The Zumper Nashville Metro Report analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Tennessee one bedroom median rent was $1,168 last month.
The Most Expensive
- Franklin ranked as the most expensive city with one-bedrooms priced at $1,710.
- Nashville was the second priciest with rent at $1,590.
- Spring Hill ranked as third with rent at $1,380.
The Least Expensive
- Clarksville was the most affordable city with one-bedrooms priced at $970.
- Hendersonville ranked as the second least expensive with rent at $1,190.
- Gallatin was third with rent at $1,230.
The Largest Decline (Y/Y%)
- Hendersonville had the largest annual rent price decline, falling 7%.
- Nashville was second with rent declining 4.8%.
- Spring Hill was third with rent decreasing 3.5%.
The Largest Decline (M/M%)
- Hendersonville had the largest monthly rent price decline, down 5.6%.
- Franklin was second with rent dropping 2.3%.
- Nashville ranked as third with rent decreasing 0.6% last month.
About
The Zumper Nashville Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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