Nashville, TN Real Estate

According to census data in the year 2000 there were 242,474 housing units in Nashville. This represents a 10.5% growth from 219,528 in 1990.

Of those housing units, 232,997 were located in either urbanized areas or urban clusters, and 9,477 were located in what is classified as a rural area.

Homeownership rate in Nashville is about 54.5%. Nashville's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Nashville were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom17.50%
Two Bedrooms34.30%
Three Bedrooms34.70%
Four Bedrooms10%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1969
Median Value of occupied units$113,300
Median Price asked for vacant units$112,100

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1975
Median Monthly Rent asked for vacant units$540

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.40%
Home Equity Loan6.80%
Simple Mortgage56.90%
Debt Free27.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%