Melrose-Waverly 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
- $1,664
- Effective rent
- $1,463
- Vs. Nashville median
- -15%
- Avg days to lease
- 34
- Active rentals now
- 126
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,332
— YoY · as of October 2026
1 bedroom
$1,650
— YoY · as of October 2026
2 bedroom
$2,134
— 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
Melrose-Waverly renting, answered
- What is the average rent in Melrose-Waverly?
- As of October 2026, the median asking rent in Melrose-Waverly is $1,664 per month, based on 210 leased listings. By size, the median is $1,650 for a 1 bedroom and $2,134 for a 2 bedroom.
- Is Melrose-Waverly more expensive than Nashville overall?
- Melrose-Waverly's median asking rent is 15% below the Nashville citywide median of $1,968.
- How quickly do rentals lease in Melrose-Waverly?
- Over the last 90 days, rentals in Melrose-Waverly leased in an average of 34 days, with 126 active listings on the market right now.
Beyond the numbers
Get to know Melrose-Waverly
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