Airbnb Short term Rental Market Data Analysis
Nashville, Tennessee
Updated on Sep 2026Nashville runs on group travel - bachelorette parties, live music and conventions. It carries the highest nightly rate of the markets we track here, but Metro's permit rules cap how big a property you can legally run, and where you can run it at all.
Annual Revenue
$48.6K
Occupancy Rate
43%
Average Daily Rate
$346
Total Active Listings
13,820
Market averages, not top-quartile figures. Year-on-year: Revenue −6.1%, ADR −6.0% and RevPAR −9.8% year-on-year.
Run a complete market analysis for last 24 months. Data trends covering Revenue, Average Daily Rate, RevPAR, Occupancy, Booking lead time, length of stay and more. Uncover critical data insights around Booking Patterns, Seasonality Map, Pricing trends and more
Occupancy Overview
Booking Pattern
Seasonality Map
Plus more inside
Regulations
Every short-term rental in Nashville needs an annual permit from Metro Codes before it can go live, and stays are capped at 30 consecutive days with no compensation allowed for anything under 24 hours. Zoning decides what kind of permit is even possible: new non-owner-occupied permits are banned outright in the city's standard residential zones (AR2A, R, RS, RM) and only allowed as a conditional use in certain mixed-use and commercial-adjacent districts. Existing non-owner-occupied permits in those restricted zones can still renew, but they don't transfer if the property sells. Both permit types cap out at four sleeping rooms rented to one party at a time. The paperwork is heavier than most cities on this list: single- and two-family homes need a licensed architect, engineer, or inspector to certify code compliance, multi-family buildings need a Fire Marshal inspection instead, and owner-occupied applicants have to submit proof of residency. The responsible party has to be reachable 24/7 and live within 25 miles of the property. Applicants now also have to sign an attestation confirming the rental won't violate any HOA or condo covenant. Nashville rebuilt its online permit system in March 2026.
Consultant’s take on Nashville Market
Superior execution is worth paying for here if its incremental annual cost is below USD 30,796, but a new host should prioritize closing the occupancy gap before trying to command the full rate premium.
- • The gap: Across 2025-08 through 2026-07, median monthly revenue (p50) averaged USD 2,931. The top quartile threshold (p75) averaged USD 5,498, a USD 2,566 monthly increase or 88% above median. The top decile threshold (p90) averaged USD 9,476, a USD 6,544 monthly increase or 223% above median.
- • How the gap is built: Median occupancy averaged 49%, versus 70% at the top quartile threshold and 84% at the top decile threshold. Median ADR averaged USD 200, versus USD 341 at the top quartile threshold and USD 550 at the top decile threshold. The rate gap does more of the work numerically, with the top quartile ADR threshold 71% above median versus a 21 percentage point occupancy advantage.
- • What it is worth to you: Reaching the USD 5,498 top quartile monthly revenue See more
Get Clear Insights and suggestions
for Nashville, Tennessee
- Is the Nashville market growing or slowing down?
- What are the amenities on a high performing property in Nashville?
- What are the key areas to focus on my property?
- How should I adjust my prices for October?
Explore Other Markets
Get live Nashville market data
Filter by bedrooms and guest capacity, compare sub-markets and read the AI Real Estate Consultant view for Nashville, Tennessee.
Analyze Nashville