Nashville real estate is booming—and savvy investors are paying attention. With its world-famous music scene, rich cultural history, and rapidly expanding economy, Nashville continues to attract newcomers and tourists alike. But beyond the skyline and Southern charm lies a unique investment opportunity: short-term rental (STR) condos.
But not all condos are created equal when it comes to short term rental potential. Nashville’s Airbnb regulations are some of the most nuanced in the country, with zoning overlays, permit types, and HOA rules all playing a role in what’s truly “Airbnb legal.” That’s why it’s critical to focus on buildings that are not only permit-eligible, but also historically STR friendly and designed with guests in mind.
In this guide, we’ll break down the Top 10 Nashville condo buildings that allow short term rentals, based on permit eligibility, location, amenities, historical revenue performance, and investor demand. From modern mid-rises in the Gulch to skyline view units in SoBro, these properties offer more than just a place to stay—they deliver consistent returns in one of the Southeast’s hottest markets.
Let’s dive into the best Airbnb approved condo investments in Music City. 🎸📈
Why Invest in Short Term Rental Condos in Nashville?
💰 Higher Returns Than Traditional Rentals
Short-term rentals in Nashville regularly outperform long-term leases in terms of revenue. Thanks to consistent demand from tourists, business travelers, and event-goers, well-located STRs can generate strong cash flow and above-average ROI.
🏡 Flexibility for Personal Use
STR-friendly condos offer the best of both worlds. Use the unit for personal stays when visiting Music City, then rent it out the rest of the year to generate passive income. It’s a perfect setup for investors who want both utility and income from their real estate.
📈 Exploding Demand from Visitors
With events like CMA Fest, Titans and Predators games, and hundreds of live shows every week, Nashville’s hospitality scene is thriving. Short-term rental demand is at an all-time high—and properties near downtown are at the heart of it all.
What You’ll Learn in This Post
- The top condo buildings in Nashville that legally allow short-term rentals
- What makes each building unique (location, design, pricing, rental performance)
- Tips on how to invest in the right STR property for your goals
1. The Ambrose
📍 162 4th Ave N
- Boutique downtown building near Printer’s Alley
- STR-permitted
- Premium location with strong nightly rate
The Ambrose is a boutique luxury building tucked just off Printer’s Alley in the heart of downtown Nashville. With elegant modern finishes, high ceilings, and a refined lobby experience, it delivers a polished stay for guests seeking comfort and walkability. Its unbeatable location near Broadway and nightlife makes it a top-performing Airbnb choice with premium nightly rates. Investors love its exclusivity, upscale vibe, and strong demand year-round.
2. The Watauga
📍 222 Polk Ave
- STR-legal mid-rise with luxury finishes
- Walkable to Capitol View & Bicentennial Mall
- Great blend of style and location
Located in the Capitol View district, The Watauga offers a minimalist, architectural aesthetic with striking glass exteriors and upscale interiors. The building features secure entry, elevator access, and a sleek common area for guest arrivals. Guests appreciate its proximity to Amazon offices, the Gulch, and local dining—making it ideal for both business and leisure travelers. For investors, its STR-friendly zoning and strong rental comps create a compelling return profile.
3. Hyve
📍 635 7th Ave S
- Boutique STR-friendly building
- Rooftop decks and curated modern design
- Ideal for group stays and weekend rentals
Hyve is a bold and artistic Airbnb-focused building with industrial-chic styling, modern furnishings, and an energetic community feel. Rooftop terraces, open-air lounges, and curated communal spaces give it a boutique hotel atmosphere that appeals to group travelers and bachelorette weekends. Each unit is designed with guest experience in mind, offering smart tech and easy access to check-in. It’s a consistent performer in the Nashville short-term rental scene, with high occupancy and premium pricing.
4. Neo
📍 600 9th Ave S
- Purpose-built for Airbnb
- Rooftop skyline views, investor-focused amenities
- One of the highest-performing STR buildings in the city
Neo is a purpose-built Airbnb development just south of downtown, offering stunning skyline views, rooftop amenities, and contemporary interiors. Units come fully equipped with luxury finishes, smart locks, and guest-friendly layouts. The building also includes a gym, elevator, and secure parking, making it an easy plug-and-play investment. With full Airbnb permitting and strong data-driven performance, Neo remains a favorite for both new and seasoned investors.
