ZIP Code · TN

ZIP 37217

Part of Nashville, TN

Pop. 31,869·Davidson County·116th most expensive ZIP in Tennessee

Median rent (all units)

$1,334/mo

Year-over-Year

-0.4%

Month-over-Month

Stable

vs US Median

-$598

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 37217 · $1,334

More affordable than 84% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,061

1 BR

$1,109

2 BR

$1,218

3 BR

$1,561

4 BR+

$1,896

Research median

$1,218/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

February. Asking rents in ZIP 37217 usually run 0.7% below trend in February and 0.4% above it in May, about $15 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 37217 is 5.3% below its high of $1,408 in January 2024, at $1,334 as of September 2026.

Past year vs. the rest of Tennessee

Rent in ZIP 37217 changed -0.4% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 5 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($62,796) is $1,570 a month. That covers HUD's Fair Market Rent for up to a studio ($1,550); a 1-bedroom is $1,620.

Rank in Nashville

1st cheapest of 23 ZIP codes in Nashville.

From Zillow's monthly rent index (ZORI) for ZIP 37217. 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

$16,008/yr

At $1,334/mo median

Location

CityNashville

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 (-0.4% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 37217 (Nashville, TN) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 29.7% of residents hold a bachelor's degree or higher.

Population

31,869

Median income

$62,796

Median age

33.3

Renters

58.6%

Age distribution

25.7%

27.9%

23.6%

Under 1825.7%

18–3427.9%

35–5423.6%

55–6411.8%

65+11%

Gender

52.9%

47.1%

Male52.9%

Female47.1%

Race & ethnicity

39.5%

32.8%

24.9%

White39.5%

Black32.8%

Hispanic24.9%

Asian1.2%

Other1.6%

Education (25+)

18.1%

27.4%

24.8%

29.7%

No HS diploma18.1%

HS diploma27.4%

Some college24.8%

Bachelor's+29.7%

Housing tenure

41.4%

58.6%

Owner41.4%

Renter58.6%

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

2021 vs 2026

How ZIP 37217 in Nashville, TN has changed in 5 years

Rent

$1,104 → $1,334

up 20.8%

Income

$52,295 → $62,796

up 20.1%

Population

31,096 → 31,869

up 2.5%

Renter share

52.5% → 58.6%

+6.1 pts

Bachelor's+

30.7% → 29.7%

-1.0 pts

Median age

34.1 → 33.3

-0.8 yrs

Since 2021, the typical rent in ZIP 37217 in Nashville, TN has climbed from $1,104 to $1,334, a 20.8% change over five years. Median household income rose from $52,295 to $62,796 between 2021 and 2024, a 20.1% shift. The population has grown by 2.5% since 2021, moving from about 31,096 residents to roughly 31,869. Renters now make up 58.6% of households, compared with 52.5% five years ago. Taken together, the five-year picture in ZIP 37217 in Nashville, TN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 37217

Last updated: October 17, 2026

ZIP code 37217 covers Nashville, TN. The median rent here is $1,334/mo as of October 2026. A 1-bedroom rents for a median of $1,109/mo. A 2-bedroom rents for a median of $1,218/mo.

At 25% of local median household income ($62,796/yr), ZIP 37217 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37217?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,334/mo in ZIP 37217. The local median household income is $62,796/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37217?

Rent in ZIP 37217 has been roughly flat over the past year as of September 2026, a -0.4% change. It sits 5.3% below its high of $1,408 in January 2024.

When is the cheapest time to rent in ZIP 37217?

Asking rents in ZIP 37217 are usually lowest in February, about 0.7% below their yearly trend, and highest in May, about 0.4% above it. At today's median that is a gap of roughly $15 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 37217 compare to other ZIPs in Tennessee?

ZIP 37217 is one of the more affordable among Tennessee ZIP codes for rent, ranking #116 of 147 at $1,334/mo. Over the year to September 2026, rent in ZIP 37217 changed -0.4%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.