Average Rent in Nashville, TN by Area: 2025 Price Guide

How Much Does It Cost to Rent in Nashville in 2025?

Nashville's rental market shows continued growth in 2025, with average costs reflecting the city's booming economy and population increase. According to the U.S. Census Bureau, Nashville's median rent has risen steadily over the past few years as demand outpaces supply. The city's expanding job market and cultural attractions drive consistent housing demand across all price points.

The average rent for a one-bedroom apartment in Nashville currently sits at approximately $1,414 per month. Two-bedroom apartments average around $1,600 monthly, while studio apartments typically range from $1,300 to $1,400. These figures represent citywide averages, but actual costs depend heavily on location, amenities, and property age.

Year-over-year data from the Tennessee Housing Development Agency indicates rental prices increased by 4.2% from 2024 to 2025. The Nashville metropolitan area added over 30,000 new residents in 2024, creating sustained demand for rental housing across all price points.

What Affects Rent Prices in Nashville, Tennessee?

Several key factors determine how much you'll pay for rent in different Nashville neighborhoods. Understanding these variables helps you identify the best value for your housing budget. Market conditions, property characteristics, and location all play significant roles in determining monthly costs.

• Location and proximity to downtown: Properties within three miles of downtown Nashville typically cost more than comparable units in outer neighborhoods. Access to entertainment districts, restaurants, and cultural attractions drives premium pricing in central areas.
• Property type and age: Newly constructed luxury apartments with modern amenities command higher rents than older buildings. Properties built after 2020 often include features like smart home technology, fitness centers, and rooftop lounges that justify increased monthly costs.
• Amenities and building features: In-unit washers and dryers, parking spaces, pools, and pet-friendly policies significantly impact rental prices. Buildings offering these conveniences typically charge $100 to $300 more per month than basic units without these features.
• Neighborhood desirability and safety: Areas with low crime rates, highly rated schools, and walkable streets attract more renters and support higher prices. The Metro Nashville Police Department crime statistics show neighborhoods with lower incident rates consistently maintain premium rental values.
• Market demand and vacancy rates: According to the Nashville Area Chamber of Commerce, the city's current vacancy rate sits at 4.8%, indicating a tight rental market. Lower vacancy rates give landlords pricing power, while higher vacancies create opportunities for negotiation.

Average Rent in Downtown Nashville Neighborhoods

Downtown Nashville encompasses some of the city's most dynamic and expensive rental markets. These neighborhoods offer unparalleled access to entertainment, dining, and employment centers. Each area has distinct characteristics that appeal to different lifestyles and budgets.

The Gulch

The Gulch represents Nashville's premier luxury rental district with modern high-rise buildings and upscale amenities. This former industrial area has transformed into an urban playground for young professionals. The neighborhood's walkability makes it highly desirable for those seeking vibrant city living.

• Rental prices: One-bedroom apartments range from $2,100 to $2,500 monthly, while two-bedroom units cost between $3,200 and $3,500. 
• Notable landmarks: The area features popular destinations like Pins Mechanical Company, Adele's restaurant, and Station Inn music venue. Division Street serves as the main corridor connecting residents to shopping and dining options.
• Transportation access: Direct access to Interstate 40 and Interstate 65 makes commuting convenient for residents. The Gulch sits within walking distance of the Music City Center and downtown business district.
• Resident demographics: Young professionals, creatives, and empty nesters dominate the resident base. The neighborhood attracts people seeking walkable urban living with access to Nashville's entertainment scene.

SoBro (South of Broadway)

SoBro has transformed into a mixed-use district combining residential towers with entertainment venues and restaurants. This neighborhood sits at the heart of Nashville's tourism corridor while maintaining residential appeal. The area's energy attracts renters who embrace urban intensity.

• Rental costs: Studio apartments start at $2,100 monthly, one-bedrooms range from $2,400 to $2,800, and two-bedrooms cost between $2,800 and $4,200. Newer buildings command premium prices over older conversions due to modern finishes.
• Local attractions: Nissan Stadium, Bridgestone Arena, and the Johnny Cash Museum anchor the neighborhood's entertainment offerings. Demonbreun Street and Korean Veterans Boulevard provide the main thoroughfares through the district.
• Entertainment proximity: Residents enjoy immediate access to Broadway's honky-tonks and live music venues year-round. The pedestrian bridge to East Nashville offers scenic walking routes across the Cumberland River.
• Development growth: According to the Nashville Downtown Partnership, SoBro added 1,200 new residential units between 2023 and 2025. This construction boom increased housing options while maintaining strong rental demand.

