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ZIP Code · TN

ZIP 37204

Pop. 16,469·Davidson County·35th most expensive ZIP in Tennessee
Median rent (all units)
$1,891/mo
Year-over-Year
+4.0%
Month-over-Month
-2.0%
vs US Median
-$74
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 37204 · $1,891
More expensive than 54% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,508
1 BR
$1,576
2 BR
$1,728
3 BR
$2,205
4 BR+
$2,690
Research median
$1,728/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
$22,692/yr
At $1,891/mo median
Location
StateTN
CountyDavidson County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+4.0% YoY, -2.0% MoM), not inventory.
Demographics

Who lives here

ZIP 37204 (Nashville, TN) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 77.2% of residents hold a bachelor's degree or higher.

Population
16,469
Median income
$109,580
Median age
30.8
Renters
43.7%
Age distribution
18.8%
39.1%
24.5%
Under 1818.8%
18–3439.1%
35–5424.5%
55–648.5%
65+9.2%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
78.2%
White78.2%
Black11.1%
Hispanic4.7%
Asian4.1%
Other1.9%
Education (25+)
13%
77.2%
No HS diploma3.3%
HS diploma6.6%
Some college13%
Bachelor's+77.2%
Housing tenure
56.3%
43.7%
Owner56.3%
Renter43.7%

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

2021 vs 2026

How ZIP 37204 in Nashville, TN has changed in 5 years

Rent
$1,524 → $1,891
up 24.1%
Income
$97,727 → $109,580
up 12.1%
Population
17,047 → 16,469
down 3.4%
Renter share
44.5% → 43.7%
-0.8 pts
Bachelor's+
76.3% → 77.2%
+0.9 pts
Median age
29.2 → 30.8
+1.6 yrs

Five years ago, renters in ZIP 37204 in Nashville, TN paid around $1,524 a month. That figure now sits near $1,891, up 24.1% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $97,727 in 2021 to $109,580 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 37204 in Nashville, TN losing about 578 residents over the five-year window, down 3.4% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 37204 in Nashville, TN market of 2021.

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Local insights

Tips for renters in ZIP 37204

About renting in ZIP 37204

Last updated: July 20, 2026

ZIP code 37204 covers Nashville, TN. The median rent here is $1,891/mo as of July 2026. A 1-bedroom rents for a median of $1,576/mo. A 2-bedroom rents for a median of $1,728/mo.

At 21% of local median household income ($109,580/yr), ZIP 37204 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37204?

As of July 20, 2026, the median monthly rent in ZIP 37204 (Nashville, TN) is $1,891. This is based on aggregated data from public sources and community submissions.

How does ZIP 37204 rent compare to the US average?

ZIP 37204's median rent of $1,891/mo is $74 (4%) below the US national median of $1,965/mo.

How does ZIP 37204 compare to other ZIPs in Tennessee?

ZIP 37204 is one of the pricier ZIP codes in Tennessee, ranking #35 out of 145 ZIPs tracked at $1,891/mo.

How much income do you need to rent in ZIP 37204?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (~$37/hour full-time) to afford the median rent of $1,891/mo in ZIP 37204. The local median household income is $109,580/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37204?

Rent in ZIP 37204 has increased 4.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37204 an affordable place to rent?

ZIP 37204 is considered very affordable for renters. At $1,891/mo, rent takes approximately 21% of the local median household income ($109,580/yr). The standard benchmark is 30%. ZIP 37204 falls comfortably within that range.

What percentage of ZIP 37204 residents rent vs. own?

According to Census data, approximately 43.7% of ZIP 37204 households are renters, while 56.3% are owner-occupied. ZIP 37204 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37204 compare to the rest of Nashville?

ZIP 37204 is pricier than Nashville as a whole. At $1,891/mo, it's $66 above the Nashville citywide median of $1,825/mo.

When was rent data for ZIP 37204 last updated?

Rent data for ZIP 37204 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,891/mo, rent takes ~21% of ZIP 37204's median household income ($109,580/yr). The standard benchmark is 30%.

ZIP 37204 21%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37204 (Nashville, TN)

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