Nashville Multifamily Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from CBRE, Partnersrealestate, Matthews, Lee Associates, Cushman & Wakefield
Quarterly multifamily market indicators for Nashville, aggregated by PropZone from CBRE, Partnersrealestate, Matthews, Lee Associates, Cushman & Wakefield. As of Q1 2026, average asking rent was — with a 18.2% vacancy rate.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 18.2% | 128K SF | — | CBRE |
| Q1 2026 | — | 4.1% | — | — | Partnersrealestate |
| Q1 2026 | — | 3.6% | — | — | Matthews |
| Q1 2026 | — | 10.7% | 1K SF | — | Lee Associates |
| Q1 2026 | — | 16.6% | 0K SF | — | Cushman & Wakefield |
| Q4 2025 | — | 3.3% | — | — | Matthews |
Frequently asked questions
- What is the average asking rent for multifamily space in Nashville?
- PropZone aggregates multifamily asking-rent data for Nashville from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the multifamily vacancy rate in Nashville?
- The multifamily vacancy rate in Nashville was 18.2% as of Q1 2026 (CBRE).
- Where does PropZone's Nashville market data come from?
- This report aggregates quarterly multifamily market data for Nashville from CBRE, Partnersrealestate, Matthews, Lee Associates, Cushman & Wakefield.
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