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Downtown Nashville Rent Trends

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

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Median asking rent
$2,575
Effective rent
$2,560
Vs. Nashville median
+24%
Avg days to lease
21
Active rentals now
258

Median asking rent over time

$1.9k$2.4k$2.8k$3.2kAug ’23Feb ’24Aug ’24Feb ’25Aug ’25Feb ’26Aug ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,975
— YoY · as of August 2026
1 bedroom
$2,575
— YoY · as of August 2026
2 bedroom
$3,895
— YoY · as of August 2026
3+ bedroom
$4,786
— YoY · as of July 2026

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

Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026

Downtown Nashville renting, answered

What is the average rent in Downtown Nashville?
As of August 2026, the median asking rent in Downtown Nashville is $2,575 per month, based on 376 leased listings. By size, the median is $2,575 for a 1 bedroom and $3,895 for a 2 bedroom.
Is Downtown Nashville more expensive than Nashville overall?
Downtown Nashville's median asking rent is 24% above the Nashville citywide median of $2,085.
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 258 active listings on the market right now.

Beyond the numbers

Get to know Downtown Nashville

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