Matrix Multifamily Nashville Report-June 2025

Market Overview

Nashville's multifamily market is navigating the aftermath of a recent delivery peak, with occupancy dropping to 93.6 percent in March—the lowest level in more than a decade. Despite this pressure, advertised asking rents rose 0.2 percent on a trailing three-month basis through April, reaching $1,656.

About Yardi Matrix

Yardi Matrix is a leading provider of commercial real estate data and analytics across multifamily, student housing, self-storage, and other asset classes. Their metro-level multifamily reports deliver timely insights on rent trends, occupancy, development pipelines, and market fundamentals to support data-driven decision-making for investors, analysts, and operators.