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Hermitage Rent Trends

Nashville, TN · October 2026 · Abode managed-community data (includes concession-adjusted effective rents)

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Median asking rent
$1,370
Effective rent
$1,334
Vs. Nashville median
-30%
Avg days to lease
—
Active rentals now
425

Asking vs. effective rent over time

$1.1k$1.3k$1.4k$1.5kJul ’23Mar ’24Sep ’24Mar ’25Sep ’25Mar ’26Oct ’26
Asking rentEffective rent (after concessions)Concession spread
Studio
$974
— YoY · as of October 2026
1 bedroom
$1,228
— YoY · as of October 2026
2 bedroom
$1,399
— YoY · as of October 2026
3+ bedroom
$1,625
— YoY · as of October 2026

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

Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026

Hermitage renting, answered

What is the average rent in Hermitage?
As of October 2026, the median asking rent in Hermitage is $1,370 per month, based on 668 leased listings. By size, the median is $1,228 for a 1 bedroom and $1,399 for a 2 bedroom.
Is Hermitage more expensive than Nashville overall?
Hermitage's median asking rent is 30% below the Nashville citywide median of $1,968.

Beyond the numbers

Get to know Hermitage

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