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Nashville Rent Report — November 2024

A permanent record of Nashville rents for November 2024 from the Abode Rent Index. These figures are final.

See the live Nashville Rent Index →

This month in Nashville

As of November 2024, the median asking rent in Nashville, TN is $2,285 per month, up +8.8% 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 Hermitage (+25.7%), West End Nashville (+10.1%), Midtown Nashville (+2.6%).

Downtown Nashville is the most expensive area tracked at $2,650 median, while Southeast Nashville is the most affordable at $1,153.

Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated

Neighborhood medians, November 2024

NeighborhoodMedian rent1 bed2 bedMoMYoYDays on market
Downtown Nashville$2,650$2,650-7.0%
Green Hills$2,600
East Nashville$2,598$2,000-1.0%
West Nashville$2,509-8.8%
Green Hills - Midtown$2,488$1,800$2,123+2.7%
Talbot's Corner$2,445+6.3%
Tomorrow's Hope-TSU$2,365$1,815$2,365+22.5%
Mount Juliet$2,342-6.3%
North Nashville$2,295+43.4%
Hendersonvillesuburb$2,250+1.4%
RiverNorth$2,240$2,240
Downtown Franklinsuburb$2,240
Spring Hill$2,140+4.4%
The Gulch$2,124$2,124$3,185+1.1%-21.5%
Madison$2,110+11.3%
Donelson - Hermitage - Old Hickory$2,100+10.5%
Haynes Area$2,035$1,458$2,035+0.7%
North Gulch$2,026$2,026-7.2%
Bellevue$2,025-11.9%
Antioch - Priest Lake$1,995-1.2%
Franklinsuburb$1,995$1,612$1,995+6.3%-16.6%
West End Nashville$1,989$1,989+28.2%+10.1%
Music Row$1,881$1,881+3.8%
Gallatin$1,875-10.7%
Murfreesborosuburb$1,860$1,338-1.6%
Edgehill$1,836
West Meade$1,778$1,778-10.9%
Germantown$1,760$1,760$2,482-2.9%-2.7%
Midtown Nashville$1,744$1,744$2,609-2.8%+2.6%
MetroCenter$1,723$1,723$2,084-19.3%-4.0%
The Nations$1,716+27.1%-15.7%
Shadow Glen$1,694+30.8%
The District$1,602$1,602+3.1%
Dickerson Road$1,600$1,385+7.7%
Melrose-Waverly$1,599$1,599$1,7160.0%+0.6%
Hermitage$1,564$1,236$1,564+16.0%+25.7%
Music Valley$1,502
South Nashville$1,486$1,675-13.1%
SoBro$1,454-27.3%
Northeast Nashville$1,436$1,347$1,436-20.0%
Hillwood$1,399$1,399$1,519-7.3%-3.5%
Nashville$1,284$1,284$1,486-10.1%-20.5%
The Woodlands$1,219$1,219$1,489-19.4%
Southeast Nashville$1,153$1,153$1,482-1.5%-19.3%

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology