Matrix Multifamily Nashville Report-June 2022 June 28, 2022

Nashville’s Progress Sustained by Demand

Nashville rents rose 0.8 percent on a T3 basis through April, to $1,591, while occupancy stood at 96.4 percent in March, signs of a tight rental market. Meanwhile, transaction volume nearly reached the $1 billion mark, gaining in price per unit on an annual basis.