Rent prices continue to rise in Nashville

Nashville 2019

Rent prices continue to rise in Nashville and as more people move here, they’re looking for a place to live, which is driving up rent. 

The average apartment rent over the past 6 months in Nashville has increased by $54. 

The newest data from Rent Jungle shows that as of December 2018, the average rent for an apartment in Nashville, TN is $1399. That’s a 2.72% increase from the same time last year when the average rent was $1361. It’s a 0.71% increase from last month when the average rent was $1389.  

One-bedroom apartments in Nashville rent for $1257 a month on average. That’s 3.42% more than renters were paying last year. If you’re looking for a two-bedroom apartment, you’re going to pay about 4.95% more this year than you would have paid last year. Rents now average $1536. 

Right now, you’ll find the highest rent prices in Green Hills, and some of the lowest in Salemtown, just west of the Cumberland near Germantown.  

In 2011, you could rent a one-bedroom apartment in Nashville for $691 and a two bedroom for $825.

Nashville Average Rent By Neighborhood

NeighborhoodRent
Green Hills2,129
Brandywine Farms2,017
Germantown1,844
Hillsboro West End1,770
Melrose1,711
Edgehill1,691
Stadium Area1,642
Eastwood1,433
Southeast1,390
Whites Bend1,234
Talbot’s Corner1,065
McMurray-Huntingdon1,010
Glencliff1,003
White Bridge893
Heron Walk876
Cumberland Gardens848
CCSI-South Inglewood796
Hadley Park694
Salemtown690

You can read more by clicking here.

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