Renting your first apartment in the Nashville metro area means joining a large community of renters: about 288,500 of the area’s 829,100 occupied homes, or 34.8 percent, are rented, according to the U.S. Census Bureau’s 2020 to 2024 American Community Survey (Homzora Nashville dataset, Table B25003). The median gross rent is $1,528 a month (Homzora Nashville dataset, Table B25064).
This step by step guide walks first time renters through budgeting, saving for move in costs, applying, reading the lease, and protecting your deposit, with links to the local rules that apply.
Homzora is a housing research publisher, not a law firm. This article explains the law in plain English and is not legal advice for your situation.
Quick answers
- Median gross rent: $1,528 a month (Homzora Nashville dataset, Table B25064).
- Income to target: about $61,120 a year to keep the median rent at 30 percent of gross income.
- Cash to save: about $3,056 for first month’s rent and a one month deposit at the median.
- Deposit rule: Tennessee’s deposit statute sets no maximum deposit (Tenn. Code § 66-28-301).
Step 1: Set your budget
The U.S. Department of Housing and Urban Development treats housing costs above 30 percent of income as a cost burden (HUD Office of Policy Development and Research, CHAS Background). To use that guideline, multiply your gross monthly income by 0.30; the result is a rent budget that includes utilities. In this area, 51.4 percent of renter households with a computed ratio already spend 30 percent or more of income on gross rent (Homzora Nashville dataset, Table B25070), so a realistic budget matters.
Gross rent in Census data includes contract rent plus estimated utilities and fuels paid by the renter (U.S. Census Bureau, QuickFacts definition of gross rent). When you compare listings, add any utilities that are not included. Our salary guide shows the income needed for each apartment size (Homzora, Salary needed to live in Nashville).
Typical rents for first apartments
| Apartment size | Median gross rent | Income at 30 percent |
|---|---|---|
| Studio | $1,376 | $55,040 |
| 1 bedroom | $1,374 | $54,960 |
| 2 bedrooms | $1,489 | $59,560 |
These medians come from Census Table B25031 (Homzora Nashville dataset, Table B25031). Studios and one bedroom units are the most common first apartments, while a two bedroom shared with a roommate can lower the cost per person.
Step 2: Save for move in costs
Most landlords collect first month’s rent and a security deposit before move in, and some charge application fees, holding deposits, or pet fees. At the median rent, first month plus a one month deposit is $3,056. Our move in cost guide breaks down the full list (Homzora, Move in costs in Nashville).
Tennessee’s deposit statute sets no maximum deposit (Tenn. Code § 66-28-301). Tennessee requires deposits to be held in a separate account and sets inspection and notice rules for refunds (Tenn. Code § 66-28-301).
Step 3: Get your documents ready
- A government issued photo ID.
- Proof of income, such as recent pay stubs or an offer letter.
- Bank statements, if the landlord asks for proof of savings.
- Contact information for references, such as a previous landlord, employer, or professor.
- Information for a cosigner or guarantor, if you have limited credit or rental history.
First time renters often lack a rental history or a long credit file. Ask landlords up front whether they accept a cosigner or guarantor, and what that person must provide.
Step 4: Search safely
The Federal Trade Commission warns renters about listings with rent far below the area’s typical rent, excuses for not showing the property, pressure to decide quickly, requests for a deposit or fee before you have seen the home, and demands for payment by wire transfer, gift card, or cryptocurrency (Federal Trade Commission, Rental Listing Scams). See the unit in person or by live video tour with the landlord, confirm who owns it, and never pay before you sign a lease.
Step 5: Tour like an inspector
- Run the faucets and shower to check water pressure and hot water.
- Look under sinks and on ceilings for signs of leaks or mold.
- Test the locks on every door and window.
- Check that smoke detectors are present.
- Ask which utilities are included and how much the others usually cost.
- Ask how maintenance requests are submitted and how quickly they are handled.
Step 6: Read the lease before you sign
A lease is a binding contract. Read it in full and ask questions about anything unclear. Pay particular attention to these terms:
- Rent, due date, and late fees.
- Lease length and renewal terms, including how much notice the landlord gives before a rent change.
- Early termination, subletting, and what you owe if you leave early.
- Deposit terms, including what can be deducted.
- Repairs and entry, including how the landlord will give notice before entering.
- Fees, such as parking, trash, amenities, or pets.
Our local guides explain the rules for leaving a lease early (Homzora, Breaking a lease in Nashville) and for rent increases (Homzora, Nashville rent increase rules) where you rent.
