Matrix Multifamily Nashville Report-September 2022 September 30, 2022

Minor Softening in Nashville

Nashville rents rose 1.3 percent on a T3 basis through July, to $1,676, a slight deceleration from recent months, with the recovery of leisure and hospitality pressuring the Renter-by-Necessity segment. Meanwhile, investment volume exceeded $2.2 billion, already surpassing all other years except 2021.