Hermitage Rent Trends
Nashville, TN · July 2026 · Abode managed-community data (includes concession-adjusted effective rents)
Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026
- Median asking rent
- $1,625
- Effective rent
- $1,540
- Vs. Nashville median
- -35%
- Avg days to lease
- —
- Active rentals now
- 148
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,293
— YoY · as of May 2026
1 bedroom
$1,491
+27.2% YoY · as of July 2026
2 bedroom
$1,637
+13.8% YoY · as of July 2026
3+ bedroom
$1,625
— YoY · as of July 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
Hermitage renting, answered
- What is the average rent in Hermitage?
- As of July 2026, the median asking rent in Hermitage is $1,625 per month, based on 163 leased listings. By size, the median is $1,491 for a 1 bedroom and $1,637 for a 2 bedroom.
- Are rents in Hermitage going up or down?
- Median asking rent in Hermitage is up 13.0% compared with a year ago.
- Is Hermitage more expensive than Nashville overall?
- Hermitage's median asking rent is 35% below the Nashville citywide median of $2,500.
Beyond the numbers
Get to know Hermitage
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