Nashville, TN Airbnb Market Data, Statistics, and Occupancy Rates

Nashville Short-Term Rental Market Overview

Nashville remains one of the most recognizable short-term rental markets in the Southeast, with 4,133 active Airbnb listings and an average annual revenue of $38,734 per property. An ADR of $218 sits below the Tennessee state average of $309, but the market compensates with above-state-average occupancy at 32% versus 29%. With an ROI score of 59 out of 100, the market signals an attractive opportunity where healthy demand and revenue keep pace with property values that average $758,548.

Key Market Statistics

According to Rabbu market data, the Nashville short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Nashville

Nashville draws STR investors because of its deep, diversified demand base spanning music tourism, conventions, bachelorette parties, and corporate travel — all of which contribute to above-average occupancy stability.

Expert Market Assessment

"Nashville presents an attractive but competitive opportunity for STR investors. The extended high-revenue season — stretching from March through October, with October peaking at $4,055 — gives operators roughly eight months of strong cash flow before a softer winter period. However, the 131% year-over-year listing growth is a factor worth monitoring, as the supply-demand balance currently sits at an average level. Investors who differentiate through premium amenities, strategic pricing, and targeting larger group accommodations are best positioned to outperform the market average."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Nashville

Average revenue by month in Nashville

Nashville's revenue peaks in October at $4,055 and bottoms out in January at $1,531, creating a 2.6× seasonal spread that reflects the city's event-driven spring and fall tourism alongside a quieter winter. The broad plateau of strong months from March through October means operators enjoy roughly eight months of above-average revenue, softening the impact of the slower winter period.

Active Airbnb listings by property size in Nashville

One-bedroom listings dominate supply with 1,153 units, followed by 2-bedrooms (972) and 4-bedrooms (900), while 5-bedroom properties are notably scarce at just 33 listings. The thin supply of 5-bedroom homes relative to their strong revenue potential ($6,356/month) could represent a gap worth targeting for investors seeking less competition.

Average daily rate (ADR) by property size in Nashville

ADR rises steeply with bedroom count, from $126 for 1-bedroom units all the way to $582 for 6+ bedroom properties — a 4.6× premium. The sharpest jump occurs between 4-bedroom ($306) and 5-bedroom ($383) listings, suggesting that each additional bedroom in the larger-property segment adds meaningful pricing power.

Average RevPAN by property size in Nashville

RevPAN climbs steadily from $40–$41 for studios and 1-bedrooms to $212 for 6+ bedroom properties, confirming that larger units generate significantly more revenue per available night even after accounting for occupancy. Five-bedroom properties deliver $130 in RevPAN — a strong middle ground between the ultra-high-revenue 6+ category and the more accessible 4-bedroom segment at $96.

Average occupancy rates by property size in Nashville

Occupancy remains remarkably flat across property sizes, ranging from 31% to 37%, with 6+ bedroom properties leading at 37% and 5-bedrooms close behind at 34%. This consistency means that revenue differences between property sizes are driven almost entirely by ADR rather than occupancy, giving investors confidence that larger properties won't sit empty more often.

Average monthly revenue by property size in Nashville

Monthly revenue scales dramatically with size — studios earn $1,945 while 6+ bedroom homes generate $10,624, more than five times as much. The jump from 3-bedroom ($3,360) to 4-bedroom ($4,651) represents an especially compelling step-up in revenue that investors should weigh against the incremental acquisition cost.

Average annual revenue by property size in Nashville

On an annual basis, 6+ bedroom properties lead at $127,491 — over three times the market average of $38,734 — while 4-bedroom homes at $55,815 offer a strong return potential without requiring the operational complexity of the largest units. Studios and 1-bedrooms cluster near $23,000–$25,000 annually, which may challenge profitability given Nashville's $758,548 average home value unless investors find below-market acquisition opportunities.

Most common amenities for Airbnb listings in Nashville

Parking (97%), kitchen (95%), and self check-in (93%) are virtually standard across Nashville listings, meaning they're table stakes rather than differentiators. Amenities like pools (18%), pet-friendliness (27%), and EV chargers (8%) represent lower-penetration features that could help a property stand out in search results and command premium rates.

Understanding Nashville's ROI Score: 59/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Nashville's ROI score of 59 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where demand fundamentals are sound but not without caveats. Above-average occupancy stability is the standout factor, while revenue-to-price ratio, market growth trend, and supply-demand balance all sit at average levels — suggesting returns are achievable but depend on smart property selection and operational execution. Investors should pair this data with thorough local regulatory research, especially given Nashville's evolving permit landscape, to fully assess their risk-adjusted return potential.

Short-Term Rental Regulations in Nashville

Understanding local STR regulations is essential before investing in Nashville. Here's the current regulatory landscape:

Permit Requirements

Nashville, Tennessee requires short-term rental operators to obtain a permit before listing their property, and the city distinguishes between owner-occupied and non-owner-occupied STRs with different rules for each. Investors should verify current permit availability and application requirements directly with the Metro Nashville government, as regulations have evolved in recent years.

