What is the rental vacancy rate in Nashville, TN?

The rental vacancy rate in Nashville, TN is 7.2% (±0.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.0% (±0.2 points).

31,281 (±1,639) homes, 9.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Nashville, the rental vacancy rate went from 7.0% in 2015–2019 to 7.2% in 2020–2024 (+0.2 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
7.2% (±0.8 points)
Homeowner vacancy rate
1.0% (±0.2 points)
Vacant homes
31,281 (±1,639)

Vacancy in Nashville against Davidson County, its state and the nation

Estimate (90% margin of error)
NashvilleDavidson CountyTennesseeUnited States
Rental vacancy rate7.2% (±0.8 points)7.2% (±0.8 points)6.1% (±0.3 points)5.5%
Homeowner vacancy rate1.0% (±0.2 points)1.0% (±0.2 points)0.9% (±0.1 points)0.9%
Vacant housing units31,281 (±1,639)32,206 (±1,711)319,393 (±6,990)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Nashville, the rental vacancy rate is not measurably different from Davidson County (7.2%).

It is also higher than in Tennessee (6.1%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Nashville

Nearest places with a published estimate, compared with Nashville
PlaceDistanceRental vacancy rateCompared with this place
Nashville—7.2% (±0.8 points)—
Berry Hill3.7 mi15.5% (±9.5 points)Not measurably different
Belle Meade6.4 mi0.0% (±64.8 points)Not measurably different
Oak Hill7.2 mi0.0% (±36.4 points)Not measurably different
Forest Hills7.6 mi0.0% (±47.1 points)Not measurably different
Goodlettsville12 mi7.1% (±5.4 points)Not measurably different
Brentwood12 mi15.2% (±7.3 points)Higher
Green Hill13 mi6.2% (±11.3 points)Not measurably different
Hendersonville14 mi4.5% (±2.7 points)Not measurably different

Nearby places with a measurably higher figure: Brentwood, TN (15.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Davidson County, place by place

RankPlaceRental vacancy rate
1Berry Hill15.5% (±9.5 points)
2Nashville7.2% (±0.8 points)
3Goodlettsville7.1% (±5.4 points)
4 (tie)Belle Meade0.0% (±64.8 points)
4 (tie)Forest Hills0.0% (±47.1 points)
4 (tie)Oak Hill0.0% (±36.4 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Nashville

Is it hard to find a rental in Nashville?

The rental vacancy rate in Nashville, TN is 7.2% (±0.8 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Nashville tighter than it was?

In Nashville, the rental vacancy rate went from 7.0% in 2015–2019 to 7.2% in 2020–2024 (+0.2 percentage points), not a measurable change.

How many homes are vacant in Nashville?

An estimated 31,281 (±1,639) housing units, 9.1% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Nashville-Davidson metropolitan government (balance), Tennessee (place:52006, in state:47).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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