It has been a tradition for several years now to have our summer interns write an article about their hometowns to provide on-the-ground context for our international audience, and this year we are fortunate to have Kayla Lin from the University of Tennessee as our intern.
If you’ve been tracking the U.S. real estate market, you might be surprised that Nashville, Tennessee, not just Austin or Miami, is making waves with property investors. But here’s the twist: it’s not just a music town anymore. It’s a money town. And if you’re an international investor seeking your next high-yield property or appreciating asset, let me take you on a brief insider’s tour of the city I call home.
Southern Comfort Meets Economic Powerhouse
As someone who lives here, I’ve seen the growth firsthand. We’re talking massive population growth, a surging tech and healthcare economy, and major corporate relocations (think Amazon, Oracle, Mitsubishi Motors North America). Since 2010, the metro area has added over 500,000 people, and the influx hasn’t slowed. More people mean more demand for housing, rentals, and retail.
Nashville is receiving a significant amount of investment from both the government and private companies. New roads and public transportation projects are being built, while older neighborhood like Wedgewood-Houston are undergoing updates, and large new developments like Nashville Yards are transforming the city’s landscape. All of this is helping increase property values.
Rental Yield? It’s Music to Your Wallet
Nashville has one of the strongest rental markets in the Southeast. Why?
- Over 100 people move here per day
- Median rent is $1,800+, with short-term rental rates often hitting $4,000/month in tourist-heavy districts
- Over 60% of the population rents and demand is far outpacing the supply
When you combine rising home values, over 30% in some areas since 2020, with strong rental demand, it’s easy to see why Nashville is becoming a favorite for smart property investors.
Where to Buy? Follow the Locals (and the Californians)
Just like in Austin, we’re seeing a fascinating migration pattern. New Yorkers and Bostonians love Germantown and The Gulch, with their walkable vibes and luxury condos. Meanwhile, Californians are flocking to Brentwood and Franklin, with rolling green hills that resemble the charm of Northern California suburbs, just without the hefty tax bill.
The Gulch is one of the more modern parts of town, popular with young professionals. It’s walkable, filled with restaurants and shops, and has a variety of newer condo buildings. Germantown has a more historic feel, with a mix of old and new homes, tree-lined streets, and easy access to downtown. It’s a quieter, more residential alternative that still offers strong rental potential.
East Nashville has grown rapidly over the past decade and remains a favorite for creatives, remote workers, and younger buyers. While it’s more laid-back than the city center, it has its local businesses, restaurants, and parks that give it a distinct character. Investors here often look at single-family homes or smaller multifamily properties, which continue to see strong demand.
Green Hills, located just southwest of downtown, is another highly desirable neighborhood, especially for families and international buyers focused on education. It’s home to some of the city’s top public and private schools, and it’s just a short drive from Vanderbilt and Belmont Universities. The area also features The Mall at Green Hills, boutique shopping, and a variety of upscale dining options. With its quiet, suburban feel and central location, Green Hills strikes a balance between lifestyle and investment value.
I live just south of Nashville and can tell you firsthand: Brentwood and Franklin are gems. With top-rated schools, spacious homes, and a calm, upscale feel, it’s a favorite for families and professionals alike, especially those relocating from high-cost cities like San Francisco or New York.
Nashville’s neighborhoods offer a range of options, from walkable city living to quieter residential streets, all within reach of the economic activity and cultural life that continue to drive demand. Whether you’re buying to live, rent, or support a child studying in the U.S., there’s likely a part of Nashville that fits.
More Than Just Money, It’s a Lifestyle Investment
Nashville isn’t just a city, it’s a vibe! Locals call it “The Athens of the South.” We’ve got:
- Live music 365 nights a year (yes, even Mondays)
- State parks and lakes within 20 minutes of downtown
- No state income tax and low property taxes
- Foodie heaven status, from biscuits and brisket to James Beard-nominated chefs
For the right investor, it’s not just about spreadsheets and cap rates. It’s about investing in a city that people love to live in, and that love pays dividends. When a place draws people in with its culture, community, and opportunities, demand remains strong through market cycles. Nashville offers that rare mix of economic fundamentals and livability that keeps both tenants and long-term value on your side.
Fast Facts: Nashville By the Numbers
- Nashville home prices: ~$560K median; ~$340/sq ft
- Rental occupancy: 96%+ in most multifamily properties
- Top employers: HCA Healthcare, Vanderbilt, Amazon, Oracle
- Brentwood average home: $950K; 8%+ annual appreciation
- Short-term rental yields: 8-12% gross in tourist zones
Final Chord
Whether you’re an international investor seeking yield, a family office looking for appreciation, or just someone who loves country music and cash flow, Nashville deserves a long, hard look. I can tell you firsthand: the vibe is right, the fundamentals are strong, and the city still has room to grow.
So, What are You Waiting For?
America Mortgages provides U.S. mortgage solutions to U.S citizens and other international investors. Their programs are built specifically for non-residents and supported by a team that understands global financial needs.
Contact: [email protected]
Website: www.americamortgages.com
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