Downtown, TN
Downtown Real Estate and Homes For Sale
NeighborhoodLearn about Downtown
What is Downtown Nashville known for?
Nashville isn’t the birthplace of country music, but it’s where the genre has put down the deepest roots; and downtown might as well be center stage. Perhaps the most famous of the Southeast’s iconic downtowns pulses with the energy of a Merle Haggard melody. It’s the main attraction for Nashville’s nearly 15 million visitors per year, the heart and soul of Music City. Downtown is more than just the bars on Broadway. The area between I-65 and the Cumberland River, terminating at Jefferson Street, includes eight distinct neighborhoods that each provide a different taste of downtown living. Between and within these residential areas is a seemingly endless collection of cultural hotspots, historical landmarks, and event spaces. Basically, whatever you’re looking for can probably be found in this signature southern city center.
Who is Downtown Nashville a good fit for?
Downtown Nashville offers a front-row seat to Music City’s famous action and entertainment. If you’re drawn to the everyday, energetic city vibes, then living downtown is perfect for you. Nashville’s vibrant city hub attracts many youthful professionals and singles. Living within the busy city center is also great for young couples without kids.
Homes for sale in Downtown
Pros & Cons of living in Downtown
Pros
- Accessible restaurants, bars, and live entertainment.
- Walkability
- Close proximity to city-wide events–Nissan Stadium, Bridgestone Arena, and the Ryman Auditorium.
Cons
- Not ideal for families or raising kids.
- Tourism is prevalent.
- Heavy traffic.
Pictures of Downtown
How to get around in Downtown
Nashville’s downtown neighborhood is very walkable. The city center offers a variety of entertainment options, and you won’t need to travel far for fun. Although not as common, depending on where you live and work, it can be possible to go without a car. The city’s primary form of public transportation is the WeGo bus system. The buses operate on a consistent schedule and run throughout many Nashville neighborhoods, including downtown.
Walk Score ®
Bike Score ®
Transit Score ®
Parks and Recreation in Downtown
Bicentennial Capitol Mall State Park lies within the center of Downtown Nashville. The park features 19 acres of beautiful greenery, along with Tennessee's historic Capitol building. This is also where you’ll find the Rivers of Tennessee Fountains, which includes 31 fountains representing major Tennessee rivers. Bicentennial Park hosts a number of festivals and activities, including the popular Nashville Farmers Market.
Riverfront Park
100 1st Ave N, Nashville, TN 37201
Riverfront Park runs along 1st Avenue Downtown and hosts Ascend Amphitheater, a dog run, art work and the Fort NAshborough replica
Walk of Fame Park
121 4th Ave S, Nashville, TN 37203
The Music City Walk of Fame Park is located across the street from The Country Music Hall of Fame. It is a pleasant park with a 'Walk of Fame' dedicated to Nashville favorites, and it is also a great place for hosting outdoor events and festivals.
Nashville Music Garden
400-498 Demonbreun St, Nashville, TN 37203
Nice little park across the street from the Country Music Hall of Fame.
Frankie Pierce Park
130 LifeWay Plaza, Nashville, TN 37203
Pocket park in Gulch area with volleyball court, play areas and dog run
Crime in Downtown
In the past year in Downtown there were 68% more assaults, 68% more burglaries, 24% more robberies, 65% more vehicle thefts compared to the national median.
Police presence is prevalent in Nashville’s downtown area. Several locals and tourists agree they feel safe throughout the city center. In an effort to keep residents informed and alert, Nashville’s metro police department also partners with CrimeMapping to disclose crime statistics throughout various Nashville neighborhoods, including downtown.
Cost of Living in Downtown
Living in the center of the action comes at a higher price. Dense metropolitan populations traditionally provide more opportunities and higher income. Unfortunately, these factors also increase demand and drive up overall costs.
Market trends by RentCafe note locals should expect to spend close to $1,800 for rent. The study goes on to reference that the average size of most units downtown is roughly 883 square feet. Most people within the area prefer renting over buying their homes. According to Niche, roughly 73% of the residents in Downtown Nashville are renters.
