Nashville, Tennessee Short-Term Rental Market
Nashville STR operators averaged $313/night at 59.7% occupancy in April 2026 across approximately 15,600 active listings.
Quick Answer: Nashville, Tennessee is an active short-term rental market. average occupancy in the Nashville market area is 65%. average monthly revenue in the Nashville market area is $5,908. average daily rate in the Nashville market area is $329. 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
Nashville’s short-term rental market ranked among the largest in the Southeast as of April 2026, with approximately 15,600 active listings spanning the metro area. The market posted a $313 average daily rate and 59.7% occupancy in April 2026, producing a RevPAR of $187. Year-over-year, occupancy improved 4.86 percentage points while ADR declined 6.26%, reflecting a shift toward higher volume at moderately lower rates. Revenue per listing rose 9.28% compared to the prior-year period, indicating that the volume gain more than offset the rate compression.
Entire-place listings dominate the supply at 14,747 units, or roughly 95% of the market. Private rooms account for 854 listings, and shared rooms represent only 5. By bedroom count, 1-bedroom units are the most common at 5,147 listings, followed by 4-bedrooms (3,054), 2-bedrooms (3,371), 3-bedrooms (3,025), and 5-bedrooms (976). The 4-bedroom segment’s near-parity with 2-bedrooms is notable and reflects strong demand from group travel, particularly bachelorette and bachelor parties drawn to Lower Broadway.
Channel distribution shows 8,117 listings active on both Airbnb and VRBO simultaneously, while 6,663 are Airbnb-only and 826 are VRBO-only. Dual-channel operators represent the largest share of the market, suggesting experienced operators recognize the incremental bookings that come from platform diversification.
StaySTRA’s composite market score for Nashville is 80.6 out of 100, led by rental demand (87.3) and investability (77.5). Seasonality scores 75.2, regulation 69.5, and revenue growth 58.9, with the revenue growth score reflecting the multi-year plateau in annual averages since 2022. Nashville drew 16.9 million visitors in 2024, generating $11.2 billion in direct tourism spending, providing a durable demand foundation for the STR market.
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
Nashville requires a Short-Term Rental Property (STRP) permit before listing on any platform. Permits cost $313 annually and must be renewed each year with proof of insurance and Hotel Occupancy Tax payment history.
The permit system has two types with fundamentally different access rules. Type 1 (owner-occupied) permits are available in virtually all residential zones. The owner must permanently reside at the property and must be a natural person: LLCs, corporations, trusts, and other entities are ineligible for Type 1. Proof of primary residency requires four documents (two from Group A, two from Group B) matching the deed address. Each Type 1 permit covers up to four sleeping rooms rented to a single party, and only one permit is issued per lot in single-family and two-family zones.
Type 2 (not owner-occupied) permits have been unavailable in residential zones (AR2A, R, RS, RM) since January 1, 2022, under Metro Council Bill BL2019-1633. Existing Type 2 holders in residential zones may renew, but permits are non-transferable: the permit is voided when the property sells. New Type 2 permits are issued only in commercial and mixed-use zones (MUN, MUL, MUG, MUI, OG, OR-series, CN, CL, CS, CA, CF, DTC variants, SCN, SCC, SCR) as conditional-use approvals.
Tax obligations: the Metro Hotel Occupancy Tax is 7% of gross rental receipts plus a $2.50 nightly fee per unit, effective July 1, 2023. Tennessee state sales tax of 9.25% also applies. A 2024 ordinance (BL2024-478) tightened residency documentation requirements for owner-occupied applications. Enforcement severity is rated strict. Investors purchasing residential properties for non-owner-occupied short-term rental in traditional residential zones will not qualify for a new Type 2 permit under current law.
Market Comparison
Against national STR benchmarks, Nashville’s April 2026 ADR of $313 is approximately 42% above the US STR median ADR of roughly $220, reflecting the market’s position as a premium leisure and group travel destination. Nashville’s 59.7% occupancy sits above the US STR median of approximately 55%, confirming sustained demand relative to supply. RevPAR of $187 is well above national medians, which typically run in the $100-$130 range for comparable urban markets.
The composite market score of 80.6 places Nashville in the top tier among StaySTRA tracked markets, with rental demand scoring especially high at 87.3. Revenue growth scores lower at 58.9, consistent with the data showing annual average revenue declining from $4,821 in 2024 to $4,599 in 2025 before the April 2026 bounce.
Professional management is well-established in Nashville. AvantStay leads with 530 listings, followed by GoodNight Stay (299 listings, 4.46 rating), Coboda Rentals (248 listings, 4.48 rating), Host Extraordinaires (236 listings, 4.78 rating, 23,407 reviews), and StayLocal (178 listings, 4.74 rating). The top 5 operators collectively manage approximately 1,491 listings, representing about 9.6% of the estimated 15,600-listing market. The market remains fragmented, with the large majority of inventory held by individual operators.
Frequently Asked Questions About Nashville, Tennessee
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