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Average Rent in Downtown & Rent Trends

Rent prices and market trends across 8 apartment communities in Downtown, Nashville TN. Updated daily.

Market Average

$1,546

/month

▲ +3.1% from last month

Lowest Available

$894

Communities

8

Units Listed

61

Downtown vs Nashville TN Average

Downtown is cheaper the Nashville TN average by $783/mo (34%). The citywide average is $2,329/mo across all neighborhoods.

Is Rent Going Up or Down in Downtown?

As of April 2026, the average rent in Downtown is $1,546 per month across 8 apartment communities and 61 available units. Rents have increased $61 (3.1%) over the past month.

The most affordable option is Rutledge Flats starting at $894/mo. By unit type, a studio averages $1,546/mo.

Prices range from $894 to $2,500 per month. The most common price point is the $800 range, where 16 units are currently listed.

Downtown Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Downtown

Studio
$1,546
from $894 · 61 units

Rent Prices by Apartment in Downtown

Property Starting at Average Units Rating
Rutledge Flats $894/mo $970/mo 12 4.6
Martin Flats $900/mo $952/mo 8 4.2
The Guthrie North Gulch $1,439/mo $1,531/mo 5 4.5
The Shay Apartments $1,447/mo $1,516/mo 4 4.5
Margaux Midtown $1,612/mo $1,671/mo 10 4.4
Alcove $1,740/mo $1,949/mo 8 4.3
Residences at Capitol View $1,883/mo $1,948/mo 10 4.6
The Burnham $2,310/mo $2,382/mo 4 3.8

Google Search Trends for Downtown Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Downtown

What is the average rent in Downtown?
The average rent in Downtown is $1,546 per month as of April 2026, based on 61 units across 8 apartment communities.
Is rent going up or down in Downtown?
Rent in Downtown has increased $61 (3.1%) over the past month. The current average is $1,546/mo.
What is the cheapest apartment in Downtown?
The most affordable apartment in Downtown is Rutledge Flats with units starting at $894/mo.
How many apartments are available in Downtown?
There are 61 units available across 8 apartment communities in Downtown.

Explore Downtown Apartments

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