Nashville, Tennessee Short-Term Rental Market
Nashville metro STR rules limit non-owner permits; September 2026 ADR $320, 59.0% occupancy, $5,240 monthly revenue.
Quick Answer: Nashville, Tennessee is an active short-term rental market. average occupancy in the Nashville market area is 59%. average monthly revenue in the Nashville market area is $5,240. average daily rate in the Nashville market area is $320. the top operator in the Nashville market area is AvantStay with 530 listings. market score is 81/100 (grade B).
Market data reflects the wider Nashville market, which covers 23 areas. Regulations, taxes, and permit details below are specific to Nashville.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
This profile covers the Nashville metro STR market, which includes Nashville and Franklin, Tennessee, because short-term rental performance is tracked at a shared regional level rather than uniquely for Nashville. The regulations below apply to Metro Nashville only. In September 2026 the Nashville metro STR market averaged an ADR of $320 across all listings, with occupancy at 59.0% and average monthly revenue of $5,240. Entire-home listings earned an ADR of $330. Year over year, occupancy rose 5.7%, ADR slipped 0.6%, and revenue grew 12.8%, which means the revenue gain came from more booked nights rather than higher nightly rates. Summing the twelve seasonal monthly averages gives annualized revenue of $48,739 for a typical listing. Calendar-year results show the recovery. 2025 averaged 56.3% occupancy at a $286 ADR and $4,598 per month, while 2026 through September is running at 58.5% occupancy, a $295 ADR and $4,895 per month. The 2024 ADR of $302 remains the highest annual rate in the series. Demand rests on a large visitor base. Nashville drew 16.9 million visitors in 2024, who spent $11.2 billion directly, and the city has a population of 715,884. Visitors come mainly for live music, the Broadway honky-tonk district, country music history, bachelor and bachelorette group travel, and conventions. The Nashville Convention and Visitors Corp projects 18.1 million annual visitors by 2027. Top domestic feeder markets include Atlanta, Chicago, Louisville, Charlotte, and Dallas. Bedroom, channel, and listing-type counts are tracked at a shared regional level rather than uniquely for Nashville, so this profile omits them. Investors should weigh these results against the permit rules covered below.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 42% |
| Feb | 54% |
| Mar | 62% |
| Apr | 58% |
| May | 61% |
| Jun | 63% |
| Jul | 60% |
| Aug | 57% |
| Sep | 59% |
| Oct | 63% |
| Nov | 54% |
| Dec | 50% |
Month-by-month nightly rates and revenue figures for Nashville are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Nashville market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Nashville market as a whole, which includes Nashville, so these counts are not Nashville-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | AvantStay | 530 | 7,038 | ★ 4.70 |
| 2 | GoodNight Stay | 299 | 6,479 | ★ 4.46 |
| 3 | Coboda Rentals | 248 | 5,165 | ★ 4.48 |
| 4 | Host Extraordinaires | 236 | 23,407 | ★ 4.78 |
| 5 | StayLocal | 178 | 11,262 | ★ 4.74 |
What Kind of STR Should I Buy in Nashville?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Nashville are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 42.7% |
| vrbo | 5.3% |
| both | 52% |
Home Value Trends (Nashville)
Typical home values, median sale prices, and the 10-year price trend for Nashville are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Nashville — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Short-term rentals are permitted in Nashville, but they are tightly controlled and enforcement is strict. Any host needs a Short-Term Rental Property (STRP) permit from Metro Codes before listing on any platform. The permit costs $313 and renews annually, with proof of insurance and Hotel Occupancy Tax payment. Type 1 is for owner-occupied homes. The owner must permanently reside at the property and be a natural person, so LLCs, corporations, and trusts are not eligible, and primary residence is required. Type 1 is allowed in residential zones that permit residential use, except NS-zoned districts. Type 2 covers properties that are not owner-occupied. Since January 1, 2022, no new Type 2 permits are issued in AR2A, R, RS, or RM residential zones. Existing holders may renew, but the permit is non-transferable when the property sells. New Type 2 permits are available only as conditional-use approvals in commercial and mixed-use zones. SP and PUD zones need Metro Planning Commission approval for any permit type. The Metro Hotel Occupancy Tax is 7% plus $2.50 per night per unit, effective July 1, 2023, up from 6%. Recent changes include BL2024-478 in 2024, which tightened owner-occupied applications to a four-document residency proof, and four zoning exemptions on 28th Avenue North approved in March 2024. Verify current rules with Metro Codes before buying.
Market Comparison
The Nashville metro STR market posted September 2026 occupancy of 59.0% and an ADR of $320. The annual seasonal pattern also holds up: occupancy exceeds 55% in eight of twelve months, and only January, February, November, and December fall at or below 53.6%. Revenue growth of 12.8% year over year adds to the case. The comparison has a cost, though. The typical home value of $425,889 is a significant entry price, and permit rules limit which owners can operate. Professional operator names, bedroom, channel, and listing-type counts are tracked at a shared regional level rather than uniquely for Nashville, so this profile omits them. Nashville pairs solid rates and demand with tighter regulation and higher acquisition costs.
Frequently Asked Questions About Nashville, Tennessee
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