Melrose-Waverly Rent Trends
Nashville, TN · September 2026 · Abode managed-community data (includes concession-adjusted effective rents)
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $1,704
- Effective rent
- $1,547
- Vs. Nashville median
- -16%
- Avg days to lease
- 40
- Active rentals now
- 96
Asking vs. effective rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$1,401
— YoY · as of September 2026
1 bedroom
$1,650
— YoY · as of September 2026
2 bedroom
$2,289
— YoY · as of September 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
Melrose-Waverly renting, answered
- What is the average rent in Melrose-Waverly?
- As of September 2026, the median asking rent in Melrose-Waverly is $1,704 per month, based on 224 leased listings. By size, the median is $1,650 for a 1 bedroom and $2,289 for a 2 bedroom.
- Is Melrose-Waverly more expensive than Nashville overall?
- Melrose-Waverly's median asking rent is 16% below the Nashville citywide median of $2,035.
- How quickly do rentals lease in Melrose-Waverly?
- Over the last 90 days, rentals in Melrose-Waverly leased in an average of 40 days, with 96 active listings on the market right now.
Beyond the numbers
Get to know Melrose-Waverly
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