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
$548
2023
$684
Total change
+$136
% change
+24.8%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $548 | — |
| 2019 | $590 | +$42 (7.7%) |
| 2020 | $644 | +$54 (9.2%) |
| 2021 | $657 | +$13 (2%) |
| 2022 | $613 | $44 (-6.7%) |
| 2023 | $684 | +$71 (11.6%) |