ZIP 37221
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 37221 usually run 1.3% below trend in January and 1% above it in July, about $37 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 37221 is 1.6% below its high of $1,653 in August 2022, at $1,627 as of September 2026.
Rent in ZIP 37221 changed -0.1% 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 37221 rose 31.1% while median household income rose 17.3% ($83,331 to $97,751). Rent outpaced income.
Rent in ZIP 37221 is 27.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($97,751) is $2,444 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,200); a 3-bedroom is $2,810.
6th cheapest of 23 ZIP codes in Nashville.
From Zillow's monthly rent index (ZORI) for ZIP 37221. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 37221 in Nashville, TN has changed in 5 years
The median rent in ZIP 37221 in Nashville, TN stood at $1,366 in 2021 and currently runs about $1,627, reflecting a 19.1% 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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Tips for renters in ZIP 37221
Last updated: October 17, 2026
ZIP code 37221 covers Nashville, TN. The median rent here is $1,627/mo as of October 2026. A 1-bedroom rents for a median of $1,357/mo. A 2-bedroom rents for a median of $1,486/mo.
At 20% of local median household income ($97,751/yr), ZIP 37221 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.
Frequently asked questions
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How does ZIP 37221 compare to other ZIPs in Tennessee?
How does ZIP 37221 compare to the rest of Nashville?
At $1,627/mo, rent takes ~20% of ZIP 37221's median household income ($97,751/yr). The standard benchmark is 30%.
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