Renting in Nashville costs about $2,150 a month, and the typical home is listed at $469,000. That puts the price-to-rent ratio at 18.2: a typical home costs as much as 18.2 years of rent.
Nashville now and in 2031
| Now | 2031 (projected) | |
|---|---|---|
| Typical asking rent | $2,150/mo | $2,040/mo |
| Typical list price | $469,000 | $547,000 |
| Price-to-rent ratio | 18.2 | — |
Rent is projected at -1.0% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (-4.7%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+8.7% a year). These are trends carried forward, not predictions of the next market turn.
How to read the price-to-rent ratio
The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.
By ZIP code
| ZIP | Median rent | Rental listings | Median list price | Sale listings |
|---|---|---|---|---|
| 37013 | $2,125/mo | 401 | $365,000 | 553 |
| 37211 | $1,899/mo | 301 | $457,000 | 581 |
| 37221 | $2,250/mo | 115 | $499,000 | 394 |
| 37115 | $1,795/mo | 215 | $364,900 | 350 |
| 37207 | $2,280/mo | 266 | $470,000 | 596 |
| 37209 | $2,500/mo | 328 | $609,000 | 633 |
What this doesn't account for
Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.
Source: RentCast market data for 6 of Nashville's 25 ZIP codes (the most populous, home to 51% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
How much is rent in Nashville, TN?
Typical asking rent is $2,150 a month, across 1,626 active rental listings in 6 ZIP codes.
How much do homes cost in Nashville, TN?
The typical list price is $469,000, across 3,107 active sale listings in 6 ZIP codes. List prices are asking prices, not final sale prices.
What is the price-to-rent ratio in Nashville, TN?
About 18.2: the typical list price equals 18.2 years of typical rent. The higher the ratio, the more buying costs relative to renting.