Real Estate Investing in Nashville, Tennessee (37013)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37013 (Nashville, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Nashville, TN (37013)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37013 Nashville
Stepping back, ZIP 37013 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $358K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $358K asset, 37013 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 37013 and stronger Nashville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 37013 ZIP's population of 102,055 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
The 37013 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Nashville:
Property Strategy for 37013
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $254,448 | $1,870 | 5.3% | +7.8% | $127,224 |
| 3BR | $352,829 | $2,390 | 4.9% | +7.2% | $117,610 |
| 4BR | $431,034 | $2,910 | 4.9% | +7.2% | $107,759 |
| 5BR | $470,802 | — | — | +7.3% | $94,160 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37013 Compare?
| Metric | 37013 | Nashville | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $358,203 | $470,816 | N/A | $327,001 |
| 5-Year CAGR | 4.2% | 4.4% | N/A | 7.7% |
| Avg Rent | $1,567 | $1,948 | N/A | - |
| Cap Rate | 3.4% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37013 (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
ZoDev Design specializes in 3D architectural renderings and animations for commercial and residential architectural development projects. summary from their website
Elmington specializes in multifamily real estate development. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $358,203 |
| Monthly Rent | $1,567 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | -1.1% ▼ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | +2.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37013
Population: 102,055
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37013
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the investability score for Nashville, TN?
With a 3.0/5 investability score, Nashville, TN ranks as a solid market for rental property investors. Median prices of $358K and rents of $1,567/mo drive the underlying numbers.
What is the average monthly rent in Nashville, TN?
Investors in Nashville, TN typically see rents near $1,567/mo per month against $358K home values - a solid setup for rental cash flow.
Are tenants stable in Nashville, TN?
The tenant pool in Nashville, TN is solid, supported by local employment and population fundamentals. Rents of $1,567/mo are well-absorbed by the market.
How do experienced investors play Nashville, TN?
For Nashville, TN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the typical vacancy rate in Nashville, TN?
Rental vacancy in Nashville, TN is elevated. Investors should budget normal turnover but not chronic empty units.
You know 37013 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37013 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37013 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
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