Melrose, Davidson County, TN Housing Trends, Rent, Price-to-Rent

Market Summary

Melrose, Davidson County, TN

Median Home Price Price

$1,008,634 $1M

Median Monthly Rent Rent

$1,951 $2K

GRM

43.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Melrose, TN is $1,951, with MoM change +$13 and YoY change +$60 pointing to positive momentum while volatility is low (std $12).

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Metric

Base market Melrose, TN

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Delta vs base

Median rent

$1,951

N/A

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Median price

$1,008,634

N/A

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YoY change

+$60

N/A

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Price-to-rent

43.1x

Data unavailable

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