | $1,695 | $1,710 | — | +13.9% | — | — |
| Murfreesborosuburb | $1,650 | $1,352 | $1,464 | -1.2% | — | — |
| North Nashville | $1,600 | — | — | -33.2% | — | — |
| Melrose-Waverly | $1,599 | $1,599 | — | -1.1% | +8.0% | — |
| West End Nashville | $1,599 | $1,552 | $1,899 | -0.8% | +3.5% | — |
| Pie Town | $1,590 | $1,510 | $2,700 | — | — | — |
| The District | $1,554 | $1,554 | — | — | — | — |
| Dickerson Road | $1,512 | $1,485 | — | -3.0% | — | — |
| Nashville | $1,506 | $1,421 | $1,656 | -4.1% | +20.1% | — |
| Hillwood | $1,504 | $1,389 | $1,509 | -13.3% | — | — |
| The Woodlands | $1,480 | — | $1,512 | +1.3% | — | — |
| Whitebridge | $1,419 | — | — | — | -10.2% | — |
| Hillsboro West End | $1,400 | — | — | — | — | — |
| The Nations | $1,373 | — | — | -19.8% | — | — |
| Hermitage | $1,318 | $1,188 | $1,348 | +3.5% | — | — |
| Shadow Glen | $1,295 | — | — | -9.3% | — | — |
| Southeast Nashville | $1,267 | $1,170 | $1,490 | -9.4% | -16.1% | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology