Groundwork

Real estate · Metro area · Tennessee

Property management companies in the Nashville-Davidson–Murfreesboro–Franklin, TN metro area

Competitor counts, household spending and official business counts for property management companies in the Nashville-Davidson–Murfreesboro–Franklin, TN metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 51 out of 100: Upper middle

Ranked #176 of 374 scored metro areas
#8 of 10 scored metro areas based in Tennessee

Listings
249
7 chain locations (3%)
Official establishments
526
+24.0% since 2019
Household spending a year
$13.4B
On rent and homeowner costs · $16,131 a household
Housing spending per listing (U.S. = 100)
97
3% below the U.S.
Listings per 10k households
3.0
In line with the U.S.
Population, 2025
2,197,416
+8.7% since 2020

See the property management companies around any address in the Nashville-Davidson–Murfreesboro–Franklin metro area

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Nashville-Davidson–Murfreesboro–Franklin metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 249 property management companies in the Nashville-Davidson–Murfreesboro–Franklin metro area. Chain locations make up 3% of them, against 4% across the U.S. Per 10,000 households, that is 3.0, in line with the U.S. rate of 3.0.

At $16,131 per household (3% below the U.S. average), households in the Nashville-Davidson–Murfreesboro–Franklin metro area spend about $13.4B a year on rent and homeowner costs. Housing spending per company is 3% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

The official count of businesses with payroll classed as residential and commercial property managers in the Nashville-Davidson–Murfreesboro–Franklin metro area was 526 in 2023, up 24.0% from 2019. That is one for every 1,576 households, against one for every 1,638 across the U.S. Since fiscal 2022, 8 SBA-backed loans worth $5.4M have gone to businesses classed as residential and commercial property managers in the Nashville-Davidson–Murfreesboro–Franklin metro area.

Population estimates show the Nashville-Davidson–Murfreesboro–Franklin metro area grew 8.7% from 2020 to 2025, faster than the U.S. (+3.1%). For property management companies, the Nashville-Davidson–Murfreesboro–Franklin metro area has a Groundwork market score of 51 (upper middle): #176 of 374 scored metro areas and #8 of 10 scored metro areas based in Tennessee.

How the Nashville-Davidson–Murfreesboro–Franklin metro area compares

The same measures for Tennessee and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Nashville-Davidson–Murfreesboro–Franklin, TN metro area compared with Tennessee and the U.S.
MeasureNashville-Davidson–Murfreesboro–Franklin metro areaTennesseeU.S.
Listings per 10k households3.02.53.0
Housing spending per listing (U.S. = 100)97108100
Households per official establishment1,5762,2591,638
Official establishment growth, 2019–2023+24.0%+22.4%+11.4%
Population growth, 2020–2025+8.7%+5.6%+3.1%
Spending per household on rent and homeowner costs$16,131$14,833$16,661
Median household income$85,447$69,595$80,734
Groundwork market score5163

Official counts and lending

Businesses

Official establishments, 2019 to 2023
526+24.0% over the period
Employees, 2023
5,033
Annual payroll, 2023
$399.7M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
2497 chain locations
Listings at the U.S. rate for this spending
241The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
8
Amount
$5.4M

SBA-backed loans to businesses classed as residential and commercial property managers in the Nashville-Davidson–Murfreesboro–Franklin metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Nashville-Davidson–Murfreesboro–Franklin metro area

Population, 2025 estimate
2,197,416+8.7% since 2020
Households
829,134
Median age
38.1
Homes lived in by their owners
65%
Vehicles per household
1.9
Land area
6,302 sq. mi.
People per square mile
330
Median household income
$85,447
Average household income
$117,563
Median home value
$409,600
Jobs located here
1,132,736
Daytime population
2,203,082Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Nashville-Davidson–Murfreesboro–Franklin metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

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Property management across Tennessee

Every Tennessee market ranked →

The highest-scoring metro areas in Tennessee for property management companies, numbered among those based in Tennessee, with the Nashville-Davidson–Murfreesboro–Franklin metro area marked.

Top metro areas in Tennessee

Metro areas in Tennessee ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Kingsport-Bristol, TN-VA71100.8325+2.3%#27 of 374
2Morristown, TN67102.1120+7.9%#50 of 374
3Knoxville, TN64882.3116+6.9%#72 of 374
4Cleveland, TN63122.4107+6.1%#79 of 374
5Johnson City, TN60182.0123+4.3%#97 of 374
6Chattanooga, TN-GA57612.6103+5.3%#119 of 374
7Jackson, TN56152.1120+2.2%#127 of 374
8Nashville-Davidson–Murfreesboro–Franklin, TN512493.097+8.7%#176 of 374
9Clarksville, TN-KY49493.966+8.5%#203 of 374
10Memphis, TN-MS-AR431492.893−0.3%#242 of 374

Other business types in the Nashville-Davidson–Murfreesboro–Franklin metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in the Nashville-Davidson–Murfreesboro–Franklin, TN metro area?

There are 249 property management companies on map listings in the Nashville-Davidson–Murfreesboro–Franklin metro area as of September 2026. 7 of them (3%) are chain locations. The listings count property management companies. Official counts show 526 businesses with payroll classed as residential and commercial property managers in 2023, up 24.0% from 2019.

How much do households in the Nashville-Davidson–Murfreesboro–Franklin, TN metro area spend on rent and homeowner costs?

About $13.4B a year, or $16,131 per household. That is 3% below the U.S. average (an index of 97, where 100 is the U.S. average). For the 249 property management companies on map listings, housing spending per company is 3% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 829,134 households in the Nashville-Davidson–Murfreesboro–Franklin metro area and national spending patterns by income.

How does the Nashville-Davidson–Murfreesboro–Franklin, TN metro area compare with the U.S. for property management companies?

The Nashville-Davidson–Murfreesboro–Franklin metro area has 3.0 property management companies per 10,000 households, in line with the U.S. rate of 3.0. The index of housing spending per company is 97, where 100 is the U.S. At the national ratio of property management companies to household spending, the Nashville-Davidson–Murfreesboro–Franklin metro area would have about 241, against 249 on map listings. There is one business with payroll in the industry for every 1,576 households, against one for every 1,638 across the U.S. The official count rose 24.0% from 2019 to 2023, against +11.4% for the U.S.

How fast is the Nashville-Davidson–Murfreesboro–Franklin, TN metro area growing?

Population estimates put the Nashville-Davidson–Murfreesboro–Franklin metro area at 2,197,416 people in 2025, up 8.7% since 2020, faster than the U.S. (+3.1%). It has 829,134 households. The median household income in the Nashville-Davidson–Murfreesboro–Franklin metro area is $85,447 a year, 6% above the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Nashville-Davidson–Murfreesboro–Franklin metro area scores 51 for property management companies (upper middle), #176 of 374 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Nashville-Davidson–Murfreesboro–Franklin metro area. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for property management companies · All 56 business types in the Nashville-Davidson–Murfreesboro–Franklin metro area

Screening a site or an acquisition in the Nashville-Davidson–Murfreesboro–Franklin metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Nashville-Davidson–Murfreesboro–Franklin metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.