As a center for the country music industry, as well as higher education, Nashville's population includes a lot of transients.
The average rent for a home, at a little more than $1,260 a month, has held up strongly, while home prices remain low -- about a third less than the national average.
"As a lesser-known market nationally, Nashville tends to be somewhat under the radar as an investment opportunity," said realtor Bob Parks. "We see owners with less than 10 properties do very well."
An immaculate brick ranch with an oversized eat-in kitchen on a more than a half-acre lot in Nashville, like this one, can be had for $145,000.
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