Hermitage Rent Trends
Nashville, TN · June 2026 · Abode managed-community data (includes concession-adjusted effective rents)
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $1,513
- Effective rent
- $1,463
- Vs. Nashville median
- -39%
- Avg days to lease
- —
- Active rentals now
- 146
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,293
— YoY · as of May 2026
1 bedroom
$1,295
+6.8% YoY · as of June 2026
2 bedroom
$1,513
-0.5% YoY · as of June 2026
3+ bedroom
$1,625
— YoY · as of June 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
Hermitage renting, answered
- What is the average rent in Hermitage?
- As of June 2026, the median asking rent in Hermitage is $1,513 per month, based on 218 leased listings. By size, the median is $1,295 for a 1 bedroom and $1,513 for a 2 bedroom.
- Are rents in Hermitage going up or down?
- Median asking rent in Hermitage is roughly flat compared with a year ago.
- Is Hermitage more expensive than Nashville overall?
- Hermitage's median asking rent is 39% below the Nashville citywide median of $2,500.
Beyond the numbers
Get to know Hermitage
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
Read the Hermitage guide →Thinking about Hermitage?
A dedicated Abode agent who knows the block-by-block market — free for renters.