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Average Rent in Downtown & Rent Trends

Rent prices and market trends across 10 apartment communities in Downtown, Nashville TN. Updated daily.

Market Average

$2,329

/month

▲ +3.1% from last month

Lowest Available

$894

Communities

10

Units Listed

244

Downtown vs Nashville TN Average

Downtown is the same price as the Nashville TN average . 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 $2,329 per month across 10 apartment communities and 244 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, a 1-bedroom averages $2,223/mo, a 2-bedroom averages $3,485/mo, a 3-bedroom averages $4,991/mo.

Prices range from $894 to $4,991 per month. The most common price point is the $2,000 range, where 36 units are currently listed.

Downtown Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Downtown

Studio
$1,546
from $894 · 61 units
1 Bed
$2,223
from $1,489 · 131 units
2 Bed
$3,485
from $2,461 · 51 units
3 Bed
$4,991
from $4,991 · 1 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 $2,268/mo 19 4.5
The Shay Apartments $1,447/mo $1,893/mo 16 4.5
Carillon Apartments $1,489/mo $1,757/mo 18 4.1
City View Apartments $1,607/mo $2,071/mo 10 4.6
Margaux Midtown $1,612/mo $2,077/mo 29 4.4
Alcove $1,740/mo $2,736/mo 68 4.3
Residences at Capitol View $1,883/mo $2,518/mo 43 4.6
The Burnham $2,310/mo $3,274/mo 21 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 $2,329 per month as of April 2026, based on 244 units across 10 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 $2,329/mo.
What is the cheapest apartment in Downtown?
The most affordable apartment in Downtown is Rutledge Flats with units starting at $894/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 244 units available across 10 apartment communities in Downtown.

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