Nashville Rent Report — November 2024
A permanent record of Nashville rents for November 2024 from the Abode Rent Index. These figures are final.
This month in Nashville
As of November 2024, the median asking rent in Nashville, TN is $1,921 per month, down +3.6% from a year earlier.
Advertised net-effective rent — asking less advertised concessions — is $1,892, a median discount of +1.5% ($29/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 Hermitage (+25.7%), West End Nashville (+10.1%), Midtown Nashville (+2.6%).
Green Hills is the most expensive area tracked at $2,957 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, November 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| Green Hills | $2,957 | — | — | +64.7% | — | — |
| Green Hills - Midtown | $2,488 | $1,800 | $2,123 | +2.7% | — | — |
| Talbot's Corner | $2,445 | — | — | +6.3% | — | — |
| Downtown Nashville | $2,407 | $2,398 | $3,210 | -0.6% | — | — |
| Downtown Franklinsuburb | $2,359 | — | — | — | — | — |
| Mount Juliet | $2,342 | — | — | -6.3% | — | — |
| North Nashville | $2,295 | — | — | +43.4% | — | — |
| RiverNorth | $2,245 | $2,240 | — | — | — | — |
| The Gulch | $2,234 | $2,125 | $3,166 | +3.4% | -21.5% | — |
| Spring Hill | $2,140 | — | — | +4.4% | — | — |
| Tomorrow's Hope-TSU | $2,138 | $1,815 | $2,365 | +19.9% | — | — |
| West Nashville | $2,127 | — | $1,793 | -4.7% | — | — |
| North Gulch | $2,119 | $2,015 | $3,693 | +0.6% | — | — |
| Madison | $2,110 | — | — | +11.3% | — | — |
| Donelson - Hermitage - Old Hickory | $2,100 | — | — | +10.5% | — | — |
| West End Nashville | $2,018 | $1,989 | — | +29.1% | +10.1% | — |
| Haynes Area | $2,008 | $1,458 | $2,035 | +0.2% | — | — |
| Antioch - Priest Lake | $1,995 | — | — | -1.2% | — | — |
| East Nashville | $1,953 | $1,420 | $2,000 | -5.0% | — | — |
| Edgehill | $1,911 | — | — | -10.7% | — | — |
| Franklinsuburb | $1,884 | $1,606 | $1,993 | +1.1% | -16.6% | — |
| Music Row | $1,882 | $1,881 | — | +2.5% | — | — |
| Midtown Nashville | $1,827 | $1,744 | $2,595 | +9.1% | +2.6% | — |
| Pie Town | $1,790 | $1,790 | — | +68.0% | — | — |
| Germantown | $1,782 | $1,760 | $2,721 | +6.5% | -2.7% | — |
| Hendersonvillesuburb | $1,766 | $1,250 | $1,481 | -0.5% | — | — |
| MetroCenter | $1,734 | $1,723 | $2,084 | -14.7% | -4.0% | — |
| West Meade | $1,727 | — | $1,778 | -18.5% | — | — |
| Gallatin | $1,724 | $1,378 | $1,700 | -1.2% | — | — |
| Bellevue | $1,723 | $1,289 | $1,459 | -5.5% | — | — |
| The Nations | $1,716 | — | — | +16.6% | -15.7% | — |
| Shadow Glen | $1,668 | — | — | +17.8% | — | — |
| Melrose-Waverly | $1,609 | $1,599 | $1,716 | -9.3% | +0.6% | — |
| Murfreesborosuburb | $1,606 | $1,209 | $1,488 | -3.7% | — | — |
| Four Corners | $1,579 | — | — | -28.1% | — | — |
| Music Valley | $1,576 | — | — | — | — | — |
| Dickerson Road | $1,544 | $1,390 | $1,600 | +10.2% | — | — |
| South Nashville | $1,540 | $1,675 | — | +1.4% | — | — |
| The District | $1,536 | $1,668 | — | +6.2% | — | — |
| Villages of Riverwood | $1,523 | — | — | — | — | — |
| Hermitage | $1,465 | $1,236 | $1,564 | +12.4% | +25.7% | — |
| SoBro | $1,465 | — | — | -33.4% | — | — |
| Hillwood | $1,455 | $1,399 | $1,519 | -3.3% | -3.5% | — |
| Northeast Nashville | $1,434 | $1,347 | $1,434 | -6.8% | — | — |
| Nashville | $1,382 | $1,317 | $1,497 | -8.3% | -20.5% | — |
| The Woodlands | $1,337 | $1,219 | $1,489 | -9.7% | — | — |
| Southeast Nashville | $1,267 | $1,139 | $1,482 | +0.7% | -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