I have personally closed over 550 Airbnbs in Nashville. More than any other agent in this city’s history. So when I started building this dataset, I was not doing it for a blog post. I was doing it because clients keep asking me the same question: which Nashville buildings actually rent like an Airbnb, and which only look like one in the listing photos? I needed one place to point them.
What follows is three years of MLS-recorded closed sales across the 31 Nashville buildings I consider Airbnb-eligible. June 2023 through June 2026. Every transaction, every neighborhood, every price-per-foot tier, with the same lens applied: does the building carry a NOOSTR or qualifying OOSTR permit under Nashville Metro Code Title 17, and is the product actually built for nightly-rental use.
A few things surprised me. East Nashville is now both the velocity leader and the dollar-volume leader, not just one or the other. Downtown commands the price-per-foot premium I expected, but the spread between the cheapest qualifying building and the most expensive is wider than most investors realize. And Alora, the East Nashville building where I represent the developer, just delivered the single most expensive Airbnb-eligible closing in Nashville so far in 2026. Below is what the numbers say, where I would put new money today, and what I am watching for the next quarterly refresh.
How did I build this dataset?
I pulled every closed sale from RealTracs MLS between June 1, 2023 and June 4, 2026 where the subdivision field mapped to one of the 31 buildings on my Airbnb-eligible list. Subdivision names get normalized to one canonical building, so “Modernest WeHo,” “Modernest @ WeHo,” and “The Modernest WeHo” all collapse to a single bucket. Geographic scope is a five-mile radius from Lower Broadway, the corridor that drives Nashville’s short-term rental demand. Every building included carries NOOSTR or qualifying OOSTR permits under Nashville Metro Code Title 17. I excluded the Modernest GulchView project from headline figures because its data layer is still thin (too few closed sales to draw any conclusion you would want to invest behind). Eight buildings in the set have zero closed sales because they are pre-construction or active-inventory only and have not hit a resale cycle yet: Heritage at Broadway, Allegro, Modernest WeHo, VOCE, The Jesse, plus three others.
Which Nashville Airbnb buildings drove the most closed-sale volume?
Starlet East ran away with it. Nineteen closed sales over the trailing three years at a $450,000 median, the highest single-building close count in my Nashville Airbnb dataset. The rest of the top three (Hyve at 18, Odyssey at 15) are the same two midtown workhorses that have been doing this for years. Those three buildings alone account for 47 percent of every Airbnb-eligible closed sale I tracked. The next tier (Skyline, Illume, Vistas at Katie Hill, Muse, Musica) sits in the five-to-ten closes range and represents a real second-tier you can buy into without paying the top-of-market premium for product. After that the tail drops fast.
Browse active Nashville Airbnb-eligible listings
If you want to skip the rest of the analysis and see what is actually available right now across the buildings above, here is the live MLS feed. Filtered to Airbnb-eligible product in the five-mile downtown core, updated continuously.
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See all Nashville Airbnb listings →
How does dollar volume break down by neighborhood?
East Nashville is the surprise. It runs the table on both velocity and dollar volume: $34.4 million across 50 closed sales, more than Downtown ($22.6M / 24 sales) and Midtown ($16.2M / 20 sales) combined. Three years ago this would have been a contrarian call. Today it is the obvious one if you can find the product. Downtown still dominates on price-per-foot, but East Nashville is where the working-investor money is actually moving. Median sale price in East Nashville runs around $688K and the median property closes in 14 days. That speed-to-close is what most underwriting models miss because they are calibrated to the older, slower Downtown comps.
Why are East Nashville’s $1M+ townhomes selling so fast?
Three projects deserve their own paragraph: Alora, Lucy Nashville, and Vistas at Katie Hill. All East Nashville. All purpose-built for NOOSTR investor use with rooftop decks, three- and four-bedroom floor plans, and the same architectural language you see on a high-end Airbnb listing photo. Alora is where I represent the developer, and the building just delivered the single most expensive Airbnb-eligible closing in Nashville so far in 2026: a $1.4 million unit that closed at $545 per square foot. Lucy has moved three units at a $925K median and Vistas has moved six at a $1.1M median. The thesis here is simple. Tourists pay a premium for design-forward four-bedroom product within walking distance of the bars on Main Street, and the underwriting math holds up at higher acquisition price points because the achievable nightly rate keeps pace.
Which Nashville Airbnb buildings command the highest dollar per square foot?
