Downtown Nashville is the entertainment epicenter of the city, making it a go-to area for those who want to reside in a lively environment. While it's certainly city living, you'll still find somewhat of a laid back attitude and friendly feel. Combine that with almost 24/7 live music, shops and restaurants, and it's easy to grasp why downtown is such a popular area to live and play.

On any given day, you'll find a mix of locals and tourists wandering, working and weaving their way through downtown. Musicians, artists, business folk and celebrities alike are no strangers to what the New York Times has called the nation's new "It City."

But don't make the mistake of believing downtown is all neon lights on Lower Broadway. On the southwest fringe of downtown is the popular historic Gulch District, one of the city's hotspots. It has a modern contemporary style, filled with renovated warehouses, upscale restaurants and a bustling nightlife. The Gulch is undeniably one of the most popular places to live in Nashville.

The Downtown Nashville area has boomed in recent years, especially in terms of residential real estate options. Prospective buyers will find mostly condos and lofts, with plenty of new construction options.