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Melrose Rent Trends

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

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$5,500
Effective rent
$5,500
Vs. Nashville median
+112%
Avg days to lease
16
Active rentals now
13

Median asking rent over time

$1.9k$3.0k$4.3k$5.5kApr ’25Jun ’25Jul ’25May ’26
Asking rentEffective rent (after concessions)Concession spread

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

Melrose renting, answered

What is the average rent in Melrose?
As of May 2026, the median asking rent in Melrose is $5,500 per month, based on 10 leased listings.
Is Melrose more expensive than Nashville overall?
Melrose's median asking rent is 112% above the Nashville citywide median of $2,600.
How quickly do rentals lease in Melrose?
Over the last 90 days, rentals in Melrose leased in an average of 16 days, with 13 active listings on the market right now.

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