Melrose-Waverly 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
- $1,670
- Effective rent
- $1,602
- Vs. Nashville median
- -33%
- Avg days to lease
- 30
- Active rentals now
- 97
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,436
— YoY · as of July 2026
1 bedroom
$1,670
+4.6% YoY · as of July 2026
2 bedroom
$2,232
+5.9% 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
Melrose-Waverly renting, answered
- What is the average rent in Melrose-Waverly?
- As of July 2026, the median asking rent in Melrose-Waverly is $1,670 per month, based on 110 leased listings. By size, the median is $1,670 for a 1 bedroom and $2,232 for a 2 bedroom.
- Are rents in Melrose-Waverly going up or down?
- Median asking rent in Melrose-Waverly is up 4.6% compared with a year ago.
- Is Melrose-Waverly more expensive than Nashville overall?
- Melrose-Waverly's median asking rent is 33% below the Nashville citywide median of $2,500.
- How quickly do rentals lease in Melrose-Waverly?
- Over the last 90 days, rentals in Melrose-Waverly leased in an average of 30 days, with 97 active listings on the market right now.
Beyond the numbers
Get to know Melrose-Waverly
Restaurants, parks, transit, and what living here actually feels like — in our full neighborhood guide.
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