Hermitage Rent Trends
Nashville, TN · August 2026 · Abode managed-community data (includes concession-adjusted effective rents)
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
- Median asking rent
- $1,398
- Effective rent
- $1,342
- Vs. Nashville median
- -33%
- Avg days to lease
- —
- Active rentals now
- 452
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$975
— YoY · as of August 2026
1 bedroom
$1,199
— YoY · as of August 2026
2 bedroom
$1,435
— YoY · as of August 2026
3+ bedroom
$1,625
— YoY · as of August 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
Hermitage renting, answered
- What is the average rent in Hermitage?
- As of August 2026, the median asking rent in Hermitage is $1,398 per month, based on 677 leased listings. By size, the median is $1,199 for a 1 bedroom and $1,435 for a 2 bedroom.
- Is Hermitage more expensive than Nashville overall?
- Hermitage's median asking rent is 33% below the Nashville citywide median of $2,085.
Beyond the numbers
Get to know Hermitage
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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