Southeast3.4% avg cap rateLive · 41 active listings

Nashville, TN

Music City - bachelorette capital of America

Nashville is the undisputed king of group-travel STR markets. Bachelorette parties, corporate retreats, CMA Fest, and NFL season create demand spikes that push ADR to extraordinary levels year-round. The city requires a short-term rental permit and limits non-owner-occupied licenses in residential zones - but the supply constraints that creates make permitted properties enormously valuable.

3.4%
Avg Cap Rate
Net operating income / price
45%
Avg Occupancy
Annual average
$402
Avg Nightly Rate
All property types
$1.3M
Avg List Price
STR-viable properties

41 active listings in Nashville are analyzed and ranked right now

Scored 1-10 against real Airbnb comps. See which properties rank highest and why.

See the ranked listings

Estimated Annual Performance

Gross rental revenue
45% occ × $402/night
$65,588
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $26,235
Est. net operating income
Before mortgage & depreciation
$39,353
At $1.3M avg price
Implied cap rate
3.1%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Nashville

Largest bachelorette destination in the US - extreme group ADR
Major conventions and music events drive year-round demand
STR permit required - supply constrained in residential zones
Luxury amenities (rooftop, hot tub, game room) earn 2× base rate
Peak season: Year-round (peaks: spring, summer, CMA Fest)
Top property types: Single Family, Townhouse, Condo
Primary zip: 37203, 37206, 37207, 37208, 37209, 37212

Nashville STR investing, answered

Is Nashville, TN a good short-term rental market?

Nashville is a Southeast STR market averaging a 3.4% cap rate, 45% annual occupancy, and $402/night across STR-viable listings, based on 41 active listings. Nashville is the undisputed king of group-travel STR markets. Bachelorette parties, corporate retreats, CMA Fest, and NFL season create demand spikes that push ADR to extraordinary levels year-round. The city requires a short-term rental permit and limits non-owner-occupied licenses in residential zones - but the supply constraints that creates make permitted properties enormously valuable.

What is the average Airbnb occupancy rate in Nashville?

STR-viable properties in Nashville average about 45% occupancy across the year. Peak season is Year-round (peaks: spring, summer, CMA Fest). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Nashville?

At $402/night and 45% occupancy, a typical Nashville STR grosses roughly $65,588 per year before expenses, leaving an estimated $39,353 in net operating income against a $1.3M average price, an implied 3.1% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Nashville?

The strongest-performing STR property types in Nashville are Single Family, Townhouse, Condo. Largest bachelorette destination in the US - extreme group ADR. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Nashville?

STR-viable listings in Nashville average around $1.3M. Primary STR ZIP codes include 37203, 37206, 37207. Combined with the market's 3.4% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 41 active listings · last updated Sep 1, 2026

Run a live analysis in Nashville

Search active MLS listings in Nashville and instantly see cap rates, cash flow projections, and STR comp-backed nightly rates - all in one underwriting report.