Market report

Nashville, IN short-term rental market report (2026)

Brown County, Indiana. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.

24/100 Opportunity Score partial
  • RulesStrict (4/5)
  • 4-BR typical value$480K
  • FEMA riskVery Low
  • Demand drivers within 50 mi4
  • People within 300 mi54.9 million
  • ClimateSummer-peak
Data as of September 21, 2026 County figures: Brown County

Everything STR HUB holds on Nashville, IN in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.

Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated. The Opportunity Score here is partial: it was calculated without revenue data, with the cash-flow component assumed to be below average, so it can understate the market.

Can you operate in Nashville?

4/5 Strict

Nashville's short-term rental rules rate 4 out of 5 (Strict), on a scale from 1 (relaxed) to 5 (very strict). This rating was derived from the regulation text we hold and has not yet been reviewed by a person. Treat it as provisional.

Short-term rental rules on file for Nashville, IN
RuleWhat we hold on file
JurisdictionBrown County Planning Department & Board of Zoning Appeals governs unincorporated county (where most vacation cabins sit); the Town of Nashville has its own separate zoning for in-town properties.
Permit or licenceSpecial Exception approval from the Brown County Board of Zoning Appeals, applied for through the Planning Department; in the Town of Nashville, eligibility instead depends on the property's town zoning district.
Cap on rentalsNo numeric citywide cap identified, but county rule requires short-term rentals to be at least 250 feet from the nearest residence and at least 1,320 feet from the nearest other short-term rental, limiting achievable density in popular cabin areas.
Owner occupancyNot required for the standard Special Exception STR; a separate 'Home Stay' category exists for an owner-occupied residence renting up to two guest rooms.
Lodging and sales taxes7% Indiana state sales tax + Brown County Innkeeper's Tax (rate not confirmed — verify with the county).
Status: Indiana's HEA 1210 (effective July 1, 2026) bars new local rental-count caps, but Brown County's spacing/distance rule is a discretionary zoning-approval condition rather than a stated numeric cap, so its status under HEA 1210 is unclear — VERIFY how the two interact before relying on the distance rule remaining in force.

Rules for Nashville last verified September 20, 2026. Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.

The numbers

We have not verified revenue figures for this market yet.

Home values in Brown County

Typical 4-bedroom home
$480,089
Indiana statewide: $363K
Typical home, all sizes
$362,218
Indiana statewide: $260K
One-year change, all homes
+2.8%
Indiana statewide: +3.0%

Zillow Home Value Index: county-wide typical values for Brown County, not list prices. A specific property can sit well above or below them.

What it costs to own

Effective property tax rate
0.51%
county median taxes paid divided by median home value, owner-occupied homes
Estimated annual tax, typical 4BR
$2,439
county effective rate times the typical 4-bedroom value; not a bill
Estimated annual tax, typical home
$1,840
county effective rate times the typical home value; not a bill
Expected annual hazard loss
$153
per $100,000 of building value (FEMA, county average); not an insurance premium

Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.

Housing market momentum

Momentum
Heating
score 66 of 100, relative to the other tracked markets

County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.

Why people come

4 demand drivers sit within 50 miles of Nashville. Ordered by published attendance. Attendance appears only where a source publishes it.

Events

  • Indianapolis 500
    motorsport · Speedway, IN · 41 mi from Nashville
    When
    Memorial Day weekend (late May)
    Attendance
    350,000 (Roughly 350,000-400,000 on race day including infield (2016 sellout cited as ~350,000, per Wikipedia); described as the largest single-day sporting event in the world. Permanent seating capacity is about 235,000.)
    STR angle
    The world's largest single-day sporting event by attendance drives Indianapolis's single biggest annual lodging spike over Memorial Day weekend.
  • Brickyard 400 (NASCAR at Indianapolis Motor Speedway)
    motorsport · Speedway, IN · 41 mi from Nashville
    When
    Late July (historically has shifted between July, August, and September)
    Attendance
    70,000 (Just under 70,000 spectators (2025, per Wikipedia), down slightly from the prior year.)
    STR angle
    A second annual motorsport weekend at the Indianapolis Motor Speedway, adding a mid-summer lodging demand spike beyond the Indy 500.

Attractions

  • The Children's Museum of Indianapolis
    museum · Indianapolis, IN · 42 mi from Nashville
    When
    Year-round, indoor; spring break and summer are busiest.
    Attendance
    1,300,000 (Wikipedia (The Children's Museum of Indianapolis infobox): 1.3 million visitors (2019). Billed as the world's largest children's museum.)
    STR angle
    A genuine overnight draw for families across Indiana, Illinois, Ohio and Kentucky. Pairs with convention and sports weekends downtown; family-sized houses north of downtown are the natural fit.

Outdoor activities

  • Brown County State Park & Nashville, Indiana
    mountain biking · Nashville, IN · 6 mi from Nashville
    When
    Spring through fall, with a very strong October foliage peak.
    Attendance
    1,222,235 (Park visitation for fiscal 2018-2019 per the Wikipedia infobox.)
    STR angle
    The Midwest's best-regarded trail system sits beside an artsy cabin town that already lives on weekenders from Indianapolis, Louisville, Cincinnati and Chicago. Log cabins with hot tubs are the standard, and October books far ahead.

