The Most Affordable Neighborhoods in Midtown-Nashville, Nashville, TN by Home Value

 

Midtown-Nashville, Nashville, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Midtown-Nashville area can be challenging. Home prices in Midtown-Nashville are now at a median cost of $545,572, higher than the Nashville average of $464,644.

The average cost of rent is $2,033/mo in Midtown-Nashville, primarily driven by the current value of real estate in the Midtown-Nashville area. In Midtown-Nashville, 84.64% of households rent, and 55.65% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Midtown-Nashville is $7,165 per month. Households that rent pay about 28.37% of their income on rent here. Midtown-Nashville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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