ZIP Code · TN

ZIP 37206

Pop. 28,545·Davidson County·14th most expensive ZIP in Tennessee
Median rent (all units)
$2,163/mo
Year-over-Year
+10.0%
Month-over-Month
-0.2%
vs US Median
+$198
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 37206 · $2,163
More expensive than 68% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,600
1 BR
$1,680
2 BR
$1,840
3 BR
$2,350
4 BR+
$2,870
Research median
$1,840/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
$25,956/yr
At $2,163/mo median
Location
StateTN
CountyDavidson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.0% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 37206 (Nashville, TN) is roughly split between renters and owners, has a median income above the national average, 62.8% of residents hold a bachelor's degree or higher.

Population
28,545
Median income
$96,169
Median age
34
Renters
49.8%
Age distribution
23.2%
29.8%
32%
Under 1823.2%
18–3429.8%
35–5432%
55–647.6%
65+7.4%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
62.4%
25%
White62.4%
Black25%
Hispanic5.6%
Asian1.3%
Other5.6%
Education (25+)
14.1%
17.8%
62.8%
No HS diploma5.3%
HS diploma14.1%
Some college17.8%
Bachelor's+62.8%
Housing tenure
50.2%
49.8%
Owner50.2%
Renter49.8%

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

2021 vs 2026

How ZIP 37206 in Nashville, TN has changed in 5 years

Rent
$1,597 → $2,163
up 35.4%
Income
$72,446 → $96,169
up 32.7%
Population
28,694 → 28,545
down 0.5%
Renter share
50% → 49.8%
-0.2 pts
Bachelor's+
53.3% → 62.8%
+9.5 pts
Median age
33.2 → 34
+0.8 yrs

Five years ago, renters in ZIP 37206 in Nashville, TN paid around $1,597 a month. That figure now sits near $2,163, up 35.4% from the 2021 baseline. On the earnings side, the typical household in ZIP 37206 in Nashville, TN now reports about $96,169, up from $72,446 in 2021. Bachelor's-degree-or-higher attainment moved from 53.3% to 62.8% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 37206 in Nashville, TN reflects that arc in its own way.

Community

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About renting in ZIP 37206

Last updated: July 20, 2026

ZIP code 37206 covers Nashville, TN. The median rent here is $2,163/mo as of July 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $1,840/mo.

At 27% of local median household income ($96,169/yr), ZIP 37206 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37206?

As of July 20, 2026, the median monthly rent in ZIP 37206 (Nashville, TN) is $2,163. This is based on aggregated data from public sources and community submissions.

How does ZIP 37206 rent compare to the US average?

ZIP 37206's median rent of $2,163/mo is $198 (10%) above the US national median of $1,965/mo.

How does ZIP 37206 compare to other ZIPs in Tennessee?

ZIP 37206 is one of the pricier ZIP codes in Tennessee, ranking #14 out of 145 ZIPs tracked at $2,163/mo.

How much income do you need to rent in ZIP 37206?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,163/mo in ZIP 37206. The local median household income is $96,169/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37206?

Rent in ZIP 37206 has increased 10.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37206 an affordable place to rent?

ZIP 37206 is considered affordable for renters. At $2,163/mo, rent takes approximately 27% of the local median household income ($96,169/yr). The standard benchmark is 30%. ZIP 37206 falls comfortably within that range.

What percentage of ZIP 37206 residents rent vs. own?

According to Census data, approximately 49.8% of ZIP 37206 households are renters, while 50.2% are owner-occupied. ZIP 37206 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37206 compare to the rest of Nashville?

ZIP 37206 is pricier than Nashville as a whole. At $2,163/mo, it's $338 above the Nashville citywide median of $1,825/mo.

When was rent data for ZIP 37206 last updated?

Rent data for ZIP 37206 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,163/mo, rent takes ~27% of ZIP 37206's median household income ($96,169/yr). The standard benchmark is 30%.

ZIP 37206 27%Benchmark 30%
State income taxNone
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Public schools near ZIP 37206 (Nashville, TN)

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