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ZIP Code · TN

ZIP 37216

Pop. 19,038·Davidson County·13th most expensive ZIP in Tennessee
Median rent (all units)
$2,166/mo
Year-over-Year
+16.4%
Month-over-Month
+4.2%
vs US Median
+$201
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37216 · $2,166
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
$1,580
1 BR
$1,650
2 BR
$1,810
3 BR
$2,310
4 BR+
$2,820
Research median
$1,810/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
$25,992/yr
At $2,166/mo median
Location
StateTN
CountyDavidson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.4% YoY, +4.2% MoM), not inventory.
Demographics

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.

Population
19,038
Median income
$86,701
Median age
34.3
Renters
29.8%
Age distribution
19.6%
32.3%
26.8%
Under 1819.6%
18–3432.3%
35–5426.8%
55–649.7%
65+11.5%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
68.1%
16%
White68.1%
Black16%
Hispanic8.6%
Asian3.6%
Other3.8%
Education (25+)
14.8%
22.2%
58.6%
No HS diploma4.3%
HS diploma14.8%
Some college22.2%
Bachelor's+58.6%
Housing tenure
70.2%
29.8%
Owner70.2%
Renter29.8%

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

2021 vs 2026

How ZIP 37216 in Nashville, TN has changed in 5 years

Rent
$1,448 → $2,166
up 49.6%
Income
$70,728 → $86,701
up 22.6%
Population
19,227 → 19,038
down 1.0%
Renter share
28.3% → 29.8%
+1.5 pts
Bachelor's+
51.5% → 58.6%
+7.1 pts

The median rent in ZIP 37216 in Nashville, TN stood at $1,448 in 2021 and currently runs about $2,166, reflecting a 49.6% 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.

Community

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Local insights

Tips for renters in ZIP 37216

About renting in ZIP 37216

Last updated: July 20, 2026

ZIP code 37216 covers Nashville, TN. The median rent here is $2,166/mo as of July 2026. A 1-bedroom rents for a median of $1,650/mo. A 2-bedroom rents for a median of $1,810/mo.

At 30% of local median household income ($86,701/yr), ZIP 37216 ranks as moderate compared to the national benchmark of 30%. Rents have increased 16.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37216?

As of July 20, 2026, the median monthly rent in ZIP 37216 (Nashville, TN) is $2,166. This is based on aggregated data from public sources and community submissions.

How does ZIP 37216 rent compare to the US average?

ZIP 37216's median rent of $2,166/mo is $201 (10%) above the US national median of $1,965/mo.

How does ZIP 37216 compare to other ZIPs in Tennessee?

ZIP 37216 is one of the pricier ZIP codes in Tennessee, ranking #13 out of 145 ZIPs tracked at $2,166/mo.

How much income do you need to rent in ZIP 37216?

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 $2,166/mo in ZIP 37216. The local median household income is $86,701/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 37216?

Rent in ZIP 37216 has increased 16.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37216 an affordable place to rent?

ZIP 37216 is considered moderate for renters. At $2,166/mo, rent takes approximately 30% of the local median household income ($86,701/yr). The standard benchmark is 30%. ZIP 37216 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 37216 residents rent vs. own?

According to Census data, approximately 29.8% of ZIP 37216 households are renters, while 70.2% are owner-occupied. ZIP 37216 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37216 compare to the rest of Nashville?

ZIP 37216 is pricier than Nashville as a whole. At $2,166/mo, it's $341 above the Nashville citywide median of $1,825/mo.

When was rent data for ZIP 37216 last updated?

Rent data for ZIP 37216 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,166/mo, rent takes ~30% of ZIP 37216's median household income ($86,701/yr). The standard benchmark is 30%.

ZIP 37216 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37216 (Nashville, TN)

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