Splitting Rent in Nashville, TN
Nashville is rising fast in every sense. The metro's two-bedroom median sits near $1,827, with a one-bedroom around $1,650, and that two-bedroom figure jumped nearly 13% from FY2024 to FY2025, one of the biggest year-over-year leaps among major metros as population growth outran supply. Roommates here are splitting a moving target.
The market also turns over a lot. Nashville's entertainment and healthcare industries pull in a mix of young professionals and touring musicians, so mid-lease roommate changes happen more often than in steadier cities. Tennessee's loose deposit rules make a written agreement that tracks each person's contribution especially worth setting up.
Median rent in Nashville, TN
| Bedroom type | Median monthly rent |
|---|---|
| 1 bedroom | $1,650/mo |
| 2 bedroom | $1,827/mo |
| 3 bedroom | $2,308/mo |
Source: HUD Fair Market Rents FY2025 (as of 2024-10).
Fair ways to split the $1,827.00/mo two-bedroom
Splitting in a fast-climbing market
An even split of an $1,827 two-bedroom is roughly $913 each, and three roommates land near $609 a person. Because Nashville rents have risen so sharply, locking a lease can mean paying less than a new listing nearby, so the split you agree to today may quietly become a bargain over the lease term.
When the rooms differ, weight the split toward the larger or better one instead of halving by reflex. A calculator keeps both shares totaling $1,827, so a fair weighting never accidentally leaves the rent under- or over-collected.
A transient market needs tighter paperwork
Touring musicians and mobile young professionals mean Nashville roommate setups can change mid-lease more often than in other metros. Build subletting and replacement-roommate terms into the agreement from the start, including how a departing roommate's deposit share comes back to them.
Tennessee is unusual in setting no fixed deadline to return a deposit — the standard is a vague 'reasonable time,' and there's no statutory cap on the amount either. In a market with this much turnover, that puts the burden on you: name the deposit total and each person's share in the lease or a side agreement, note the condition of the place at move-in with photos, and you remove most of the ambiguity a 'reasonable time' standard leaves open.
Local notes for Nashville renters
- Tennessee does not set a statutory cap on security deposit amounts, and state law does not specify a fixed return deadline — landlords are expected to return deposits within a reasonable time, making a written roommate agreement that tracks each person's deposit contribution especially useful.
- Nashville's entertainment and healthcare industries attract a mix of young professionals and touring musicians, creating a lively but sometimes transient roommate market where mid-lease turnover is more common than in other metros.
- The city's two-bedroom FMR rose nearly 13% from FY2024 to FY2025 — one of the largest year-over-year jumps among major metro areas — reflecting strong population growth and demand outpacing supply.
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Start freeQuestions
- How much is rent per person for a Nashville two-bedroom?
- Nashville's two-bedroom median near $1,827 splits to about $913 each for two roommates or roughly $609 a person for three. With rents climbing fast, a lease you sign now may end up below new listings on the same block.
- What are Tennessee's security deposit rules?
- Tennessee sets no cap on the amount and no fixed return deadline, only a reasonable-time standard. That looseness makes a written roommate ledger of each person's deposit contribution especially important in Nashville.