Tennessee · 165 census tracts
Nashville.
This Nashville housing market report covers about 342,900 homes across 165 census tracts. It gives investors tract-level context on rent growth, home price growth, property tax and insurance cost assumptions, vacancy, and neighborhood variation. PriceDNA location scores range from 68 to 99, with a median of 82.0. Median household income is $73,992.
- Approximate homes
- 342,900 across 165 assigned tracts
- Renter-occupied
- 48% of occupied homes
Location score distribution
How location scores vary across 165 census tracts in Nashville.
Half of Nashville's tracts score between 77 and 86. The full range spans 68 to 99, with a median of 82.0.
What the location score shows
PriceDNA Location Score™ is a 0–100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.
The distribution matters because a city is rarely one market. The spread across Nashville's census tracts shows why investors should look below the city average before deciding where a property fits.
To see the location score for your specific property, analyze a property
Housing composition
Key housing statistics for approximately 342,900 homes in Nashville, including occupancy, tenure, and structure type.
Of about 342,900 homes, 9.1% are vacant. Among occupied homes, 48% are renter-occupied, providing context on the size of the local rental base.
By structure type, about 58% of Nashville’s housing units are in single-family structures, 7% in small multifamily buildings (2–4 units), and 33% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.
How Nashville compares
City medians are useful, but investors need context. This table compares Nashville's local range with Tennessee and U.S. medians so you can quickly see where the market looks stronger, weaker, or more expensive than broader benchmarks.
| Metric | Nashville — lower · median · upper Nashville | Tennessee TN | United States US |
|---|---|---|---|
|
Census ACS B19013 · 2020–2024
|
$61,725 $73,992 $91,376 | $64,675 | $77,173 |
|
College educated
Census ACS B15003 · 2020–2024
|
39% 52% 68% | 34% | 41% |
|
Renter-age share (21–44)
Census ACS B01001 · 2020–2024
|
36% 42% 47% | 31% | 32% |
|
FHFA HPI · 2025
|
5.2% 5.3% 5.3% | 6.2% | 5.2% |
|
Census ACS B25064 · 2020–2024
|
6.0% 6.5% 7.0% | 4.8% | 4.4% |
|
Property tax rate
Census ACS B25103 · 2020–2024
|
0.93% 0.93% 0.93% | 0.93% | 1.52% |
|
Property insurance rate
Census ACS B25141 · 2020–2024
|
0.37% 0.43% 0.50% | 0.62% | 0.56% |
|
Census ACS B25064 + B19013 · 2020–2024
|
28.9% 31.8% 34.9% | 29.0% | 30.8% |
About this data
PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.
Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.
The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.
These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.
You've seen the city. Now run a real address.
Market context is useful. The real decision happens at the property level.