Property Prices in Nashville, TN, United States

Index Info
Price to Income Ratio: 6.03
Mortgage as Percentage of Income: 52.12%
Loan Affordability Index: 1.92
Price to Rent Ratio - City Centre: 16.80
Price to Rent Ratio - Outside of Centre: 8.84
Gross Rental Yield (City Centre): 5.95%
Gross Rental Yield (Outside of Centre): 11.31%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $1,907.00 1,500.00-2,400.00
1 Bedroom Apartment Outside of City Centre $1,398.22 1,250.00-1,900.00
3 Bedroom Apartment in City Centre $4,435.00 3,500.00-4,870.00
3 Bedroom Apartment Outside of City Centre $2,465.00 1,970.00-3,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre $7,910.00 7,910.00-7,910.00
Price per Square Meter to Buy Apartment Outside of Centre $2,672.22 2,630.00-2,820.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) $4,387.59
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.07 5.99-6.20

These data are based on 115 entries from 25 contributors over the past 18 months.
Last update: 15 May 2026

Sources and References
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