Strong population growth and a resilient job market have unlocked record-high demand for Nashville, Tennessee’s multifamily housing. However, years of oversupply have weighed on the market's vacancy rate and rent growth and have also led to considerable concessions across the market.
Despite prolonged demand, Nashville’s multifamily concessions continue to weigh on rent growth
Quarterly year-over-year rent growth has remained negative for two years
CoStar Analytics
August 6, 2025 | 6:03 P.M.
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