Nashville's 2012 rent price increase among nation's highest

Nashville ranked among the nation’s leaders in apartment rent price increases during 2012, according to MPF Research, a market intelligence division of RealPage Inc.

Nashville and New York both saw rents rise 5.1 percent, placing the two cities tied for fifth in the ranking. Nationally and by comparison, rents for new leases in the U.S. apartment sector climbed 3 percent during 2012.