Apartment Rent in Five Points
Nashville, Tennessee ยท TN
Avg 1BR Rent $1,125 /month
Rent by Bedroom Count
Studio $800/mo ~500 sq ft $1.60/sq ft
1 Bedroom $1,125/mo ~694 sq ft $1.62/sq ft
2 Bedrooms $1,650/mo ~1006 sq ft $1.64/sq ft
3 Bedrooms $2,075/mo ~1284 sq ft $1.62/sq ft
Market Metrics
Year-over-Year Change -0.1% Rents declining
Vacancy Rate 11.9% Plenty of options
Walk Score 69/100 Somewhat Walkable
Transit Score 74/100 Excellent Transit
What to Budget
At $1,125/mo for a 1-bedroom in Five Points, you should budget at least $3,375/mo in gross income (the standard 30% rule). For a studio at $800/mo, you'd need roughly $2,400/mo.
Studio income needed $2,400/mo
1BR income needed $3,375/mo
2BR income needed $4,950/mo
Moving to Five Points?
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