Manageable

What Salary Do You Need to Live in Nashville-Davidson metropolitan government (balance)?

To afford a 2-bedroom in Nashville-Davidson metropolitan government (balance), you need to earn at least $67,080/year based on estimated fair market rent data. The median household income here is $71,328, which means the typical resident is $4,248 above the threshold.

Census ACS Data Pop. 684,103

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,174	$3,913	$46,960	$-24,368
1 Bedroom	$1,392	$4,640	$55,680	$-15,648
2 Bedroom BENCHMARK	$1,677	$5,590	$67,080	$-4,248
3 Bedroom	$2,046	$6,820	$81,840	+$10,512
4 Bedroom	$2,516	$8,387	$100,640	+$29,312

Affordability Breakdown

Where the required salary line crosses above Nashville-Davidson metropolitan government (balance)'s median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$71,328

Annual household

2BR Required Salary

$67,080

Under 30% rule

Income Gap

+$4,248

Surplus

Verdict

Manageable

Ratio: 28.2%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Nashville-Davidson metropolitan government (balance)

Your Annual Salary

Pre-filled with Nashville-Davidson metropolitan government (balance)'s median household income

Max monthly rent you can afford$1,783

Studio

$1,174/mo

1 BR

$1,392/mo

2 BR

$1,677/mo

3 BR

$2,046/mo

4 BR

$2,516/mo

Your salary is $0 above the median income in Nashville-Davidson metropolitan government (balance).

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Nashville-Davidson metropolitan government (balance)'s median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Nashville-Davidson metropolitan government (balance)

Nashville-Davidson metropolitan government (balance) is borderline manageable — the difference between required salary and median income is just $4,248. This means most households can technically afford a 2-bedroom, but have very little breathing room for savings or emergencies.

Downsizing to a 1-bedroom ($1,392/month) or studio ($1,174/month) materially improves the math. For those needing more space, a 3-bedroom in Nashville-Davidson metropolitan government (balance) pushes the required income to $81,840.

For comfortable living in Nashville-Davidson metropolitan government (balance) without financial stress, target a household income of at least $100,620 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Tennessee's cost of living.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Nashville-Davidson metropolitan government (balance), Tennessee.

With a total population of 684,103, the city supports an active civilian workforce of 382,791 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $67,080 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

382,791

Active civilian employees in Nashville-Davidson metropolitan government (balance)

Frequently Asked Questions About Renting in Nashville-Davidson metropolitan government (balance)

What salary do I need to live in Nashville-Davidson metropolitan government (balance), Tennessee?

To afford a 2-bedroom in Nashville-Davidson metropolitan government (balance) under the 30% rule, you need an annual salary of at least $67,080. The median household income in Nashville-Davidson metropolitan government (balance) is $71,328.

Can I afford a 2-bedroom in Nashville-Davidson metropolitan government (balance) on $71,328?

The affordability verdict for Nashville-Davidson metropolitan government (balance) is "Manageable". The rent-to-income ratio is 28.2%, meaning median earners have a $4,248 surplus.

What is the average rent in Nashville-Davidson metropolitan government (balance) compared to median income?

The median gross rent in Nashville-Davidson metropolitan government (balance) is $1,392/month. With a median household income of $71,328, residents spend approximately 28.2% of their income on rent.

What salary do I need for a studio in Nashville-Davidson metropolitan government (balance)?

A studio in Nashville-Davidson metropolitan government (balance) rents for approximately $1,174/month. Under the 30% rule, you need an annual salary of $46,960 to afford this.

Is Nashville-Davidson metropolitan government (balance) considered an affordable place to live?

Based on the surplus of $4,248 and an affordability verdict of "Manageable", Nashville-Davidson metropolitan government (balance) is considered a manageable rental market when comparing the required 2-bedroom salary of $67,080 to the local median household income.

How Nashville-Davidson metropolitan government (balance) Compares

Other cities in Tennessee with salary requirements