TN • Market Analysis
Nashville Real Estate Investment Analysis
Nashville's healthcare, music, and corporate-relocation economy has produced one of the most consistent appreciation curves in the country.
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Median Home Price
$475,000
Median Rent
$2,300
per month
Avg Cap Rate
5.20%
5-Yr Appreciation
75%
Rental Yield
5.80%
Population Growth
1.70%
Job Growth
3.10%
Vacancy Rate
5.80%
Investor pros
- No state income tax
- Healthcare HQ concentration
- Strong STR demand
Investor cons
- STR permits restricted in core
- Compressed cap rates
- Rising insurance
Commentary
Nashville is best for hybrid appreciation + STR plays in permitted zones. Underwrite as long-term-rental if STR permitting is uncertain.
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