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Nashville TN

Current market read
Renter’s market
ConditionSoft
RentersLandlords
The yearly data reads a renter's market, and the recent monthly signals are holding steady.
From public data. The situation now, not a forecast.
Renter Google Search InterestGOOGLE · MONTHLY
Rank
39of 43 metros
No change this month
See the full picture with Pro · $39/month

Attention, not a verdict. Google searches for apartments to rent.

Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Steady
Pulling both ways, asking rents are slipping and jobs are growing, as of Jun 2026.
Job growthBLS · MONTHLY
+1.6%
▲ Hiring, past 12 months
JUL ’25JUN ’26
See the 12-month trend with Pro
VacancyCENSUS · 2024
8.4%SOFT
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
-0.7%
▼ Year over year
Older annual rent growth, Census
NASHVILLE
+3.9%
US AVG
+4.7%
Median rentCENSUS · 2024
$1,627/mo
Typical rent, 2024 yearly count
20162024
See the multi-year trend with Pro
In the news · NashvilleNEWS · DAILY
Why PPR Capital Management launched a $100M BTR fund14D AGOPrimary construction completed at 458-unit Albion Music Row in Nashville14D AGONashville Multifamily Market Report – June 202636D AGO
Demand vs supplyCENSUS + BLS
Strong demand
DEMAND
SUPPLY
DEMAND
Jobs+1.6%
Migration+6.86/1k
SUPPLY
Permits+7.7%
Vacancy8.4%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,574/mo
Cheaper to rent than buying
$1,627
RENT
$3,201
OWN
Net migrationCENSUS · 2024
+6.86/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.