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We can take care of everything you may need. Our goal is to eliminate all the headaches typically associated with Lakewood rental properties.
The city of Lakewood has seen a sharp increase in popularity in recent years. As rent continues to rise, GreenTree Property Management is ready to help you turn your home into rental income™ (rental income). Our introductory process typically takes just a few weeks on average.
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Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.
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Our leasing guarantee states that if a tenant does not fulfill at least 6 months of a lease term, we will find you a new tenant for free.
Lakewood, Tennessee, is a historic and close-knit community located within the boundaries of Metropolitan Nashville–Davidson County. Nestled along the Cumberland River near Old Hickory and East Nashville, Lakewood offers a quiet, residential environment with excellent access to urban amenities. Formerly an incorporated city, Lakewood retains a distinct identity and charm that appeals to renters and homeowners seeking affordability, walkability, and access to green spaces.
As one of the more overlooked pockets of Davidson County, Lakewood presents an exciting opportunity for investors looking for strong rental demand, upward price movement, and proximity to both downtown Nashville and recreational assets like Old Hickory Lake.
Population & Location: Lakewood is part of northeast Davidson County, with immediate access to Old Hickory and just 20 minutes from downtown Nashville. The community is primarily residential, with a population of several thousand and increasing appeal among renters priced out of East Nashville.
Economic Profile: Lakewood benefits from Nashville’s regional economy, with jobs in healthcare, hospitality, education, and logistics. Residents have easy access to job centers in Hermitage, downtown, Madison, and Rivergate, making the area popular with commuters and young professionals.
Home Values: As of 2025, the median home price in Lakewood is approximately $360,000. This represents strong year-over-year growth driven by rising demand for homes in livable, urban-adjacent areas. Renovated properties and homes with character near the river often command premium prices.
Rental Market: Lakewood offers an active and affordable rental market. Average rents for single-family homes range from $1,700 to $2,300 per month. Duplexes and small multifamily properties are in particularly high demand. Investors benefit from low vacancy rates and a tenant pool that includes young professionals, families, and service workers.
Investor Advantages: Lakewood is a unique submarket offering strong rental income potential and long-term appreciation in an area with limited inventory and high demand. Investors are drawn to its affordability, growth trajectory, and proximity to key Nashville employment zones.
Urban-Suburban Balance: Lakewood offers the space and community feel of a suburb, paired with fast access to downtown—making it attractive to renters seeking convenience without congestion.
Access to Recreation: With the Cumberland River and Old Hickory Lake just minutes away, outdoor lovers are drawn to the area for boating, fishing, and hiking. These lifestyle amenities boost both rental appeal and property values.
Transit & Connectivity: Lakewood benefits from nearby public transit and direct roadway access to key corridors including Gallatin Pike and Lebanon Pike, reducing commute times and increasing desirability for working professionals.
Historic Identity: Once an independent city, Lakewood retains a strong sense of neighborhood pride and distinctiveness that enhances its charm and draws long-term tenants and homebuyers.
With its mix of historic homes, rental-ready properties, and appreciating values, Lakewood is an ideal market for thoughtful investors. Our team brings local expertise and full-service property management tailored to this unique pocket of Nashville.
From leasing and tenant placement to repairs, compliance, and cash flow optimization, we provide everything needed to ensure your Lakewood investment runs smoothly and profitably. Whether you're buying your first rental or managing a portfolio, we’re here to help.
Lakewood is a historic, close-knit community within Metropolitan Nashville–Davidson County, nestled along the Cumberland River near Old Hickory and East Nashville. Roughly 20 minutes from downtown, the area offers a quiet residential environment with strong access to urban amenities—making it an increasingly popular choice for renters priced out of East Nashville. Limited inventory, rising demand, and proximity to Old Hickory Lake and key employment corridors keep rental activity strong in this overlooked Davidson County submarket.
Lakewood draws a diverse renter base that includes young professionals, families, and service workers commuting to Hermitage, downtown Nashville, Madison, and Rivergate. Single-family homes, duplexes, and small multifamily properties all see active demand, with renovated character homes near the river and transit-connected locations along Gallatin Pike and Lebanon Pike particularly competitive.
Property owners who invest in well-maintained homes, accurate local pricing, and proactive management are well positioned to capture strong returns in this urban-adjacent market. Professional oversight provides the market knowledge, leasing systems, and maintenance coordination that distinctive Davidson County communities like Lakewood require to perform reliably over the long term.
Lakewood's proximity to downtown Nashville, Old Hickory, and East Nashville sustains consistent rental demand from commuters and young professionals alike. Healthcare, hospitality, education, and logistics employment across the broader Nashville region—combined with affordability relative to East Nashville—keep tenant interest active in this historic northeast Davidson County community.
Single-family homes and duplexes remain the most sought-after rentals in Lakewood. Properties with character near the Cumberland River, along Gallatin Pike and Lebanon Pike corridors, and within reach of Old Hickory Lake recreation consistently attract tenants seeking urban-suburban balance and neighborhood pride.
Lakewood's affordability and growth trajectory support a favorable outlook for both cash-flow and appreciation-focused investors. Limited inventory, strong rental income potential, and proximity to key Nashville employment zones help owners build resilient portfolios in one of Davidson County's most accessible urban-adjacent markets.
Tenants in Lakewood increasingly value move-in-ready homes, walkability, and proximity to downtown, transit, and outdoor recreation. Low vacancy rates and a mix of professionals and families make professionally marketed listings with accurate pricing and thorough screening especially effective in this fast-moving Davidson County submarket.
Curious what your Lakewood rental could earn?
Find out what your property could command in today's Lakewood market with a free, no-obligation rental analysis from our local team.
