2026 Affordability Data
Most Affordable Neighborhoods in Nashville - 2026 Data
The median home value in Nashville is $365,000, 29% above nat'l avg. Median rent is $2,078/month. With an affordability index of 125, Nashville is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Nashville, TN area.
Key Takeaways: Affordability in Nashville
- 1The most affordable neighborhood in Nashville is The Gulch, with a median home value of $475,000.
- 2Nashville's median home value is $365,000, 29% above nat'l avg (national: $281,900).
- 3Nashville's affordability index is 125 (baseline 100), making it more affordable than the national average.
- 4Median rent in Nashville is $2,078/month, 79% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Nashville to find the most affordable areas based on home values, rent, and affordability index.
Nashville Affordability Overview
Median Home Value
$365,000
29% above nat'l avg
Median Rent
$2,078/mo
79% above nat'l avg
Median Income
$59,828
20% below nat'l avg
Affordability Index
125
25% above nat'l avg
Most Affordable Neighborhoods in Nashville (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | The GulchNashville, TN | $475,000 |
| 2 | Germantown NashvilleNashville, TN | $550,000 |
| 3 | East NashvilleNashville, TN | $425,000 |
| 4 | 12 SouthNashville, TN | $650,000 |
| 5 | MemphisTN | $135,000 |
| 6 | ColliervilleTN | $409,000 |
| 7 | BrownsvilleTN | $108,300 |
| 8 | JacksonTN | $169,300 |
| 9 | KingsportTN | $181,600 |
| 10 | Spring HillTN | $389,800 |
| 11 | FranklinTN | $574,000 |
| 12 | NolensvilleTN | $601,900 |
| 13 | AlcoaTN | $216,100 |
| 14 | ArlingtonTN | $338,900 |
| 15 | ManchesterTN | $202,200 |
Detailed Neighborhood Profiles
Home Value: $475,000
Rent: $1,945/mo
Affordability: 83
Population: 8,000
Walk Score: 77/100
Home Value: $550,000
Rent: $1,862/mo
Affordability: 81
Population: 6,000
Walk Score: 61/100
Home Value: $425,000
Rent: $1,614/mo
Affordability: 77
Population: 35,000
Walk Score: 92/100
4
Home Value: $650,000
Rent: $1,790/mo
Affordability: 58
Population: 5,000
Walk Score: 82/100
5
Home Value: $135,000
Rent: $1,416/mo
Affordability: 148
Population: 633,104
Walk Score: 89/100
6
Home Value: $409,000
Rent: $1,363/mo
Affordability: 102
Population: 51,170
Walk Score: 0/100
7
Home Value: $108,300
Rent: $1,363/mo
Affordability: 102
Population: 9,739
Walk Score: 0/100
8
Home Value: $169,300
Rent: $1,363/mo
Affordability: 102
Population: 67,993
Walk Score: 0/100
9
Home Value: $181,600
Rent: $1,363/mo
Affordability: 102
Population: 55,415
Walk Score: 0/100
10
Home Value: $389,800
Rent: $1,363/mo
Affordability: 102
Population: 51,319
Walk Score: 0/100
11
Home Value: $574,000
Rent: $1,363/mo
Affordability: 102
Population: 83,630
Walk Score: 0/100
12
Home Value: $601,900
Rent: $1,363/mo
Affordability: 102
Population: 14,444
Walk Score: 0/100
13
Home Value: $216,100
Rent: $1,363/mo
Affordability: 102
Population: 11,095
Walk Score: 0/100
14
Home Value: $338,900
Rent: $1,363/mo
Affordability: 102
Population: 14,342
Walk Score: 0/100
15
Home Value: $202,200
Rent: $1,363/mo
Affordability: 102
Population: 12,325
Walk Score: 0/100
Frequently Asked Questions About Affordability in Nashville
What is the most affordable neighborhood in Nashville, TN?▾
Based on 2026 data, The Gulch is the most affordable neighborhood in Nashville with a median home value of $475,000. Kurby analyzed 15 neighborhoods in the Nashville area to compile these rankings.
What is the median home price in Nashville, TN?▾
The median home price in Nashville is $365,000, which is 29% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Nashville affordable compared to the national average?▾
Nashville has an affordability index of 125, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Nashville, TN?▾
The median monthly rent in Nashville is $2,078. This is 79% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Nashville?▾
The median household income in Nashville is $59,828 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Nashville are below the national average home price?▾
6 out of 15 ranked neighborhoods in Nashville have a median home value below the national average of $281,900. The most affordable is Memphis at $135,000 (Source: Kurby, 2026).