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AirDNA Data: US Tennessee Nashville

How is Nashville performing?

86

Great
Market Score

73

Investability

56

Rental Demand

40

Revenue Growth

61

Seasonality

47

Regulation

Annual Revenue

$43.3K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$350

+3%

past year

Revenue per Available Rental (RevPAR)

$186

+6%

past year

Nashville Performance Details

Total available listings

13,443

+3%

past year

Listings by rental channel

Channel

Airbnb (47%)

Vrbo (12%)

Both (41%)

Listings by rental size

Bedrooms

1 Bedroom (36%)

2 Bedroom (22%)

3 Bedroom (18%)

4 Bedroom (18%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (28%)

91-180 nights (13%)

181-270 nights (14%)

271-365 nights (45%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (11.2%)

Moderate (57.8%)

Strict (27.9%)

Super Strict (3.1%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (43.1%)

3 Nights (14.6%)

4-6 Nights (2.9%)

7-29 Nights (1.5%)

30+ Nights (37.7%)

What amenities do listings have?

Aircon

99%

Internet

99%

Wireless Internet

96%

Heating

93%

Kitchen

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
GoodNight Stay
2540.2%3204
4.66
AvantStay
2391.9%2012
4.79
Host Extraordinaires
2250.1%15552
4.78
Vacasa
169-0.2%3587
4.55
Big Sky Vacation Rentals
1520.2%14108
4.78

Occupancy

Occupancy Rate

53%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$4,333,259

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$53

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$53

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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