ZIP Code · TN

ZIP 37212

Pop. 20,592·Davidson County·19th most expensive ZIP in Tennessee
Median rent (all units)
$2,077/mo
Year-over-Year
+2.5%
Month-over-Month
+0.7%
vs US Median
+$145
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37212 · $2,077
More expensive than 65% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,590
1 BR
$1,660
2 BR
$1,820
3 BR
$2,330
4 BR+
$2,840
Research median
$1,820/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

Cheapest month to sign

November. Asking rents in ZIP 37212 usually run 1.4% below trend in November and 1.3% above it in June, about $56 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 37212 is at its highest level since Zillow's records here began in November 2018.

Past year vs. the rest of Tennessee

Rent in ZIP 37212 changed +2.5% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 37212 rose 26.1% while median household income rose 49.6% ($63,586 to $95,145). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 37212 is 29.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($95,145) is $2,379 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,330); a 4-bedroom is $2,840.

Rank in Nashville

15th cheapest of 23 ZIP codes in Nashville.

Cheaper nearby

ZIP 37204, 2 miles away, rents for 13% less ($1,801/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 37212. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,924/yr
At $2,077/mo median
Location
StateTN
CountyDavidson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.5% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 37212 (Nashville, TN) is majority renter-occupied, skews toward younger working-age adults, has a median income above the national average, 78.6% of residents hold a bachelor's degree or higher.

Population
20,592
Median income
$95,145
Median age
23.3
Renters
59%
Age distribution
63.7%
15%
Under 188.1%
18–3463.7%
35–5415%
55–645.4%
65+7.8%
Gender
44.1%
55.9%
Male44.1%
Female55.9%
Race & ethnicity
71.4%
White71.4%
Black11.1%
Hispanic5.1%
Asian9.2%
Other3.2%
Education (25+)
78.6%
No HS diploma4.1%
HS diploma7.6%
Some college9.7%
Bachelor's+78.6%
Housing tenure
41%
59%
Owner41%
Renter59%

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

2021 vs 2026

How ZIP 37212 in Nashville, TN has changed in 5 years

Rent
$1,666 → $2,077
up 24.7%
Income
$78,720 → $95,145
up 20.9%
Population
20,917 → 20,592
down 1.6%
Renter share
58.1% → 59%
+0.9 pts
Bachelor's+
70.8% → 78.6%
+7.8 pts
Median age
25.4 → 23.3
-2.1 yrs

Across the past five years, the going rent in ZIP 37212 in Nashville, TN has shifted from $1,666 to $2,077, up 24.7% since 2021. On the earnings side, the typical household in ZIP 37212 in Nashville, TN now reports about $95,145, up from $78,720 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 37212 in Nashville, TN losing about 325 residents over the five-year window, down 1.6% on net. Bachelor's-degree-or-higher attainment moved from 70.8% to 78.6% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 37212 in Nashville, TN reflects that arc in its own way.

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About renting in ZIP 37212

Last updated: October 17, 2026

ZIP code 37212 covers Nashville, TN. The median rent here is $2,077/mo as of October 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $1,820/mo.

At 26% of local median household income ($95,145/yr), ZIP 37212 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37212?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,077/mo in ZIP 37212. The local median household income is $95,145/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37212?

Rent in ZIP 37212 has risen 2.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2018.

When is the cheapest time to rent in ZIP 37212?

Asking rents in ZIP 37212 are usually lowest in November, about 1.4% below their yearly trend, and highest in June, about 1.3% above it. At today's median that is a gap of roughly $56 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 37212?

No. From 2019 to 2024, rent in ZIP 37212 rose 26.1% while median household income rose 49.6%, from $63,586 to $95,145. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 37212 compare to other ZIPs in Tennessee?

ZIP 37212 is one of the pricier among Tennessee ZIP codes for rent, ranking #19 of 147 at $2,077/mo. Over the year to September 2026, rent in ZIP 37212 changed +2.5%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.

How does ZIP 37212 compare to the rest of Nashville?

At $2,077/mo, ZIP 37212 is $257 above the Nashville citywide median of $1,820/mo. It is the 15th cheapest of 23 ZIP codes in Nashville.
Income Affordability
26%
AFFORDABLE

At $2,077/mo, rent takes ~26% of ZIP 37212's median household income ($95,145/yr). The standard benchmark is 30%.

ZIP 37212 26%Benchmark 30%
State income taxNone
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