Nashville Multifamily Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from CBRE, , , , Cushman & Wakefield

Quarterly multifamily market indicators for Nashville, aggregated by CREhunt from CBRE, , , , Cushman & Wakefield. As of Q1 2026, average asking rent was — with a 18.2% vacancy rate.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 202618.2%128K SFCBRE
Q1 20264.1%
Q1 20263.6%
Q1 202610.7%1K SF
Q1 202616.6%0K SFCushman & Wakefield
Q4 20253.3%

Frequently asked questions

What is the average asking rent for multifamily space in Nashville?
CREhunt 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 CREhunt's Nashville market data come from?
This report aggregates quarterly multifamily market data for Nashville from CBRE, Cushman & Wakefield.