Antioch
More affordable SFRs, steady demand, better rent ratios.
Nashville, TN
Is Nashville a good place to buy rental property in 2026?
Short answer: yes — for balanced buy-and-hold. Nashville's median cap rate of about 5.8% (Nashville metro median) sits near the ~6.5% national median, with typical rent at $1,730–$2,211/mo and Tennessee property tax near 0.67%.
Nashville is a growth-market favorite — strong in-migration, a diversified economy (healthcare, music, tech), and no state income tax — though appreciation has compressed cap rates.
Nashville market snapshot
Balanced marketMid-range cap rates — cash flow and appreciation are both realistically on the table.
Typical cap rate
5.8%
Nashville metro median
Typical rent
$1,730–$2,211/mo
HUD FMR · 2–3BR · 2026
Typical price
$330,000–$450,000
est., all-in
Property tax
0.67%
Tennessee effective
Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.
Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.
Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026
Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.
What rents actually look like in Nashville
One number never tells the story — HUD publishes ZIP-level Small Area Fair Market Rents for the Nashville-Davidson--Murfreesboro--Franklin, TN metro area, the metro-wide FMR region that includes Nashville, and the spread across its ZIP codes is where deals are won or lost. Same purchase price, different ZIP, very different rent.
| ZIP code | 2BR rent | 3BR rent |
|---|---|---|
| 37069 | $2,600/mo | $3,320/mo |
| 37067 | $2,250/mo | $2,880/mo |
| 37153 | $1,920/mo | $2,450/mo |
| 37076 | $1,780/mo | $2,280/mo |
| 37232 | $1,770/mo | $2,260/mo |
| 37133 | $1,660/mo | $2,120/mo |
| 37210 | $1,580/mo | $2,020/mo |
| 37015 | $1,460/mo | $1,870/mo |
| 37012 | $1,320/mo | $1,660/mo |
| 37052 | $1,320/mo | $1,660/mo |
| 37165 | $1,320/mo | $1,660/mo |
| 37110 | $970/mo | $1,170/mo |
Showing 12 of 125 ZIP codes in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area — the HUD FMR region that includes Nashville — sampled highest to lowest across the rent range. Source: HUD FY2026 Small Area Fair Market Rents. TrueCap auto-fills the exact ZIP-level figure when you enter a Nashville address.
Why Nashville works for rental investors
Buy here for appreciation and rent growth, not day-one cash flow — many deals run thin until rents catch up. Best for investors with reserves and a longer hold.
See the full Tennessee investing guide — taxes, landlord law & top metros →
Neighborhoods to look at in Nashville
Madison
Value relative to the core, improving area, solid rentals.
East Nashville edges
Appreciation-led, younger renters, premium pricing.
Neighborhood notes are starting points, not recommendations — always underwrite the specific property.
Run a Nashville deal in 60 seconds
Paste a Nashville address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Tennessee tax and HUD rent so you start from the right assumptions.
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