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Downtown Nashville Rent Trends

Nashville, TN · May 2026 · median asking rents from leased listings

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$2,595
Effective rent
$2,595
Vs. Nashville median
-0%
Avg days to lease
21
Active rentals now
251

Median asking rent over time

$2.3k$2.8k$3.3k$3.8kJul ’24Oct ’24Feb ’25May ’25Oct ’25May ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,195
YoY · as of March 2026

Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Downtown Nashville renting, answered

What is the average rent in Downtown Nashville?
As of May 2026, the median asking rent in Downtown Nashville is $2,595 per month, based on 11 leased listings. By size, the median is $2,195 for a 1 bedroom.
Are rents in Downtown Nashville going up or down?
Median asking rent in Downtown Nashville is down 3.9% compared with a year ago.
Is Downtown Nashville more expensive than Nashville overall?
Downtown Nashville's median asking rent is 0% below the Nashville citywide median of $2,600.
How quickly do rentals lease in Downtown Nashville?
Over the last 90 days, rentals in Downtown Nashville leased in an average of 21 days, with 251 active listings on the market right now.

Beyond the numbers

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