Nashville Rent Report — December 2024
A permanent record of Nashville rents for December 2024 from the Abode Rent Index. These figures are final.
This month in Nashville
As of December 2024, the median asking rent in Nashville, TN is $2,100 per month, down +16.0% 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 Southeast Nashville (+15.8%), Hillwood (+14.5%), The Gulch (+7.9%).
North Gulch is the most expensive area tracked at $2,902 median, while Hermitage is the most affordable at $1,236.
Source: the Abode Rent Index, computed from leased listings across MLS and Abode-managed communities, updated monthly. How these numbers are calculated
Neighborhood medians, December 2024
| Neighborhood | Median rent | 1 bed | 2 bed | MoM | YoY | Days on market |
|---|---|---|---|---|---|---|
| North Gulch | $2,902 | — | — | +43.2% | — | — |
| West Nashville | $2,700 | — | $1,950 | +7.6% | — | — |
| East Nashville | $2,673 | — | — | +2.9% | — | — |
| Bellevue | $2,450 | — | — | +21.0% | — | — |
| Tomorrow's Hope-TSU | $2,380 | $1,830 | $2,380 | +0.6% | — | — |
| Green Hills - Midtown | $2,288 | — | — | -8.0% | — | — |
| Hendersonvillesuburb | $2,250 | — | — | 0.0% | — | — |
| RiverNorth | $2,134 | $2,134 | $2,696 | -4.7% | — | — |
| The Gulch | $2,133 | $2,133 | — | +0.4% | +7.9% | — |
| Spring Hill | $2,100 | — | — | -1.9% | — | — |
| Madison | $2,060 | — | — | -2.4% | — | — |
| Parkwood - Union Hill | $1,983 | — | — | — | — | — |
| SoBro | $1,975 | $1,975 | — | +35.8% | — | — |
| Donelson - Hermitage - Old Hickory | $1,950 | — | — | -7.1% | — | — |
| Edgehill | $1,912 | — | — | +4.1% | — | — |
| Gallatin | $1,910 | — | — | +1.9% | — | — |
| Murfreesborosuburb | $1,885 | — | $1,423 | +1.3% | — | — |
| Antioch - Priest Lake | $1,860 | — | — | -6.8% | — | — |
| Franklinsuburb | $1,812 | $1,680 | $1,812 | -9.2% | -4.6% | — |
| Northeast Nashville | $1,795 | — | $1,795 | +25.0% | — | — |
| Music Valley | $1,772 | — | — | +18.0% | — | — |
| Germantown | $1,760 | $1,760 | $2,526 | 0.0% | +1.2% | — |
| Music Row | $1,737 | $1,737 | — | -7.7% | -15.7% | — |
| Midtown Nashville | $1,725 | $1,725 | $2,747 | -1.1% | +1.5% | — |
| South Nashville | $1,707 | $1,707 | — | +14.9% | — | — |
| Nashville | $1,594 | $1,246 | $1,594 | +24.1% | -6.5% | — |
| West Meade | $1,563 | $1,433 | $1,563 | -12.1% | -2.3% | — |
| Haynes Area | $1,562 | $1,562 | $2,009 | -23.2% | -5.3% | — |
| West End Nashville | $1,541 | $1,541 | — | -22.5% | -10.8% | — |
| The Woodlands | $1,522 | — | — | +24.9% | — | — |
| Hillwood | $1,499 | $1,314 | $1,499 | +7.1% | +14.5% | — |
| Dickerson Road | $1,485 | $1,485 | — | -7.2% | — | — |
| North Nashville | $1,475 | — | — | -35.7% | — | — |
| MetroCenter | $1,465 | $1,465 | $1,944 | -15.0% | -6.9% | — |
| The District | $1,449 | $1,449 | — | -9.6% | -2.0% | — |
| Cedarwood Courtyard | $1,424 | — | — | — | — | — |
| Southeast Nashville | $1,412 | $1,153 | $1,412 | +22.5% | +15.8% | — |
| Sylvan Park | $1,369 | $1,369 | — | — | — | — |
| Melrose-Waverly | $1,314 | $1,314 | $1,732 | -17.8% | -7.1% | — |
| Hermitage | $1,236 | $1,236 | $1,369 | -21.0% | — | — |
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Neighborhoods with samples below the publishing threshold are omitted for this month. Methodology