Real Estate Investing in Nashville, Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

29 ZIP codes • Population: 689,926 • Davidson County

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Should you buy in Nashville, TN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (55/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
2.9 / 5 (46/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.4% vacancy may signal weakening demand.

What’s happening in Nashville, TN?

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2.9/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $470,816
Avg Monthly Rent $1,948
ZIP Codes 29

Investing in Nashville Real Estate

This is a distressed-leaning corner of Tennessee: Nashville has 29 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

A 2.9 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Nashville is in that category.

Rent trends and price trends in Nashville are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Tennessee.

Nashville's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Nashville-Davidson--Murfreesboro--Franklin, TN

Nashville is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Nashville, TN. Anonymous, moderated, never written by AI.

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Property managers serving Davidson County

Manage rentals here? List your business →

All County Music City provides full-service residential property management in Nashville, TN, and surrounding areas, focusing on maximizing rental property investment returns. summary from their website

Single-family
Unclaimed — is this your business? Claim it free

ZoDev Design specializes in 3D architectural renderings and animations for commercial and residential architectural development projects. summary from their website

Unclaimed — is this your business? Claim it free

Elmington specializes in multifamily real estate development. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$470,816
Avg Monthly Rent
$1,948
1% Rule
✗ Below
Landlord Friendly (TN)

🎓 Colleges & Universities in Nashville

20 Colleges 53,390 Students 3,373 Off-Campus Renters
A
Vanderbilt University
4-Year Private · 13,456 students
C+
Tennessee College of Applied Technology Nashville
2-Year Public · 1,171 students
📍 ~990 students rent off-campus
C+
Lipscomb University
4-Year Private · 5,047 students
C+
Belmont University
4-Year Private · 8,862 students
C+
Tennessee State University
4-Year Public · 8,198 students
📍 ~229 students rent off-campus
C+
Fisk University
4-Year Private · 1,005 students
C+
American Baptist College
4-Year Private · 48 students
C+
Lincoln College of Technology-Nashville
2-Year For-Profit · 1,062 students
C+
The Salon Professional Academy-Nashville
Vocational For-Profit · 34 students
C
Nossi College of Art and Design
4-Year For-Profit · 278 students
C
Trevecca Nazarene University
4-Year Private · 3,196 students
C
Meharry Medical College
4-Year Private · 1,083 students
C
Nashville Film Institute
2-Year For-Profit · 33 students
C
Nashville State Community College
2-Year Public · 6,608 students
📍 ~2,154 students rent off-campus
C
SAE Institute of Technology-Nashville
4-Year For-Profit · 1,800 students
D
Herzing University-Nashville
4-Year Private · 75 students
D
Tennessee Board of Regents
2-Year Public · 0 students
D
Fortis Institute-Nashville
2-Year For-Profit · 392 students
D
Remington College-Nashville Campus
2-Year Private · 279 students
D
Galen Health Institutes-Nashville Campus
4-Year For-Profit · 763 students

Investor Insight: With 3,373 students living off-campus, Nashville has substantial rental demand from the college population — typically stable, lease-renewing tenants.

Neighborhoods in Nashville

ZIP Codes in Nashville, TN

37013
Home Value $358,203
Rent $1,567/mo
37211
Home Value $396,971
Rent $1,460/mo
37221
Home Value $504,293
Rent $1,646/mo
37115
Home Value $328,799
Rent $1,469/mo
37207
Home Value $374,536
Rent $1,943/mo
37209
Home Value $551,423
Rent $1,838/mo
37076
Home Value $404,208
Rent $1,498/mo
37217
Home Value $322,855
Rent $1,360/mo
37214
Home Value $365,928
Rent $1,607/mo
37206
Home Value $620,799
Rent $2,165/mo
37205
Home Value $1,085,560
Rent $2,242/mo
37138
Home Value $389,274
Rent $2,139/mo
37215
Home Value $1,201,583
Rent $2,398/mo
37203
Home Value $616,513
Rent $2,148/mo
37208
Home Value $457,656
Rent $2,120/mo
37212
Home Value $754,568
Rent $2,181/mo
37216
Home Value $503,686
Rent $2,132/mo
37210
Home Value $371,960
Rent $1,923/mo
37204
Home Value $998,546
Rent $1,861/mo
37218
Home Value $362,644
Rent $2,393/mo
37080
Home Value $411,434
Rent $1,188/mo
37220
Home Value $921,698
Rent $3,098/mo
37189
Home Value $400,234
Rent $1,950/mo
37228
Home Value $0
Rent $1,835/mo
37219
Home Value $452,902
Rent $2,199/mo
37201
Home Value $497,387
Rent $2,179/mo
37213
Home Value $0
37232
Home Value $0
37238
Home Value $0

Screen every ZIP in Nashville

Filter Nashville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Nashville, TN

Is housing expensive in Nashville, TN?

Typical homes in Nashville, TN go for around $471K. The 5-year CAGR of 0.0% steady price movement.

Is rental property easy to operate in Nashville, TN?

TN law landlord-friendly for landlords, and Nashville inherits those rules. Investors should still review local ordinances for rental licensing.

Is it easy to find good tenants in Nashville, TN?

Tenant quality in Nashville, TN ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,948/mo.

Is house hacking profitable in Nashville, TN?

For house hackers, Nashville, TN is a challenging. The $1,948/mo rent on a unit helps defray the mortgage on a $471K property.

What is the rental occupancy rate in Nashville, TN?

Expect elevated vacancy in Nashville, TN. Rents at $1,948/mo are absorbed by the tenant base without meaningful lag.

Community Ratings

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