5. Muse
📍 65 Lindsley Ave (SoBro)
- Fully legal for NOO STR
- Walkable to Broadway & Ascend Amphitheater
- High occupancy from weekend and event travelers
Muse is a sleek and modern building located in SoBro, walkable to Broadway, Ascend Amphitheater, and top downtown venues. Its interiors feature modern kitchens, large windows, and clean lines that appeal to urban travelers. With amenities like keyless entry, secured access, and professional Airbnb management options, it’s designed for seamless hosting. Investors appreciate its combination of location, aesthetics, and proven rental track record.
6. Illume
📍 909 Hawkins St (Gulch South)
- STR-approved mid-rise with pool & gated entry
- Popular among travelers
- Consistent returns on 1-beds and studios
Illume blends urban design with resort-style amenities including a private pool, lounge areas, gated access, and secure garage parking. Located in the Gulch South, it offers a quieter alternative to downtown while remaining highly walkable to restaurants, shops, and nightlife. The building’s vibrant atmosphere and stylish units attract design-conscious travelers. Its consistent occupancy and favorable reviews make it a smart buy for STR-focused investors.
7. Eve
📍 700 1st Ave N (River North)
- STR-legal with luxury amenities
- Near Oracle campus, TopGolf, East Bank development
- Positioned for long-term upside
Eve is located in the rapidly developing River North area and features modern architecture, designer interiors, and high-end finishes throughout. Just minutes from TopGolf, Oracle’s campus, and the future East Bank entertainment district, it sits at the epicenter of growth. The building is Airbnb legal and offers an upscale, hotel-like experience that attracts both leisure and corporate guests. With long-term appreciation potential and strong nightly rates, Eve is positioned as a future-proof investment.
8. Riverfront Condos
📍 736 1st Ave N
- Older but legal STR building with riverfront views
- Near Sounds Stadium and Farmers Market
- One of the more affordable Airbnb-friendly options
One of the few older buildings with legal Airbnb use, Riverfront Condos offers simple but efficient units along the Cumberland River near the Sounds Stadium and Bicentennial Park. While not as flashy as newer builds, it remains a favorite for budget-conscious travelers who prioritize location. Units here are often priced lower than newer STR developments, giving investors a lower barrier to entry and solid cash flow potential. With direct river views and downtown access, it remains a reliable rental performer.
9. The Heritage (Coming Soon – Presale)
📍 2nd Ave N
- Luxury STR-approved building
- Currently preselling, delivering in 2027
- Will feature upscale design & premium amenities
The Heritage is a luxury Airbnb approvable development currently in pre-construction on 2nd Avenue in the heart of downtown. Scheduled to deliver in 2027, it promises high-end finishes, refined design, and full compliance for Airbnb investors. It will feature premium amenities like valet-style service, secure entry, and rooftop views of downtown Nashville. Buyers can lock in pre-completion pricing now and position themselves ahead of one of downtown’s most anticipated launches.
10. Jolene
📍 East Bank – Just across the river
- STR-friendly new development
- Steps from the $2.3B Titans Stadium project
- Excellent appreciation potential on Nashville’s East Side
Jolene is a stylish new development on Nashville’s East Bank, just across the river from downtown and within walking distance to the new $2.3 billion Titans stadium. The building’s contemporary design, flexible layouts, and guest-oriented amenities make it ideal for Airbnb hosting. Its proximity to downtown via the pedestrian bridge and adjacency to major redevelopment zones give it outstanding appreciation potential. As East Nashville continues to rise, Jolene offers investors both performance and long-term upside.
Nashville Airbnb Condos Are Smart Investments
Whether you’re looking to maximize cash flow, diversify your portfolio, or own a stylish pied-à-terre in Music City, these Airbnb approved condo buildings offer some of the best investment opportunities Nashville has to offer. With the city’s tourism industry booming and short-term rental demand at an all-time high, owning a property in one of these legally compliant, guest-friendly developments can set you up for long-term success. As always, working with an expert who understands Nashville’s evolving STR landscape is key to making the most informed and profitable decision.
