Nashville is the 35th largest multifamily market with 145,427 completed units and 82,686 units in development, 17,721 of which have already broken ground, as of December 2021.
Nashville Multifamily Market Summary – December 2021
New lease asking rents are at $1,523, up 17.3%▲
from the previous year placing Nashville at 23rd
overall in year-over-year rent growth.