Nashville among housing markets with rent price declines as other TN cities increase, report says

What This Story Is About

  • A rental report places Nashville among the markets with the largest year-over-year rent declines, while Gallatin and Cookeville saw increases of at least 16%.

Why It Matters

  • Rent trends vary across Tennessee: The statewide median for a one-bedroom rental was $1,142 last month, according to the report.

Catch Up

NASHVILLE, Tenn. (WSMV) – Nashville was among the markets leading year-over-year rent declines, according to a new rental report, while two other Tennessee cities saw increases of at least 16%.

Gallatin and Cookeville had the fastest-growing rents among the markets highlighted. Hopkinsville, Kentucky, and Nashville led in annual declines…

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