- Education costs 8.30% more than the national average.
- Entertainment costs 7.30% less than the national average.
- Food costs 1.5% more than the national average.
- In Downtown utilities costs 1.90% more than the national average.
- Healthcare costs 17.90% less than the national average.
Overall, Downtown’s cost of living is 0.5% more expensive than the national average.
Job Market of Downtown
6,858 Total Popultation
The median household income in Downtown is $46,954 and the average household income in Downtown is $59,008. 12.17% of the population people works in Accommodations, 12.17% works in Healthcare, and 11.28% works in Professional.
Real Estate Trends of Downtown
As the most developed real estate sector in Tennessee, Downtown Nashville offers a multitude of properties, many of which are surprisingly accessible to the average professional. Most of these are swanky highrise condos and flats built to maximize the area’s limited space. As long as you don’t require too much room, plenty of properties are available between $500,000 - $1,000,000.
Of course, these prices may vary based on the section of Downtown you’d like to call home. While you might find something particularly reasonable in some of the older apartment buildings a couple blocks off of Broadway, areas like The Gulch and SoBro (think snazzy new construction) often have a higher sales threshold. While downtown is centuries old, almost 70% of the residential construction has been built after 1999. That means lots of swanky new construction competing for residents, many of whom aren’t necessarily looking to turn their downtown home into an investment.
Renters are the rule in Downtown Nashville, as young professionals dip their toes in big city living. While the average downtown rent is almost $2,750 per month, it’s not unusual to find single-bedroom flats for under $1,700 per month—a price competitive with many other parts of Nashville. The only inconvenience is that Downtown Nashville’s living options are almost totally limited to condos and apartments; so if you crave a yard and extra space, you might want to try somewhere else in the city.
Reviews of Downtown
Share your opinion about Downtown with former, current and prospective residents.
“As a current resident of the downtown area”
As a current resident of the downtown area, this gives a great overview of what you can actually expect when living here. The location is very energetic and fun, but it is also loud. It is a great option for anyone who is new to Nashville or who just loves to be in the center of everything. I would not recommend Downtown for anyone with kids as it is not really kid/family-friendly.
- Unknown“Obviously downtown is for the tourists.”
Obviously downtown is for the tourists. There’s a lot of loud bars here. If that’s your scene go there. This would also be the place to own a condo that is centrally located. I only go downtown for shows at the Ryman and hockey games at Bridgestone. Live on the Green is also a great event. I think tourism would be such a turn-off for living in this area, but if you like going out to bars then it’s your spot.
- crosbydigitalmarketing2FAQs
What is life in Downtown Nashville like?
When living in Downtown Nashville, you can expect to be in the heart of the action. You’ll experience Nashville for what it’s most famous for - Live Music. The iconic Broadway strip and Honky Tonk bars are a hotspot for tourists. Living in Downtown Nashville offers plentiful entertainment and non-stop energy.
Why are homes in Downtown Nashville a good investment?
Whether you’re looking for a place to live or a place to rent out, there’s essentially no downside to owning property in Downtown Nashville. It’s the heartbeat of the city, so people will always want to live there. Builders have already responded to demand by offering an array of housing options, so this isn’t the kind of market where you can get in early and see exponential returns. Rather, it’s an established real estate landscape that sees predictable, steady returns on investment. Home values have increased by almost 7% over the past year, and market analysis suggests that the next twelve months will see a similar rate of appreciation. Essentially, the combination of quality properties and high demand ensures that downtown home values are almost always trending in the right direction.
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The data relating to real estate for sale on this website comes in part from the IDX or Internet Data Exchange Program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Felix are marked with the REALTRACS Internet Data Exchange Program logo. REALTRACS and Felix deem all information is believed to be accurate but not guaranteed and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation. © 2024 of the REALTRACS MLS. All rights Reserved.
