Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Nashville-Davidson metropolitan government (balance), Tennessee?
City · Census ACS 5-Year estimates
The median gross rent in Nashville-Davidson metropolitan government (balance), Tennessee is $1,586/month (±$18), based on Census ACS 5-Year estimates (2024). The median home value is $413,600 (±$5,848), and the median household income is $77,371/year. The unemployment rate in Davidson County, Tennessee was 2.8% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Nashville-Davidson metropolitan government (balance), Tennessee
| Metric | Value |
|---|---|
| Median Gross Rent | $1,586 |
| Median Home Value | $413,600 |
| Median Household Income | $77,371 |
| Total Housing Units | 313,513 |
| Renter-Occupied Units | 149,179 |
| Renter-Occupied Share | 48% |
| Households Paying 50%+ Income | 36,425 households |
| Unemployment Rate(April 2026) | 2.8% |
How does Nashville-Davidson metropolitan government (balance), Tennessee compare?
Median gross rent ranked against all cities in Tennessee.
Higher rent than 92% of cities in Tennessee · 31th of 385
| # | City | Value |
|---|---|---|
| 1 | Belle Meade city | $3,501 |
| 1 | Forest Hills city | $3,501 |
| 3 | Brentwood city | $2,825 |
| … 27 more … | ||
| 31 | Nashville-Davidson metropolitan government (balance)(you are here) | $1,586 |
| … 351 more … | ||
| 383 | Jamestown city | $377 |
| 384 | Byrdstown town | $307 |
| 385 | Waynesboro city | $294 |
ZIP codes in Nashville-Davidson metropolitan government (balance)
37 ZIP codes overlap Nashville-Davidson metropolitan government (balance).
More data for Nashville-Davidson metropolitan government (balance), Tennessee
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Frequently asked questions
What is the average rent in Nashville-Davidson metropolitan government (balance), Tennessee?
The median gross rent in Nashville-Davidson metropolitan government (balance), Tennessee is $1,586/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Nashville-Davidson metropolitan government (balance), Tennessee?
The median rent for a 2-bedroom in Nashville-Davidson metropolitan government (balance), Tennessee is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Nashville-Davidson metropolitan government (balance), Tennessee?
The median home value in Nashville-Davidson metropolitan government (balance), Tennessee is $413,600 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Nashville-Davidson metropolitan government (balance) are rent-burdened?
In Nashville-Davidson metropolitan government (balance), Tennessee, 36,425 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Nashville-Davidson metropolitan government (balance), Tennessee?
The median household income in Nashville-Davidson metropolitan government (balance), Tennessee is $77,371/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,586 has a margin of error of ±$18. In very small areas, MOEs can be large relative to the estimate.
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