Key Restrictions

Common restrictions in Nashville include limits on the number of non-owner-occupied permits in certain areas, occupancy caps tied to property size, noise ordinances, and parking requirements for guests. HOA covenants may impose additional restrictions, and investors should confirm that any property they're considering is eligible for an STR permit before purchasing.

Tax Obligations

Short-term rental operators in Tennessee are typically subject to state sales tax and local occupancy taxes, which platforms like Airbnb often collect and remit on behalf of hosts. Investors should confirm their specific obligations with a tax professional familiar with Davidson County and Tennessee state requirements.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Nashville can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Nashville's short-term rental market is expected to sustain steady demand driven by its well-established tourism and entertainment appeal. Monthly revenue data shows strong performance from March through October, suggesting operators can anticipate RevPAN holding in the $65–$75 range on an annualized basis. Listing growth has been substantial at 131% year-over-year, so investors should watch supply closely — if new inventory continues at this pace, ADR and occupancy could face moderate downward pressure. That said, above-average occupancy stability suggests the market's demand floor remains resilient enough to absorb additional supply in the near term."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Nashville, TN

What is the average Airbnb occupancy rate in Nashville?

The average occupancy rate for Airbnb listings in Nashville is currently 32%, which outperforms the Tennessee state average of 29%. Occupancy is relatively consistent across property sizes, ranging from 31% for studios and 3–4 bedroom units up to 37% for 6+ bedroom properties. This above-average stability suggests Nashville benefits from diversified demand sources rather than relying on a single seasonal driver.

How much do Airbnb hosts make in Nashville?

Nashville Airbnb hosts earn an average of $3,227 per month and $38,734 per year based on trailing 12-month performance data. Revenue varies significantly by property size — studios and 1-bedroom units average around $1,945–$2,067 per month, while 4-bedroom properties bring in approximately $4,651 monthly and 6+ bedroom homes can earn as much as $10,624 per month. Larger properties clearly command a premium in this group-travel-friendly market.

Is Nashville a good market for Airbnb investment?

Nashville scores 59 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from above-average occupancy stability and a long peak season running from March through October. That said, the revenue-to-price ratio and supply-demand balance are both at average levels, with home values averaging $758,548 and significant listing growth of 131% year-over-year. Investors who target the right property size and price point — particularly larger homes that command higher nightly rates — have a strong chance of generating competitive returns.

What is the average daily rate (ADR) for Airbnb in Nashville?

The average daily rate across all Nashville Airbnb listings is $218, which is below the Tennessee state average of $309. ADR scales significantly with property size: studios and 1-bedroom units sit around $126–$129, 3-bedroom properties average $223, and 6+ bedroom homes command an impressive $582 per night. This tiered pricing structure reflects Nashville's strong group-travel demand for larger accommodations.

Are short-term rentals legal in Nashville?

Short-term rentals are legal in Nashville, Tennessee, though they are subject to a permitting process and various regulations. The city differentiates between owner-occupied and non-owner-occupied rentals, each with its own requirements. Regulations in Nashville have been updated over the years, so investors should verify current permit availability, zoning eligibility, and compliance requirements directly with Metro Nashville authorities before purchasing a property.

When is peak season for Airbnb in Nashville?

Nashville's peak season for Airbnb revenue runs from March through October, with October being the top-earning month at $4,055 in average revenue. March ($3,966) and May ($3,884) are also standout months, likely driven by spring events and festivals. The softer months are January ($1,531) and December ($2,206), creating a roughly 2.6× spread between peak and off-peak months — a manageable level of seasonality for operators who price strategically year-round.

How many Airbnbs are there in Nashville?

Nashville currently has 4,133 active Airbnb listings as of April 2026. The supply is well-distributed across property sizes, with 1-bedroom units (1,153 listings) and 2-bedroom units (972 listings) making up the largest segments. Notably, 4-bedroom properties (900 listings) represent a surprisingly large share of the market, reflecting Nashville's popularity with groups. Year-over-year listing growth stands at 131%, indicating substantial new supply entering the market.

How is Airbnb revenue calculated in Nashville?

The annual and monthly revenue figures for Nashville are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate the results into a market-level historical average. This methodology anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks (like October at $4,055) and slower months (like January at $1,531), because each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts by market and property size
• Average daily rate, occupancy, and RevPAN metrics benchmarked against state averages
• Monthly and annual revenue trends based on trailing 12-month historical booking data
• Property value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to identify guest expectations and differentiation opportunities

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations and permit availability are subject to change; always verify current rules with Nashville and Tennessee authorities before purchasing. Individual property results will vary based on location, quality, pricing strategy, and management approach.