10 Apartments under 700 for rent in Nashville, TN

Last updated November 23 at 2:52am UTC
Results within 10 miles of Nashville, TN
2915 Richland Richardson Rd
Murfreesboro
Murfreesboro, TN
Updated November 23 at 1:39am UTC
1 Bedroom
$650
Results within 20 miles of Nashville, TN
517B Dawson Ln
Lebanon
Lebanon, TN
Updated November 22 at 2:13am UTC
2 Bedrooms
$685
101 E Gray St
Gallatin
Gallatin, TN
Updated November 21 at 10:03am UTC
1 Bedroom
$650
1425 Hatter Rd
Franklin
Franklin, KY
Updated October 28 at 6:59pm UTC
Studio
$225
914D Ewing Blvd.
Murfreesboro
Murfreesboro, TN
Updated November 21 at 9:57am UTC
1 Bedroom
$625
1512 Batts Blvd
Springfield
Springfield, TN
Updated November 10 at 2:02am UTC
1 Bedroom
$500
383 N Water Ave
Gallatin
Gallatin, TN
Updated November 21 at 10:03am UTC
1 Bedroom
$650
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List detective logo

Zoom in to see more.

Trying to get a feel for the larger area? No problem.
When you're ready, zoom in again to see pins and listings.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

November 2017 Nashville Rent Report

Welcome to the November 2017 Nashville Rent Report. Nashville rents declined over the past month. In this report, we'll evaluate trends in the Nashville rental market, including comparisons to similar cities nationwide.

View full Nashville Rent Report
Rent Report
Nashville

November 2017 Nashville Rent Report

Welcome to the November 2017 Nashville Rent Report. Nashville rents declined over the past month. In this report, we'll evaluate trends in the Nashville rental market, including comparisons to similar cities nationwide.

Nashville rents declined significantly over the past month

Nashville rents have declined 0.4% over the past month, and have decreased slightly by 0.1% in comparison to the same time last year. Currently, median rents in Nashville stand at $920 for a one-bedroom apartment and $1,130 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in August. Nashville's year-over-year rent growth lags the state average of 1.9%, as well as the national average of 2.7%.

Nashville rents more affordable than many comparable cities nationwide

As rents have fallen slightly in Nashville, many other large cities nationwide have seen prices increase, in some cases substantially. Nashville is also more affordable than most similar cities across the country.

  • Nashville's median two-bedroom rent of $1,130 is slightly below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 0.1% decline in Nashville.
  • While rents in Nashville fell slightly over the past year, many cities nationwide saw increases, including Seattle (+4.2%), Phoenix (+4.1%), and Dallas (+2.6%).
  • Renters will find more reasonable prices in Nashville than most other large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Nashville.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.