Nashville, TN

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Nashville short-term rental market based on reliable data.

Listings

8875 / 15970

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$45,361

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$436,519

Median Home Sale Price

Top Earners

$104,935

Top-Earners Revenue

Nashville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Nashville.

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C

Challenging to Investors

Nashville Regulations

STRs are technically permitted, but non‑owner‑occupied units are restricted to a narrow set of non‑residential zones, sharply limiting investable stock and raising acquisition costs. The permitting process is moderately expensive (~$313) and involves multiple steps, inspections, $1M insurance, and a strict three‑strike revocation rule with a one‑year reapplication ban, adding meaningful enforcement and operational risk for investors.

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About Nashville

Nashville is the capital of Tennessee and the seat of Davidson County, anchoring a metropolitan area of roughly two million residents with a city proper approaching 700,000. Set along the Cumberland River in the rolling hills of Middle Tennessee, the city is best known as Music City — a name earned through more than a century of songwriting, recording, and live performance that have made it the global center of country music and a significant hub for gospel, Americana, and contemporary Christian music. Its mix of honky-tonk nightlife, professional sports teams, university culture, and Southern food traditions gives it a vibrant, welcoming character that draws millions of visitors each year. Nashville sits roughly in the middle of the eastern United States, about 210 miles northeast of Memphis along I-40, with Louisville, Atlanta, and Knoxville all within a three- to four-hour drive.

No visit to Nashville is complete without time spent in the downtown entertainment district, where the historic Ryman Auditorium — the so-called "Mother Church of Country Music" — and the Country Music Hall of Fame and Museum anchor the city's musical heritage. The Ryman still hosts concerts beneath its stained-glass windows just steps from Lower Broadway, while the Hall of Fame, located near the Nashville Convention Center, traces the genre from its nineteenth-century roots to modern stars. To the east of downtown, the Grand Ole Opry House continues the long-running radio show's tradition in a modern venue about fifteen to twenty minutes from the city center.

About twelve miles east of downtown, Andrew Jackson's Hermitage preserves the plantation home of the seventh U.S. president, with the original mansion, restored gardens, and the president's tomb drawing visitors interested in early American history. The grounds offer a quieter, tree-shaded counterpoint to the busy music districts and are typically reached in a twenty- to twenty-five-minute drive.

For outdoor recreation close to the urban core, Radnor Lake State Park lies just south of the city, with about six miles of hiking trails circling a roughly 1,300-acre natural lake and surrounding forest. It is a popular spot for wildlife watching — herons, otters, and white-tailed deer are common — and is reachable in roughly fifteen minutes from downtown. Further out, Percy Priest Lake spreads to the east and southeast, providing boating, fishing, and lakeside rentals within about a thirty-minute drive of the city.

Nashville's combination of a year-round events calendar, walkable entertainment districts, and easy access to historic sites and outdoor escapes makes it a particularly strong market for short-term rentals. Visitors come for weddings at the Hermitage and Cheekwood, bachelor and bachelorette parties on Broadway, music industry business, SEC sports weekends, and the steady flow of tourists exploring Tennessee, and the city's central location means guests can comfortably pair a Nashville stay with day trips to the Great Smoky Mountains, Mammoth Cave in Kentucky, or the bourbon trails of nearby Kentucky.

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