Nashville city: Median Gross Rent Trend
How Nashville city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$497
2023
$698
Total change
+$201
% change
+40.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $497 | — |
| 2019 | $539 | +$42 (8.5%) |
| 2020 | $655 | +$116 (21.5%) |
| 2021 | $677 | +$22 (3.4%) |
| 2022 | $733 | +$56 (8.3%) |
| 2023 | $698 | $35 (-4.8%) |