ZIP Code · TN

ZIP 37221

Pop. 41,935·Davidson County·62nd most expensive ZIP in Tennessee
Median rent (all units)
$1,677/mo
Year-over-Year
+4.3%
Month-over-Month
-0.2%
vs US Median
-$288
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 37221 · $1,677
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,336
1 BR
$1,399
2 BR
$1,531
3 BR
$1,956
4 BR+
$2,387
Research median
$1,531/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
$20,124/yr
At $1,677/mo median
Location
StateTN
CountyDavidson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.3% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 37221 (Nashville, TN) is majority owner-occupied, has a large retiree population, has a median income above the national average, 63.1% of residents hold a bachelor's degree or higher.

Population
41,935
Median income
$97,751
Median age
41.1
Renters
29.2%
Age distribution
18.6%
22.4%
26%
12.8%
20.2%
Under 1818.6%
18–3422.4%
35–5426%
55–6412.8%
65+20.2%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
79%
White79%
Black8.3%
Hispanic6.1%
Asian3.6%
Other2.9%
Education (25+)
22.9%
63.1%
No HS diploma2.8%
HS diploma11.2%
Some college22.9%
Bachelor's+63.1%
Housing tenure
70.8%
29.2%
Owner70.8%
Renter29.2%

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

2021 vs 2026

How ZIP 37221 in Nashville, TN has changed in 5 years

Rent
$1,426 → $1,677
up 17.6%
Income
$90,660 → $97,751
up 7.8%
Population
42,232 → 41,935
down 0.7%
Renter share
27.3% → 29.2%
+1.9 pts
Bachelor's+
57.9% → 63.1%
+5.2 pts
Median age
40.3 → 41.1
+0.8 yrs

The median rent in ZIP 37221 in Nashville, TN stood at $1,426 in 2021 and currently runs about $1,677, reflecting a 17.6% increase over the period. Census figures show median household income at $97,751 today, compared with $90,660 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. Renters now make up 29.2% of households, compared with 27.3% five years ago. College-educated residents now make up 63.1% of adults here, versus 57.9% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 37221

Last updated: July 20, 2026

ZIP code 37221 covers Nashville, TN. The median rent here is $1,677/mo as of July 2026. A 1-bedroom rents for a median of $1,399/mo. A 2-bedroom rents for a median of $1,531/mo.

At 21% of local median household income ($97,751/yr), ZIP 37221 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37221?

As of July 20, 2026, the median monthly rent in ZIP 37221 (Nashville, TN) is $1,677. This is based on aggregated data from public sources and community submissions.

How does ZIP 37221 rent compare to the US average?

ZIP 37221's median rent of $1,677/mo is $288 (15%) below the US national median of $1,965/mo.

How does ZIP 37221 compare to other ZIPs in Tennessee?

ZIP 37221 falls in the middle range for Tennessee, ranking #62 out of 145 ZIPs at $1,677/mo.

How much income do you need to rent in ZIP 37221?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,677/mo in ZIP 37221. The local median household income is $97,751/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37221?

Rent in ZIP 37221 has increased 4.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37221 an affordable place to rent?

ZIP 37221 is considered very affordable for renters. At $1,677/mo, rent takes approximately 21% of the local median household income ($97,751/yr). The standard benchmark is 30%. ZIP 37221 falls comfortably within that range.

What percentage of ZIP 37221 residents rent vs. own?

According to Census data, approximately 29.2% of ZIP 37221 households are renters, while 70.8% are owner-occupied. ZIP 37221 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37221 compare to the rest of Nashville?

ZIP 37221 is more affordable than Nashville overall. At $1,677/mo, it's $148 below the Nashville citywide median of $1,825/mo.

When was rent data for ZIP 37221 last updated?

Rent data for ZIP 37221 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,677/mo, rent takes ~21% of ZIP 37221's median household income ($97,751/yr). The standard benchmark is 30%.

ZIP 37221 21%Benchmark 30%
State income taxNone
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