The median home price in Nolensville, TN sits near $949,000, making the rent-versus-buy calculation a major factor for anyone moving to the area. Because this is primarily a single-family housing market, the available rental inventory consists almost entirely of standalone houses.

With recent shifts in sale prices, the math is changing for people considering a lease renewal. Sale prices are down sharply year over year, so comparing your current rent to a mortgage payment before signing a renewal could save you money.

 

Key Takeaway

Renting in Nolensville almost always means renting a single-family house, so judge rent against house rents, not Nashville apartment averages. With single-family sale prices down sharply year over year and sellers accepting less than list, anyone who plans to stay several years should price a purchase before signing a renewal. Renting stays the better fit if you cannot cover a down payment and closing costs yet.

 

Who This Guide Is For

You are looking at renting a home in Nolensville and need to know what rent runs and whether buying now costs less.

 

What You Will Pay for Rent in Nolensville Right Now

The average rent that matters here is house rent. Of the 78 homes sold in the 90 days ending September 30, 2026, 77 were single-family houses, so that is the market you are shopping in. The Census reports a median gross rent of $2,454 per month for Nolensville.

HUD sets Fair Market Rents for the broader Nashville-Davidson--Murfreesboro--Franklin metro area for 2026: $1,578 for a one-bedroom, $1,730 for a two-bedroom, $2,211 for a three-bedroom, and $2,696 for a four-bedroom home. The Census median blends older leases, so current asking rents for a standalone house will likely run higher than those figures.

Compare live listings against these benchmarks rather than relying on one average. Homes are taking a median 63 days to sell, so anyone paying house-level rent here should price a purchase before renewing a lease.

 

Why Most Local Rentals Are Single-Family Houses

The owner-occupied housing rate in Nolensville is 93.6%, leaving a renter-occupied share of about 6.4%. That leaves almost no room for apartment-style inventory, which is why nearly all of the 78 recent residential sales were single-family houses.

Renters here are usually comparing a house lease directly with a house purchase. Metro-wide apartment averages will understate what you will pay. If you want a house with a yard in Nolensville without tying up a down payment, a 12-month single-family lease is your main option.

Before you commit, ask the HOA, or check the subdivision's covenants, whether the home can be leased and whether there is a minimum lease term. If schools factor into your search, confirm school assignment for any specific address with the district's school zone lookup rather than assuming boundaries.

 

Rent Trends and Lease Renewals

Get any renewal increase in writing at least the notice period before your lease ends. Live listings in the 37135 zip code will give you the most accurate read on where asking rents stand.

If your rent holds flat or rises while local sale prices are falling, the gap between renting and owning narrows. Nail down the renewal increase, pet fees, utilities included, and lawn-care duties in writing before you sign anything. A lease with a clear renewal date works well if you want to track months of supply and see whether prices keep falling before committing to a purchase.

 

Comparing the Cost of Renting Versus Buying

Single-family sale prices in Nolensville dropped 15.6% year over year to a median of $949,372 for the 90 days ending September 30, 2026. Homes take a median 63 days to sell, and sales close at 97.7% of list price.

Sellers are accepting less than list price, which means a buyer can reasonably expect room to negotiate on many homes. Pricing a purchase and negotiating below list makes sense if you plan to stay several years and can cover a down payment. Review current sale-price trends to see how local inventory is shifting.

Monthly Cost of the Median Nolensville Home

For illustration only: buying at 20% down on that median single-family price means financing roughly $759,497. At the 30-year fixed-rate mortgage averaging 7.24% as of October 29, 2026, the principal and interest payment sits around $5,170 per month.

Property taxes come on top of that. Tennessee assesses residential property at 25% of its appraised value, and for the 2026 tax year, the combined Williamson County and Town of Nolensville rate is $1.64 per $100 of assessed value inside town limits, adding roughly $324 a month for a median-priced home.

The purchase side also carries costs the rent side does not: closing costs, a down payment, HOA dues, insurance, and maintenance. At 2.7 months of supply, today's price softness is not a glut and could stall. Ask a lender for a written rate and payment quote before relying on this example, and ask the listing agent or HOA for current dues on any home you would consider buying. The median Nolensville house costs about the same per square foot whether you look at all homes or single-family only, because nearly everything that sells here is a house.

