ZIP Code · TN

ZIP 37201

Part of Nashville, TN

Pop. 1,467·Davidson County·28th most expensive ZIP in Tennessee

Median rent (all units)

$1,990/mo

Year-over-Year

+6.1%

Month-over-Month

-0.2%

vs US Median

+$58

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 37201 · $1,990

More expensive than 61% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,586

1 BR

$1,655

2 BR

$1,817

3 BR

$2,325

4 BR+

$2,833

Research median

$1,817/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 37201 is 0.2% below its high of $1,994 in August 2026, at $1,990 as of September 2026.

Past year vs. the rest of Tennessee

Rent in ZIP 37201 changed +6.1% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($114,229) is $2,856 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,360); a 3-bedroom is $3,020.

Rank in Nashville

13th cheapest of 23 ZIP codes in Nashville.

Cheaper nearby

ZIP 37214, 6 miles away, rents for 18% less ($1,641/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 37201. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,880/yr

At $1,990/mo median

Location

CityNashville

StateTN

CountyDavidson County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (6.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+6.1% YoY, -0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 37201 (Nashville, TN) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 70.9% of residents hold a bachelor's degree or higher.

Population

1,467

Median income

$114,229

Median age

34.5

Renters

64.6%

Age distribution

46%

31.6%

Under 188.2%

18–3446%

35–5431.6%

55–644%

65+10.3%

Gender

57.5%

42.5%

Male57.5%

Female42.5%

Race & ethnicity

71.6%

12.7%

White71.6%

Black7.4%

Hispanic1.5%

Asian6.8%

Other12.7%

Education (25+)

17.5%

70.9%

No HS diploma2.1%

HS diploma9.5%

Some college17.5%

Bachelor's+70.9%

Housing tenure

35.4%

64.6%

Owner35.4%

Renter64.6%

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

2023 vs 2026

How ZIP 37201 in Nashville, TN has changed in 5 years

Rent

$1,840 → $1,990

up 8.2%

Income

$95,353 → $114,229

up 19.8%

Population

1,477 → 1,467

down 0.7%

Renter share

52.9% → 64.6%

+11.7 pts

Bachelor's+

72.3% → 70.9%

-1.4 pts

Median age

36.8 → 34.5

-2.3 yrs

Rent in ZIP 37201 in Nashville, TN has increased 8.2% since 2023, going from about $1,840 per month to roughly $1,990 today. Local incomes tracked alongside that move, going from a median of $95,353 in 2021 to $114,229 more recently. Income growth outran rent by about 11.6 percentage points, easing the affordability math somewhat compared with 2021. About 64.6% of households rent today, against 52.9% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 37201 in Nashville, TN market of 2023.

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About renting in ZIP 37201

Last updated: October 17, 2026

ZIP code 37201 covers Nashville, TN. The median rent here is $1,990/mo as of October 2026. A 1-bedroom rents for a median of $1,655/mo. A 2-bedroom rents for a median of $1,817/mo.

At 21% of local median household income ($114,229/yr), ZIP 37201 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37201?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (about $38/hour full-time) to afford the median rent of $1,990/mo in ZIP 37201. The local median household income is $114,229/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37201?

Rent in ZIP 37201 has risen 6.1% over the past year as of September 2026. It sits 0.2% below its high of $1,994 in August 2026.

How does ZIP 37201 compare to other ZIPs in Tennessee?

ZIP 37201 is one of the pricier among Tennessee ZIP codes for rent, ranking #28 of 147 at $1,990/mo. Over the year to September 2026, rent in ZIP 37201 changed +6.1%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.