Home Price Key
Affordable
Average
Expensive
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 $307,364, lower than the Nashville average of $313,471.
The average cost of rent is $1,680/mo in Downtown Nashville, primarily driven by the current value of real estate in the Downtown Nashville area. While nearly 55.50% of residents own their homes outright in Downtown Nashville, 69.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Nashville is $6,838 per month. Households that rent pay about 24.57% of their income on rent here. Downtown Nashville's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- The Gulch, Nashville, TN: higher priced homes
- Germantown, Nashville, TN: higher priced homes
- Fisk-Meharry, Nashville, TN: higher priced homes
- Historic Edgefield, Nashville, TN: higher priced homes
- Midtown-Nashville, Nashville, TN: higher priced homes
- McFerrin Park, Nashville, TN: equally priced homes
- Southside, Nashville, TN: equally priced 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: equally priced homes
- Boltons Landing, Charleston, SC: equally priced homes
- Broadacres Homes, Athens, GA: equally priced homes
- Centennial, Burlington, VT: higher priced homes
- Cleveland Heights, Lakeland, FL: less expensive homes
- Cloutier Court, Wilmington, DE: higher priced 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
All Local Stats
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