When they come

Summer-peak climate: May to September is comfortable and December to February highs average under 45°F. 7 of 12 months have an average high between 60°F and 88°F. Warmest month: July (average high 86°F). Coldest: February (average low 26°F).

  1. Jan40°26°Cold
  2. Feb44°26°Cold
  3. Mar55°35°Cool
  4. Apr63°43°Comfortable
  5. May73°54°ComfortableEvent
  6. Jun83°63°Comfortable
  7. Jul86°68°ComfortableEvent
  8. Aug84°66°Comfortable
  9. Sep80°61°Comfortable
  10. Oct67°49°Comfortable
  11. Nov53°36°Cool
  12. Dec47°31°Cool
Monthly climate normals and event months for Nashville, IN
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average high (°F)404455637383868480675347
Average low (°F)262635435463686661493631
Precipitation (in)3.84.15.53.74.53.54.82.91.83.72.33.2
Snowfall (in)4.75.51.00.50.00.00.00.00.00.11.11.5
Sunshine (hours a day)5.16.17.38.89.911.311.911.510.57.97.15.4
Event monthNoNoNoNoYesNoYesNoNoNoNoNo

Event months within 50 miles

  • May: Indianapolis 500
  • July: Brickyard 400 (NASCAR at Indianapolis Motor Speedway)

This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. Event months come from the demand drivers listed above. We do not hold monthly occupancy or rate data for this market.

Who can reach it

People within 150 miles
12.1 million
roughly a 2.5 to 3 hour drive
People within 300 miles
54.9 million
roughly a 5 hour drive

Largest counties within 150 miles

Largest counties by population within 150 miles of Nashville, IN
CountyPopulation
Marion County, IN971,737
Hamilton County, OH827,671
Jefferson County, KY779,232

County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.

What could go wrong

FEMA National Risk Index
Very Low
overall rating for Brown County
Risk score
19.7
of 100, a national percentile: higher means more risk than more U.S. counties
Highest-scoring hazards
Tornado, Earthquake
of the hazards we track for Brown County
FEMA National Risk Index hazard ratings for Brown County
HazardFEMA ratingScore (0-100)
TornadoRelatively Low51.1
EarthquakeVery Low42.5
Winter weatherRelatively Low38.9
River floodingRelatively Low38.0
HailVery Low22.9
WildfireVery Low8.3
HurricaneVery Low7.1

This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. FEMA does not model coastal flooding for this county, which is not the same as zero risk. Get property-level flood, wind and wildfire quotes before you buy.

Market context

Housing and jobs in Brown County

Vacation-home share
17.2%
Indiana statewide: 1.4%
Homes with 4+ bedrooms
13.1%
Indiana statewide: 20.8%
Jobs in tourism industries
9.1%
Indiana statewide: 8.1%

U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.

What is within 15 km of the Nashville pin

Amenity score
46
of 100, relative to the other tracked markets
Restaurants, cafes and bars
11
Attractions
14
Outdoor features
40
Hotels, motels and resorts
13
competing lodging, not counted in the amenity score

Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.

Similar markets

The 4 tracked markets whose numbers sit closest to Nashville's. Each links to its own report.

Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from Indiana, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.

See Nashville on the map

Open Nashville on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.

Nashville STR questions, answered from the data

Is Airbnb legal in Nashville?

STR HUB rates Nashville's short-term rental rules 4/5 (Strict) on a scale from 1 (relaxed) to 5 (very strict). That rating was derived from the regulation text we hold and has not yet been reviewed by a person. Permit rule on file: Special Exception approval from the Brown County Board of Zoning Appeals, applied for through the Planning Department; in the Town of Nashville, eligibility instead depends on the property's town zoning district. Cap on file: No numeric citywide cap identified, but county rule requires short-term rentals to be at least 250 feet from the nearest residence and at least 1,320 feet from the nearest other… Rules change, so confirm current requirements with the local jurisdiction before you buy or list.

How much does a 4-bedroom home cost in Nashville?

The typical 4-bedroom home in Brown County is valued at $480,089 (Zillow Home Value Index), and the typical home of any size at $362,218, with all-home values up 2.8% over the past year. These are county-wide typical values, not list prices.

What brings visitors to Nashville?

4 demand drivers sit within 50 miles of Nashville, including The Children's Museum of Indianapolis (1,300,000 published attendance), Brown County State Park & Nashville, Indiana (1,222,235 published attendance) and Indianapolis 500 (350,000 published attendance). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.

What natural hazards affect Nashville?

FEMA's National Risk Index rates Brown County "Very Low" overall, with a score of 19.7 out of 100 (a national percentile). The highest-scoring hazards we track there are tornado and earthquake. It is a county-wide index, not an insurance quote or a flood-zone determination.

When is the weather best in Nashville?

7 of 12 months have an average high between 60°F and 88°F (April, May, June, July, August, September and October). Summer-peak climate: May to September is comfortable and December to February highs average under 45°F. These are 2019-2023 climate normals, not booking data.

Sources and method

  • Regulation summary and strictness rating: STR Agent HUB regulation research (official source: browncounty-in.gov).
  • Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
  • Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
  • Natural hazard risk: FEMA National Risk Index, county level.
  • Amenity counts: © OpenStreetMap contributors.
  • Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
  • Demand drivers: each entry links its own published source in the list above.

Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe Brown County as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.

Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.

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