Germantown

Germantown blends historic charm with modern urban living in renovated buildings and new construction developments. This neighborhood north of downtown preserves 19th-century architecture while accommodating contemporary residents. Tree-lined streets create a visual appeal that distinguishes Germantown from glass-tower districts.

• Average rents: One-bedroom apartments range from $1,893 to $2,500 monthly, while two-bedroom units cost between $2,673 and $3,000. Historic building conversions often include unique architectural features like exposed brick and original hardwood floors.
• Dining and culture: The neighborhood hosts acclaimed restaurants including Rolf and Daughters, City House, and Von Elrod's Beer Hall. Jefferson Street marks the historic corridor connecting Germantown to downtown Nashville.
• Residential character: Tree-lined streets, brick sidewalks, and preserved 19th-century architecture create neighborhood appeal. The area maintains a quieter atmosphere compared to other downtown districts while remaining highly walkable.
• School access: Germantown Elementary School serves families in the neighborhood with strong academic programs. Proximity to Vanderbilt University and Meharry Medical College attracts graduate students and medical professionals.

East Nashville

East Nashville has evolved into a creative hub offering more affordable downtown-adjacent rental options with distinctive neighborhood character. This area across the Cumberland River maintains an independent spirit with local businesses. The neighborhood's bohemian vibe attracts musicians and artists.

• Rental range: Studio apartments start at $1,400, one-bedrooms range from $1,849 to $2,300, and two-bedrooms cost between $2,400 and $3,200, according to RentCafe.com. Older bungalows converted to duplexes offer budget-friendly alternatives to apartment complexes.
• Cultural attractions: Five Points serves as the neighborhood epicenter with shops, restaurants, and live music venues. Main Street, Woodland Street, and Gallatin Pike form major corridors through East Nashville.
• Local favorites: Popular spots include Mas Tacos Por Favor, The Pharmacy Burger Parlor, and Three Brothers Coffee. Shelby Park and Shelby Bottoms Greenway provide extensive outdoor recreation space.
• Community vibe: Artists, musicians, and young families create the neighborhood's bohemian atmosphere. Weekly events like the East Nashville Farmers Market foster community connections among residents.

Music Row

Music Row combines Nashville's entertainment industry heritage with residential living near Vanderbilt University and hospitals. This neighborhood west of downtown houses the infrastructure that built Nashville's reputation as Music City. Residents live among recording studios and music businesses.

• Monthly costs: One-bedroom apartments range from $1,975 to $2,400, while two-bedrooms cost between $3,301 and $3,500, according to Apartments.com. Proximity to major employers, including Vanderbilt University Medical Center, supports consistent rental demand.
• Industry presence: Historic recording studios line 16th and 17th Avenues South, where countless country music hits were recorded. The neighborhood houses major record labels and music publishers.
• Medical district access: Vanderbilt University Medical Center and Saint Thomas Midtown Hospital employ thousands of workers within walking distance. Healthcare professionals frequently choose Music Row for convenient commuting.
• Dining options: Elliston Place Soda Shop, Rotier's Restaurant, and numerous coffee shops serve neighborhood residents. West End Avenue provides direct routes to downtown Nashville and surrounding neighborhoods.

Best Affordable Neighborhoods to Rent in Nashville

Finding affordable Nashville rentals requires knowing which neighborhoods offer the best combination of reasonable prices, safety, and access to amenities. These areas provide the most value for budget-conscious renters. Strategic neighborhood selection allows renters to save hundreds monthly.

• Antioch offers the lowest average rents: One-bedroom apartments start at $1,200 monthly with diverse dining and shopping along Murfreesboro Pike. Interstate 24 access enables 20-minute commutes to downtown Nashville during off-peak hours.
• Madison combines affordability with urban convenience: Rental prices range from $1,300 to $1,550 for one-bedrooms in this revitalizing neighborhood. New breweries like Tailgate Brewery and Southern Grist have opened alongside traditional establishments on Gallatin Pike.
• Hermitage provides suburban living at reasonable prices: One-bedroom apartments cost $1,250 to $1,500 with access to quality schools and parks. The neighborhood's location east of downtown along Interstate 40 facilitates easy commuting to multiple employment centers.
• Bordeaux delivers city living under $1,400 monthly: This north Nashville neighborhood has seen recent improvements while maintaining affordable rents. New restaurants and shops along Clarksville Pike signal ongoing revitalization efforts.
• Goodlettsville extends affordability beyond Nashville proper: One-bedroom rents starting at $1,100 monthly attract renters willing to live outside Davidson County. The separate municipality maintains its own identity while remaining part of the Nashville metro economy.

You can visit Apartments.com for more in-depth rental cost information, amenities, and cost of living in Nashville, Tennessee.