445 Park Commons
445 Benton Ave,
Nashville, TN 37204
Studio - 2 Beds | $1,299 - $2,899
Rental Market Trends in Nashville, TN
What is the average rent in Nashville, TN?
$1,662/month
Average Rent
712 Sq Ft
Average Apartment Size
-1.3%
Decrease in the Last Year
As of January 2025, the average rent in Nashville, TN is $1,662 per month. For comparison, the national average rent price in the US is currently $1,554/month, which means Nashville rent prices are 7% higher than the national average. When you rent an apartment in Nashville, you can expect to pay about $1,545 per month for a studio, $1,662 for a one-bedroom apartment, and around $2,001 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,312 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Nashville, TN?
In the past year, rent has decreased by 1.3%, which averages out to $21 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Nashville, TN
Last Updated January 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
5%
$700 - $1,000/month
37%
$1,001 - $1,500/month
35%
$1,501 - $2,000/month
22%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Nashville?
Based on current rent prices, Southeast Nashville, Bellevue and West Meade are the most affordable neighborhoods in Nashville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Nashville?
Based on current rent prices, Green Hills, SoBro and The Gulch are the most expensive neighborhoods in Nashville.
Neighborhood
Average Rent
Average Sq Ft
Which Nashville neighborhoods have the most rentals available?
The neighborhoods in Nashville with the most apartments available are Downtown Nashville, East Bank and Southeast Nashville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Nashville, TN?
Because the average rent in Nashville is $1,662, you’ll want to make about $5,540 per month or $66,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Nashville, TN compare to other nearby cities and neighborhoods?
Use the tool below to compare Nashville, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,181/month
$1,555/month
One Bedroom
$1,242/month
$1,446/month
Two Bedroom
$1,532/month
$1,672/month
Three Bedroom
$1,970/month
$2,013/month
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.