Step 7: Document the unit at move in
On move in day, photograph and video every room before you unpack, complete any condition checklist the landlord provides, and keep a signed copy. These records are your best protection when you move out. Our deposit guide explains the deduction rules and refund deadlines that apply (Homzora, Nashville security deposit law).
Step 8: Set up utilities and insurance
Contact utility providers a few weeks before move in, and ask whether a deposit is required. If your lease requires renter’s insurance, buy the policy before move in and keep proof of coverage. Even when it is not required, renter’s insurance can protect your belongings and cover personal liability.
Know your rights
The federal Fair Housing Act prohibits discrimination in renting because of race, color, religion, sex, familial status, national origin, or disability (42 U.S.C. § 3604), and HUD accepts complaints (HUD, File a Complaint). State and local laws add protections on deposits, repairs, and notice, which our local guides summarize (Homzora, Nashville security deposit law; Homzora, Breaking a lease in Nashville; Homzora, Nashville rent increase rules).
Help in Nashville
The Legal Aid Society of Middle Tennessee and the Cumberlands provides free civil legal help to eligible residents (Legal Aid Society of Middle Tennessee and the Cumberlands). For rental assistance programs, call 211 or visit 211.org.
About the data
Rent and tenure figures are 2020 to 2024 American Community Survey 5 year estimates published in the Homzora Nashville data library. They describe the metro area, not only the central city. Current asking rents for newly listed units are often higher than these long term medians.
Living with roommates
If you share your first apartment, put your agreement in writing before you move in. Cover how rent and utilities will be split, who pays the landlord, how the deposit will be divided at move out, quiet hours, guests, cleaning, and what happens if one person wants to leave early. If all roommates sign the lease, each may be responsible for the full rent if another stops paying, so choose roommates carefully.
Building a good rental history
Your first lease starts the rental history future landlords will check. Pay rent on time, keep copies of receipts or bank records, report maintenance problems promptly in writing, and leave the unit clean at move out. A reference from a landlord who can confirm on time payments makes your next application much stronger.
Communicating with your landlord
Put important requests in writing, such as repair requests, questions about charges, and notices about moving out. Email or a tenant portal creates a dated record. Keep messages short and specific, describe the problem and when it started, and attach photos when they help. Polite, written communication resolves most issues and protects you if a dispute arises.
Budgeting for the first month
Move in cash covers the upfront payments, but the first month in a new home brings other costs: groceries to restock the kitchen, cleaning supplies, small furniture, and sometimes a gap between paychecks. Setting aside a cushion beyond the amount due at signing makes the transition far less stressful.
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Plan household purchases around your budget
Make a list of what you already own and what you still need. If you decide to buy, compare dimensions, delivery costs and return terms, and keep purchases within your move-in budget.
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Beyond rent: the rest of the budget
The 30 percent guideline leaves 70 percent of gross income for everything else, including taxes, transportation, food, child care, health costs, debt payments, and savings. A household with a long commute, a car payment, or student loans may find that 30 percent of income is more than it can comfortably spend on rent. Building a full monthly budget, with each of these costs listed, gives a more reliable answer than any single rule of thumb.
Frequently asked questions
How much should I make to rent my first apartment?
About $61,120 a year keeps the median gross rent of $1,528 at 30 percent of gross income (Homzora Nashville dataset, Table B25064).
How much money should I save before I move?
At least $3,056 for first month’s rent and a one month deposit at the median, plus application fees, utilities, and moving costs (Homzora, Move in costs in Nashville).
Can I rent with no credit history?
Many landlords will consider a cosigner or guarantor, a larger deposit where the law allows, or proof of savings. Ask each landlord what it accepts before you apply.
Sources
- Homzora Nashville dataset, Table B25003
- Homzora Nashville dataset, Table B25064
- Tenn. Code § 66-28-301
- HUD Office of Policy Development and Research, CHAS Background
- Homzora Nashville dataset, Table B25070
- U.S. Census Bureau, QuickFacts definition of gross rent
- Homzora, Salary needed to live in Nashville
- Homzora Nashville dataset, Table B25031
- Homzora, Move in costs in Nashville
- Federal Trade Commission, Rental Listing Scams
- Homzora, Breaking a lease in Nashville
- Homzora, Nashville rent increase rules
- Homzora, Nashville security deposit law
- 42 U.S.C. § 3604
- HUD, File a Complaint
- Legal Aid Society of Middle Tennessee and the Cumberlands
- 211.org
- Homzora Nashville data library