Market Snapshot Nashville Q1 2025

Market Overview

Nashville continues to be one of the fastest-growing large metros in the U.S., with a 2024 population exceeding 2 million and strong in-migration from the Midwest and West Coast. Key economic drivers include healthcare (led by HCA Healthcare), education (Vanderbilt University), entertainment, and logistics. Nashville International Airport’s expansion and multiple corporate relocations have reinforced job growth. In Q1 2025, multifamily absorption outpaced deliveries for the third straight quarter, with occupancy stabilizing at 91.7%. New starts have declined, pointing toward more balanced fundamentals going forward.

About MMG

MMG Real Estate Advisors is a data-driven brokerage and research firm focused on multifamily assets across the Midwest and Sunbelt. Based in Kansas City, MMG emphasizes clear communication and operator-relevant insights. Their reports prioritize practical metrics like rent comps, lease-up velocity, and new supply pipelines—ideal for investors and asset managers evaluating real-time market shifts. MMG’s Nashville coverage reflects both regional expertise and nationwide benchmarking across similar growth markets.