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Downtown Nashville Rent Trends

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

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026

Median asking rent
$2,748
Effective rent
$2,748
Vs. Nashville median
+6%
Avg days to lease
24
Active rentals now
271

Median asking rent over time

$2.2k$2.8k$3.3k$3.8kMay ’24Sep ’24Jan ’25Apr ’25Jul ’25May ’26
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,475
YoY · as of January 2026

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

Data through June 2026 · Last updated July 8, 2026 · Next release: early August 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 $2,748 per month, based on 10 leased listings. By size, the median is $2,475 for a 1 bedroom.
Are rents in Downtown Nashville going up or down?
Median asking rent in Downtown Nashville is up 1.8% compared with a year ago.
Is Downtown Nashville more expensive than Nashville overall?
Downtown Nashville's median asking rent is 6% above 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 24 days, with 271 active listings on the market right now.

Beyond the numbers

Get to know Downtown Nashville

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