Finance Guru Dave Ramsey Puts Lavish Nashville Home Back Up for Rent—for a Bargain Price

Finance guru Dave Ramsey has made a living out of doling out blunt money advice, so it should perhaps come as no surprise that he's willing to provide one lucky person with a budget-friendly living situation, even if that means taking a financial hit himself.

The podcast host and licensed real estate broker has put his opulent Tennessee home on the rental market for the bargain price of $5,250 per month, a relative steal when you take into account the size, location, and condition of the dwelling.

Located in the very affluent Nashville, TN, suburb of Brentwood, the "beautiful" brick home boasts more than 3,700 square feet of living space, including four bedrooms and four bathrooms.

Having originally been built in 1993, the picturesque property has been updated on multiple occasions, with the listing noting that it offers a "new front door and interior paint, new carpet throughout, [and] updated light fixtures."

No expense has been spared on its interior design, which features stunning hardwood floors, granite countertops in the kitchen, and heated tile flooring in the primary bathroom.

In addition to the traditional living spaces, the home also features an "executive office," a formal dining room, and an exercise room, as well as a huge walk-in closet in the primary bedroom.

There is also a sizable yard space at the front and back of the home, where tenants will also find a screened porch and deck area.

Thanks to its plum location on a quiet and leafy cul-de-sac, the property also enjoys ample privacy, with tall trees helping to provide a natural barrier between the home and its neighbors.

However, as one might expect from a money expert with such an impressive background in finance and real estate, Ramsey is not offering the property up to just any old tenant, quite the opposite in fact.

The listing notes that applications for the dwelling are limited to those who can provide proof that their monthly income is at least three times the rental cost—a record that needs to date back at least two years.

Both pets and smoking are also banned in the property, with the description noting that there will be "no exceptions" to that rule.

Although Ramsey regularly offers advice to budding homeowners on how to take their first step onto the property ladder, he has also urged people to avoid buying a home unless they have really ensured they are in a strong enough financial position to do so.

Just a few weeks ago, he explained in a post on his Facebook page that, while he doesn't want anyone to end up renting "forever," he believes that leasing a home is never going to be "a waste of money" if you manage your finances correctly.

He noted that housing is always going to be the "most expensive line item in your budget," whether you are renting or paying a mortgage and monthly fees for your home. However, when you are renting, the likelihood is that your monthly line item is going to increase over time—meaning that leasing a home forever simply isn't sustainable.

To his point, the asking price for Ramsey's own home, although cheap by many comparisons, has increased since the dwelling was last put on the market in September 2024, when it was leased for $5,000 a month.

On the flip side, if homebuyers are able to secure a fixed-rate 15-year mortgage, Ramsey noted that this will set them up with a "fixed payment" for the shortest term possible—provided they aren't buying their dwelling with all cash.

"When you buy on a fixed-rate 15-year mortgage (like I recommend), you now have a fixed payment for a property," he explained. "And then when you get it paid off, you have a fixed rate, other than your taxes and property insurance. Those will both go up, but they won’t usually end up being the largest part of your budget anymore."

Still, Ramsey hastened to clarify that he doesn't want every tenant to rush into buying a home—but rather for them to understand that renting cannot be considered a "forever plan."

"If you’re renting and happy right now, I don’t want you to confuse the fact that you have a good situation now with a forever plan," he said. "It’s not a good forever plan.

"It can be a really good short-term plan though. Don’t let friends or family shame you into buying something when you’re not ready. But you do need to stabilize the largest expense you have before it gets out of control."

Ramsey himself has racked up quite the impressive property portfolio over the years, with records indicating that the same LLC under which his rental home is registered also manages eight other dwellings in Tennessee alone, the majority of which are located in Brentwood and Franklin.

The property baron offloaded one of his Tennessee homes back in 2021, selling the seven-bedroom, 8.5-bathroom abode, which is believed to have served as his primary residence, for $10.2 million in August of that year.

Ramsey had the home custom built in 2009, having purchased the land on which it was constructed for just over $1.5 million in 2008.

The buyer of that palatial property put the dwelling on the market for the much higher price of $15 million in May 2025; however, records show it has yet to secure an offer.

Offering more than 14,800 square feet of living space, the extraordinary estate is four times the size of Ramsey's rental home and sits on a stunning 5-acre lot, surrounded by beautiful trees and foliage.

"Welcome to a realm of unparalleled luxury and sophistication, where every detail of this magnificent estate has been meticulously crafted to offer an extraordinary living experience," the listing crows.

"Nestled atop a serene hilltop within an exclusive gated community, this architectural masterpiece presents seven opulent bedrooms, eight full baths, and two elegant half baths, all enveloped within nearly 15, 000 sq. ft. of refined elegance."