 

Locating a Lease in Town

Rentals in Nolensville are mostly single-family homes leased by individual owners or property managers. You will find listings on standard real estate portals, property management sites, and local classifieds. Prices vary by neighborhood depending on the size of the home, lot size, and community features. You can review prices by neighborhood to see how different subdivisions compare.

Before sending a deposit, verify the landlord owns the property through the Williamson County property records online portal. Get pet fees, utilities included, and lawn-care responsibilities in writing before you move in.

 

How to Choose Between a Lease and a Mortgage

  1. How long do you expect to stay in Nolensville? Short stays make renting the practical choice, while longer stays make the monthly cost example for buying more relevant.
  2. Do you need a house with a yard, or would an apartment work? Non-house options are scarce in town, so you are usually choosing between leasing a house and buying one.
  3. Could you cover a down payment and closing costs within the next year? If yes, review the buying process, financing, and closing costs. If no, renting is your path.
  4. Is your landlord proposing a large renewal increase? If rents rise while the market holds at 2.7 months of supply, your advantage as a buyer comes from slow sales rather than excess inventory.

Price a specific home against your current rent if you want to run the exact numbers.

 

At a Glance

  • Median sale price, all homes: $949,048, down 10.9% year over year (90 days ending 2026-09-30)
  • Median sale price, single family: $949,372, down 15.6% year over year (90 days ending 2026-09-30)
  • Homes sold: 78 all homes, of which 77 single family (90 days ending 2026-09-30)
  • Median days on market, all homes: 63 (90 days ending 2026-09-30)
  • Sale-to-list ratio, all homes: 97.7% (90 days ending 2026-09-30)
  • Share sold above list, all homes: 6.5% (90 days ending 2026-09-30)
  • Months of supply: 2.7 all homes, 2.8 single family (90 days ending 2026-09-30)
  • Active inventory, all homes: 69 (90 days ending 2026-09-30)
  • Median price per square foot: $301 all homes, $302 single family (90 days ending 2026-09-30)

 

Nolensville Rent FAQs

How Far Is Nolensville from Nashville?

It depends on your exact starting point and route to downtown Nashville. Test the drive at rush hour using a mapping app to get the true commute time.

Is Rent in Nolensville Higher than the Tennessee Average?

Yes. The Census reports a median gross rent of $2,454 per month for Nolensville, compared to the statewide figure of $1,189 per month. Nolensville's figure reflects mostly single-family house rentals, which helps explain the large gap.

What Hourly Wage Do You Need to Afford Rent in Nolensville?

Roughly $47 an hour. Applying the 30-percent-of-gross-income guideline to that Census median gross rent requires $98,160 a year, or about $47.19 an hour based on 2,080 working hours.

Does Tennessee Limit How Much a Landlord Can Raise Rent?

No. Tennessee law bars local governments from enacting rent control, so increases are governed entirely by the terms of your lease and the required notice period. Read the renewal and notice clauses carefully before signing.

What County and Zip Code Is Nolensville, TN In?

Nolensville is in Williamson County. The town hall and most of the town use the 37135 zip code. Check maps carefully, since the 37135 zip code extends beyond the town limits, which matters when filtering rental listings.

Is Nolensville, TN Expensive to Live In?

Yes, housing costs are high compared to nearby areas. The median sale price for all homes in Nolensville recently hit $949,048, more than double the $465,000 median sale price in the city of Nashville. You can review the cost of living and overall pros and cons to see how other expenses stack up.

How Much Is a Security Deposit on a Nolensville Rental?

That depends on the landlord. There is no confirmed state or county statutory cap on security deposits in this area, so the amount is set by the property owner and outlined in the leasing agreement. Confirm the deposit amount and the specific refund terms in the lease before you pay.

How Much Income Does It Take to Afford Rent in Nolensville?

Roughly $98,160 a year. Applying the 30-percent-of-gross-income guideline to the Census median gross rent requires that annual figure, or about $47.19 an hour based on 2,080 working hours.

 

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