{"id":6799,"date":"2026-07-01T08:37:39","date_gmt":"2026-07-01T08:37:39","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=6799"},"modified":"2026-07-01T08:37:40","modified_gmt":"2026-07-01T08:37:40","slug":"nashville-multifamily-market-report","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/nashville-multifamily-market-report\/","title":{"rendered":"Nashville Multifamily Market Report \u2013 June 2026"},"content":{"rendered":"<h2>Spring Gains Grapple With Supply Drag<\/h2>\n<p>Advertised asking rent movement entered positive territory this spring in Nashville, but the wall of deliveries is still weighing on longer-term prospects. Rates rose 0.1%, on a trailing three-month basis through April, to $1,663, compared to the 0.2% national gain to $1,758. Year-over-year, Nashville rents slid 1.3%, while the U.S recorded a 0.2% drop. Meanwhile, occupancy in stabilized properties fell 40 basis points over 12 months, to 93.6% as of March.<\/p>\n<p><iframe id=\"datawrapper-chart-p8Vgg\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Nashville vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/p8Vgg\/1\/\" height=\"334\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>The labor market improved toward the end of 2025, with employment growth reaching 1.3% as of December, ahead of the 0.6% U.S. average. Nashville-area unemployment stood at 3.3% in February, below both the Tennessee and U.S. rates. Nashville added 12,400 net jobs in 2025, led by education and health services, professional and business services and other services. Recent demand drivers include the opening of the $284 million Peabody Unionmixed-use development, Starbucks\u2019 planned Southeast corporate office and continued progress at the New Nissan Stadium.<\/p>\n<p><iframe id=\"datawrapper-chart-hysEB\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Nashville Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/hysEB\/1\/\" height=\"423\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">(function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})();<\/script><\/p>\n<p>Supply remained a key pressure point, with 1,544 units delivered through April and another 16,686 apartments underway. Still, construction starts fell 36% year-to-date. Investment activity remained tepid, with multifamily sales totaling $307 million in 2026through April. The average price per unit ticked down 2.2% year to-date, to $194,479, slightly above the $193,181 U.S. average.<\/p>\n<p>Read the full Yardi Matrix Nashville Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/8826-MatrixMultifamilyNashvilleReport-June2026\" rel=\"\"><strong>June 2026<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spring Gains Grapple With Supply Drag Advertised asking rent movement entered positive territory this spring in Nashville, but the wall of deliveries is still weighing on longer-term prospects. Rates rose 0.1%, on a trailing three-month basis through April, to $1,663, compared to the 0.2% national gain to $1,758. Year-over-year, Nashville rents slid 1.3%, while the [&hellip;]<\/p>\n","protected":false},"author":753,"featured_media":10534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[519,456],"class_list":["post-6799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2026","tag-nashville"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nashville Multifamily Market Report | Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Get the latest Nashville multifamily market report from Yardi Matrix to learn about market fundamentals and much more.\" \/>\n<meta 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