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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 $1,921 per month.

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 21 days and 13,037 rentals are actively listed.

Green Hills is the most expensive area tracked at $2,957 median, while Southeast Nashville is the most affordable at $1,367.

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
Green Hills$2,957——+64.7%——
Green Hills - Midtown$2,488$1,800$2,123+2.7%——
Downtown Franklinsuburb$2,463—————
Talbot's Corner$2,445——+6.3%——
Downtown Nashville$2,407$2,398$3,210-0.6%——
Mount Juliet$2,342——-6.3%——
The Gulch$2,330$2,126$3,150+2.3%——
North Nashville$2,295——+43.4%——
RiverNorth$2,250$2,240————
North Gulch$2,201$2,005$3,693+6.5%——
Spring Hill$2,140——+4.4%——
West Nashville$2,127—$1,793-4.7%——
Madison$2,110——+11.3%——
Donelson - Hermitage - Old Hickory$2,100——+10.5%——
West End Nashville$2,044$1,989—+31.4%——
Antioch - Priest Lake$1,995——-1.2%——
Haynes Area$1,984$1,458$2,035-3.6%——
Edgehill$1,977——-10.0%——
East Nashville$1,953$1,420$2,000-5.0%——
Tomorrow's Hope-TSU$1,940$1,815$2,365+16.3%——
Midtown Nashville$1,900$1,744$2,582+16.7%——
Music Row$1,882$1,881—+2.4%——
Germantown$1,801$1,760$2,836+5.8%——
Pie Town$1,790$1,790—+60.8%——
Franklinsuburb$1,786$1,600$1,992-3.5%——
Hendersonvillesuburb$1,766$1,250$1,481-0.5%——
MetroCenter$1,744$1,723$2,084-5.0%——
Gallatin$1,724$1,378$1,700-1.2%——
Bellevue$1,723$1,289$1,459-5.5%——
The Nations$1,716——+16.6%——
West Meade$1,683—$1,778-22.3%——
Shadow Glen$1,645——+17.8%——
Music Valley$1,640—————
Melrose-Waverly$1,617$1,599$1,716-5.4%——
Murfreesborosuburb$1,606$1,209$1,488-3.7%——
South Nashville$1,587$1,675—-0.8%——
Four Corners$1,579——-28.1%——
Villages of Riverwood$1,536—————
Hillwood$1,504$1,399$1,519+0.3%——
Dickerson Road$1,495$1,395$1,600-0.7%——
The District$1,479$1,725—+0.5%——
SoBro$1,474——-31.6%——
Nashville$1,467$1,346$1,507-10.0%——
The Woodlands$1,441$1,219$1,489-0.8%——
Northeast Nashville$1,432$1,347$1,432-7.5%——
Hermitage$1,379$1,236$1,564+9.4%——
Southeast Nashville$1,367$1,126$1,482-1.1%——

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