Rent is lower than in 80% of U.S. cities. A typical house costs about 3.1 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $45,160 a year. That is $22 an hour at a full-time job.
Is rent cheaper than other North Carolina cities?
Yes. Rent here is cheaper than in most of North Carolina. It is number 42 of 164 cities from cheapest to most expensive.
How much do households earn in Nashville?
Share of households by yearly income. 11.2% of households earn $100,000 or more.
Rent by apartment size in Nashville
| Size | Nashville | U.S. average |
|---|---|---|
| 2 bedrooms | $1,080 | $1,509 |
| 3 bedrooms | $1,288 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Nashville overall?
Everyday prices in North Carolina overall are 6% below the U.S. average (index 94.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Nashville, so the North Carolina figure is shown.
Taxes and bills in Nashville
Life in Nashville
Is it cheaper to rent or buy in Nashville?
Renting is cheaper right now: about $295 a month less.
Owning assumes a typical $205,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,530 for the down payment.
Frequently asked questions
What is the average rent in Nashville, NC?
Renting in Nashville costs a median of about $1,129 a month in 2026, including utilities. The North Carolina median is $1,496.
How much do I need to make to live in Nashville?
To keep rent under 30% of income, you need about $45,160 a year, or $22 an hour at a full-time job.
Is Nashville cheap or expensive?
Nashville is rated OK: rent takes 20.6% of the typical household income of $65,789. It ranks 42nd cheapest of 164 North Carolina cities we track.
How much are property taxes in Nashville?
The median homeowner in Nashville pays $1,557 a year in property taxes, about 0.76% of the median home value.
Is Nashville more expensive than the national average?
Overall prices in North Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Nashville?
The median home value in Nashville is $205,300, about 3.1 times the typical yearly household income.
5,729 people live in Nashville. Numbers are typical (middle) values.