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Nashville Rental Prices Up 6 Percent Over 2015

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Posted at 6:44 PM, May 01, 2016
and last updated 2016-05-01 19:44:15-04

As Nashville has continued to gain more than 30,000 new residents a year, the price to rent a place to call home has also been growing.

Apartment List released its annual National Rent Report Sunday, and it showed rental properties in Nashville cost six-percent more than this same time last year.

According to the report, on average people have been paying more than $1,000 a month for a one bedroom apartment and more than $1,300 a month for two bedrooms.

Reports said that may be due to the migration of millennials from pricier cities.

To learn more from Apartment List, click here.