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ZIP Code · TN

ZIP 37138

Pop. 22,575·Davidson County·17th most expensive ZIP in Tennessee
Median rent (all units)
$2,126/mo
Year-over-Year
+0.8%
Month-over-Month
+3.0%
vs US Median
+$161
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37138 · $2,126
More expensive than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,510
1 BR
$1,580
2 BR
$1,730
3 BR
$2,210
4 BR+
$2,700
Research median
$1,730/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,512/yr
At $2,126/mo median
Location
StateTN
CountyDavidson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.8% YoY, +3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 37138 (Nashville, TN) is majority owner-occupied, 34.3% of residents hold a bachelor's degree or higher.

Population
22,575
Median income
$85,149
Median age
44.1
Renters
22.8%
Age distribution
21.2%
16.3%
28.6%
15.5%
18.3%
Under 1821.2%
18–3416.3%
35–5428.6%
55–6415.5%
65+18.3%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
80.8%
White80.8%
Black9.9%
Hispanic5.3%
Asian1.3%
Other2.7%
Education (25+)
28.1%
32.5%
34.3%
No HS diploma5%
HS diploma28.1%
Some college32.5%
Bachelor's+34.3%
Housing tenure
77.2%
22.8%
Owner77.2%
Renter22.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 37138 in Nashville, TN has changed in 5 years

Income
$79,182 → $85,149
up 7.5%
Population
24,267 → 22,575
down 7.0%
Renter share
20.6% → 22.8%
+2.2 pts
Bachelor's+
37.3% → 34.3%
-3.0 pts
Median age
42.7 → 44.1
+1.4 yrs

Census figures show median household income at $85,149 today, compared with $79,182 five years earlier. Census counts show ZIP 37138 in Nashville, TN losing about 1,692 residents over the five-year window, down 7.0% on net. The renter share has risen from 20.6% to 22.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 37.3% to 34.3% across the same window.

Community

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Local insights

Tips for renters in ZIP 37138

About renting in ZIP 37138

Last updated: July 20, 2026

ZIP code 37138 covers Nashville, TN. The median rent here is $2,126/mo as of July 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,730/mo.

At 30% of local median household income ($85,149/yr), ZIP 37138 ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37138?

As of July 20, 2026, the median monthly rent in ZIP 37138 (Nashville, TN) is $2,126. This is based on aggregated data from public sources and community submissions.

How does ZIP 37138 rent compare to the US average?

ZIP 37138's median rent of $2,126/mo is $161 (8%) above the US national median of $1,965/mo.

How does ZIP 37138 compare to other ZIPs in Tennessee?

ZIP 37138 is one of the pricier ZIP codes in Tennessee, ranking #17 out of 145 ZIPs tracked at $2,126/mo.

How much income do you need to rent in ZIP 37138?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,126/mo in ZIP 37138. The local median household income is $85,149/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37138?

Rent in ZIP 37138 has increased 0.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37138 an affordable place to rent?

ZIP 37138 is considered moderate for renters. At $2,126/mo, rent takes approximately 30% of the local median household income ($85,149/yr). The standard benchmark is 30%. ZIP 37138 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 37138 residents rent vs. own?

According to Census data, approximately 22.8% of ZIP 37138 households are renters, while 77.2% are owner-occupied. ZIP 37138 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37138 compare to the rest of Nashville?

ZIP 37138 is pricier than Nashville as a whole. At $2,126/mo, it's $301 above the Nashville citywide median of $1,825/mo.

When was rent data for ZIP 37138 last updated?

Rent data for ZIP 37138 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,126/mo, rent takes ~30% of ZIP 37138's median household income ($85,149/yr). The standard benchmark is 30%.

ZIP 37138 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37138 (Nashville, TN)

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