Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Downtown Nashville area can be challenging. Home prices in Downtown Nashville are now at a median cost of $620,349, higher than the Nashville average of $464,644.
The average cost of rent is $2,168/mo in Downtown Nashville, primarily driven by the current value of real estate in the Downtown Nashville area. In Downtown Nashville, 78.19% of households rent, and 58.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Nashville is $8,714 per month. Households that rent pay about 24.87% of their income on rent here. Downtown Nashville’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- The Gulch, Nashville, TN: less expensive homes
- Germantown, Nashville, TN: higher priced homes
- Fisk-Meharry, Nashville, TN: less expensive homes
- Historic Edgefield, Nashville, TN: equally priced homes
- Midtown-Nashville, Nashville, TN: less expensive homes
- McFerrin Park, Nashville, TN: less expensive homes
- Southside, Nashville, TN: less expensive homes
- Edgehill, Nashville, TN: higher priced homes
- Vanderbilt-West End, Nashville, TN: higher priced homes
- Lockeland Springs, Nashville, TN: higher priced homes
Neighborhoods with Similar Populations
- Highland Park, Aurora, CO: less expensive homes
- Boltons Landing, Charleston, SC: less expensive homes
- Broadacres Homes, Athens, GA: less expensive homes
- Centennial, Burlington, VT: equally priced homes
- Cleveland Heights, Lakeland, FL: less expensive homes
- Cloutier Court, Wilmington, DE: less expensive homes
- Willamette, Albany, OR: less expensive homes
- White Caps, Kenosha, WI: less expensive homes
- Garden Home-Raleigh Hills, Portland, OR: higher priced homes
- Hawaiian Acres, Keaau, HI: less expensive homes
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