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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

$2,223

/month

▲ +3.1% from last month

Lowest Available

$1,489

Communities

8

Units Listed

131

Downtown vs Nashville TN Average

Downtown is cheaper the Nashville TN average by $106/mo (5%). 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 $2,223 per month across 8 apartment communities and 131 available units. Rents have increased $61 (3.1%) over the past month.

The most affordable option is Carillon Apartments starting at $1,489/mo. By unit type, a 1-bedroom averages $2,223/mo.

Prices range from $1,489 to $3,230 per month. The most common price point is the $2,000 range, where 30 units are currently listed.

Downtown Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Downtown

1 Bed
$2,223
from $1,489 · 131 units

Rent Prices by Apartment in Downtown

Property Starting at Average Units Rating
Carillon Apartments $1,489/mo $1,757/mo 18 4.1
City View Apartments $1,607/mo $1,809/mo 8 4.6
The Shay Apartments $1,700/mo $2,019/mo 12 4.5
Alcove $1,780/mo $2,422/mo 39 4.3
Margaux Midtown $1,854/mo $2,007/mo 13 4.4
The Guthrie North Gulch $1,906/mo $2,009/mo 6 4.5
Residences at Capitol View $2,153/mo $2,327/mo 24 4.6
The Burnham $2,885/mo $2,952/mo 11 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 $2,223 per month as of April 2026, based on 131 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 $2,223/mo.
What is the cheapest apartment in Downtown?
The most affordable apartment in Downtown is Carillon Apartments with units starting at $1,489/mo.
How much is a 1-bedroom apartment in Downtown?
A 1-bedroom apartment in Downtown averages $2,223/mo, with prices starting at $1,489/mo across 131 available units.
How many apartments are available in Downtown?
There are 131 units available across 8 apartment communities in Downtown.

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