{"id":9507,"date":"2025-07-09T05:58:00","date_gmt":"2025-07-09T05:58:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9507"},"modified":"2025-10-21T06:08:09","modified_gmt":"2025-10-21T06:08:09","slug":"nashville-multifamily-market-report-june-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/nashville-multifamily-market-report-june-2025\/","title":{"rendered":"Nashville Multifamily Market Report \u2013 June 2025"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/nashville-multifamily-market-report\/\">Nashville Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Leasing Season Aids Rent Growth<\/h2>\n<p>Nashville\u2019s multifamily fundamentals were mixed at the start of 2025\u2019s second quarter, as per the latest Nashville multifamily market report. Average advertised asking rents rose 0.2%, on a trailing three-month basis through April, to $1,656, registering a slight rebound following eight months of contractions. Last year\u2019s peak in supply growth sent the occupancy rate in stabilized properties down to 93.6% in March. The figure marked the lowest level in Yardi Matrix\u2019s historical data.<\/p>\n<p><iframe id=\"datawrapper-chart-HcxM9\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Nashville vs. National Rent Growth \" src=\"https:\/\/datawrapper.dwcdn.net\/HcxM9\/1\/\" height=\"336\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Interactive line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>Employment growth moderated to 1.0% year-over-year in February and remained 10 basis points above the U.S. figure, according to the <a href=\"\/blog\/national-multifamily-market-report\/\" rel=\"\"><strong>national multifamily market report<\/strong><\/a>. The unemployment rate stood at 2.7% in March, outperforming the state (3.6%) and the U.S. (4.2%). Job growth was sustained primarily by trade, transportation and utilities (5,100 jobs) and government (4,300 jobs), while three sectors lost 7,300 positions combined, with the steepest losses posted in professional and business services (6,100 jobs). Notable projects in the metro include the opening of the 4,500-capacity music venue, The Pinnacle, in the heart of Nashville Yards, while nearby, Amazon is preparing to begin work on a second office tower.<\/p>\n<p><iframe id=\"datawrapper-chart-JJNbU\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Nashville Employment Share by Sector \" src=\"https:\/\/datawrapper.dwcdn.net\/JJNbU\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script><\/p>\n<p>While new construction moderated, the pipeline remained elevated. Deliveries totaled 3,149 units through April and another 16,649 were underway. Investors traded $405 million in multifamily assets through April, for a price per unit that rose 8.0%, to $203,916.<\/p>\n<p>Read the full Yardi Matrix Nashville Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/Publications\/Download\/File\/7386-MatrixMultifamilyNashvilleReport-June2025\" rel=\"\"><strong>June 2025<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Leasing Season Aids Rent Growth Nashville\u2019s multifamily fundamentals were mixed at the start of 2025\u2019s second quarter, as per the latest Nashville multifamily market report. Average advertised asking rents rose 0.2%, on a trailing three-month basis through April, to $1,656, registering a slight rebound following eight months of contractions. Last year\u2019s peak in supply growth [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[513,456],"class_list":["post-9507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2025","tag-nashville"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nashville Multifamily Market Report \u2013 June 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Last year\u2019s supply peak pressured occupancy, with the rate dropping to 93.6 percent in March, the lowest level in more than a decade.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/nashville-multifamily-market-report-june-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nashville Multifamily Market Report \u2013 June 2025\" \/>\n<meta property=\"og:description\" content=\"Last year\u2019s supply peak pressured occupancy, with the rate dropping to 93.6 percent in March, the lowest level in more than a decade.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/nashville-multifamily-market-report-june-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-09T05:58:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-21T06:08:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/02\/Nashville-iStock-2198793450-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anca Gagiuc\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Nashville Multifamily Market Report \u2013 June 2025 - 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