ZIP 37216
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12-month history
Last updated: October 17, 2026
What the numbers show
April. Asking rents in ZIP 37216 usually run 1.3% below trend in April and 1.4% above it in September, about $54 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 37216 is 1.1% below its high of $2,019 in June 2026, at $1,996 as of September 2026.
Rent in ZIP 37216 changed +1.0% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 37216 rose 40.3% while median household income rose 40.7% ($61,641 to $86,701). Income kept ahead of rent.
Rent in ZIP 37216 is 42.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
30% of the median household income ($86,701) is $2,168 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,810); a 3-bedroom is $2,310.
14th cheapest of 23 ZIP codes in Nashville.
ZIP 37115, 3 miles away, rents for 23% less ($1,529/mo), about $5,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 37216. 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.
Who lives here
ZIP 37216 (Nashville, TN) is majority owner-occupied, skews toward younger working-age adults, 58.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 37216 in Nashville, TN has changed in 5 years
The median rent in ZIP 37216 in Nashville, TN stood at $1,486 in 2021 and currently runs about $1,996, reflecting a 34.3% increase over the period. Local incomes tracked alongside that move, going from a median of $70,728 in 2021 to $86,701 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.0% since 2021, moving from about 19,227 residents to roughly 19,038. Renters now make up 29.8% of households, compared with 28.3% five years ago. College-educated residents now make up 58.6% of adults here, versus 51.5% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 37216 in Nashville, TN market of 2021.
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Tips for renters in ZIP 37216
Last updated: October 17, 2026
ZIP code 37216 covers Nashville, TN. The median rent here is $1,996/mo as of October 2026. A 1-bedroom rents for a median of $1,650/mo. A 2-bedroom rents for a median of $1,810/mo.
At 28% of local median household income ($86,701/yr), ZIP 37216 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.
Frequently asked questions
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How does ZIP 37216 compare to the rest of Nashville?
At $1,996/mo, rent takes ~28% of ZIP 37216's median household income ($86,701/yr). The standard benchmark is 30%.
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