Average Rent in Nashville & Rent Price Trends
Considering a move to Nashville? Before you start apartment hunting, learn about the local rental market. Make sure you know the average rent in Nashville to get your budget started!
Average Rent in Nashville
- The average rent for a Nashville studio apartment is $1,764
- The average rent for a Nashville 1-bedroom apartment is $1,805
- The average rent for a Nashville 2-bedroom apartment is $2,251
Note: The data provided reflects our available units on Apartment List. For data that reflects the entire market, we recommend you visit our Rent Report, which is created based on our holistic methodology. You can also download the raw data containing rent estimates for hundreds of cities across the country.
Nashville Rent Trends: Rent Growth
Nashville rents have increased by 1.17% compared to last month, and are up by 21.49% compared to last year.
Nashville Rent Trends: Inventory by Average Apartment Rent
- 1% of apartments in Nashville cost less than $1,000 per month.
- 62% of apartments in Nashville cost between $1,000-$1,999 per month.
- 30% of apartments in Nashville cost between $2,000-$2,999 per month.
- 8% of apartments in Nashville cost over $3,000 per month.
Nashville Rent Trends: Inventory by Apartment Type
- 7% of apartments in Nashville are studio apartments.
- 48% of apartments in Nashville are 1-bedroom apartments.
- 34% of apartments in Nashville are 2-bedroom apartments.
- 10% of apartments in Nashville are 3-bedroom apartments.
What Salary Do You Need to Live in Nashville?
Using the 30% rule, we can give a rough estimate of the salary needed to rent an apartment in Nashville. If these numbers look high, remember that a roommate or two can drastically cut down your monthly rent!
- If you are renting an average priced studio apartment in Nashville, your annual salary should be around $70,560 or higher.
- If you are renting an average priced 1-bedroom apartment in Nashville, your annual salary should be around $72,200 or higher.
- If you are renting an average priced 2-bedroom apartment in Nashville, your annual salary should be around $90,040 or higher.
If you're considering renting in Nashville, be sure to learn more about the cost of living in Nashville.
Having trouble deciding how much rent you can afford? Try using a rent calculator.
Ready to make the move to Nashville? Start apartment hunting in Nashville with our quiz!