Muse is the price-per-foot leader at $819 median, followed by Hyve at $816 and Starlet East at $766. Skyline anchors the value end at $312, which is roughly 38 percent of where Muse trades. The spread is product type and target nightly rate, not anything mystical about the address. A two-bedroom Muse unit and a two-bedroom Skyline unit are doing different jobs for different investor profiles. Do not read the leaderboard as a quality ranking. Read it as a positioning map. The cheapest $/SF building is not a worse Airbnb investment than the most expensive. It is a different bet on what kind of guest you are trying to capture and how much volume of nights you need to make the math work. The full underwriting playbook lives in my Nashville Airbnb pro forma guide.
What does the current Nashville Airbnb pipeline look like?
Pipeline is crowded right now. As of this morning I am tracking 124 active listings across the 31 buildings worth a combined $103 million in asking price, plus another 73 properties under contract. Heritage at Broadway alone has 33 active units. VOCE has 308 units coming in Fall 2027. The Jesse is delivering this month with 58 East Nashville units that will hit the resale market over the next twelve months. None of this is theoretical inventory. These are buildings with certificates of occupancy or active construction permits where the units will trade in the next six to twenty-four months. If you are building a portfolio thesis around Nashville Airbnbs, this is the supply curve you are underwriting against.
What will I be watching for the next quarterly refresh?
Three things. First, whether East Nashville velocity holds through the back half of 2026. Fifty closes in three years is a fast pace and supply is starting to catch up. Second, whether Heritage at Broadway can absorb its 33-unit active stack without dragging the Downtown $/SF average down, since the building’s asking prices skew premium. Third, the underwriting math on $1M+ product in East Nashville. If Alora’s $1.4M record holds as a real comp and not an outlier, the whole top end of the East Nashville thesis re-rates. I refresh this dataset every quarter and update the post here. Bookmark it.
Which of these Nashville Airbnb buildings should I look at first?
Five buildings I would send a serious investor to today, in priority order based on what the data above is telling me. Each links to my deep-dive page with active inventory, recent comps, and the developer or HOA details I have collected.
Alora Nashville
East Nashville. 2026 record holder. $1.4M / $545 PSF top closing. I represent the developer.
Lucy Nashville
East Nashville. Three closes at $925K median. Design-forward four-bedroom product on Main.
Vistas at Katie Hill
East Nashville. Six closes at $1.1M median. Townhome product with NOOSTR permits.
Starlet East
East Nashville volume leader. 19 closes, $450K median, 0-day median DOM.
Hyve Nashville
Midtown workhorse. 18 closes at the $/SF premium tier. Walkable to Broadway.
TLDR
I have personally closed more Nashville Airbnb transactions than any other agent in this city’s history. Over 550 units and counting. That is the reason I track every Nashville building that can legally operate as a short-term rental, and the reason I am the one publishing this dataset.
The list is 31 individually-tracked Airbnb-eligible buildings as of June 2026. Over the past three years those 31 buildings produced 111 closed sales worth $86.6 million in dollar volume. The median sale price was $670,000 and the median property closed in 28 days. Five buildings drove more than 60 percent of the closed volume. East Nashville is where both the velocity and the dollar volume sit. Downtown is where the price-per-foot premium sits. Midtown / Music Row anchors the mid-tier.
The pipeline behind that historical volume is crowded right now: 124 active listings worth $103 million, plus 73 properties under contract waiting to close. And Alora, the East Nashville building where I represent the developer, delivered the single highest-priced Airbnb-eligible closing in Nashville so far in 2026.
About Grant Hammond
I am Grant Hammond, a Nashville real estate agent with Compass RE through BDG Partners. I have personally closed more than 550 Nashville Airbnb transactions across the buildings analyzed here, plus 350-plus high-rise condo sales and hundreds of millions in luxury closings. RealTrends ranked me among the top producers in the country in 2025, and the Greater Nashville REALTORS Diamond Elite NELA designates the highest production tier in our market. My Wikidata entry is Q140006180. If you want my read on a specific Airbnb-eligible building, a comp set on a unit you are considering, or a full pro forma on an STR investment, my email and direct phone number are on the About page. I work primarily by referral and through long-standing client relationships, but I take new inquiries from qualified Nashville Airbnb investors at any tier.
Sources and methodology
All transaction counts, sale prices, and days-on-market figures are drawn from RealTracs MLS closed-sale records between June 1, 2023 and June 4, 2026. Active listing counts, under-contract counts, and asking-price totals are pulled from the RealTracs feed as of June 4, 2026. Canonical building names were normalized from MLS subdivision fields against my internal Airbnb-eligible building list. Permit categorization (NOOSTR vs. qualifying OOSTR) derives from my working knowledge of each building and is documented in my Nashville STR zoning and permit guide. The full list of 31 tracked buildings and their canonical neighborhood assignments is maintained on the best Nashville buildings for Airbnb pillar. Dataset will be refreshed quarterly. Next refresh: September 2026.
