Clarksville, TN Rental Market Analysis

Updated March 2026 · Population: 176,000 · Data for rental property investors

Median Home Price
$280,000
Median Rent
$1,350/mo
Avg Cap Rate
6.5%
Avg Cash on Cash
7.5%
Home Price Growth
+5% YoY
Rent Growth
+4.5% YoY
Vacancy Rate
5%
Property Tax Rate
0.8%

Sample Deal: Median Clarksville Rental Property

Purchase Price
$280,000
Down Payment (25%)
$70,000
Monthly Rent
$1,350/mo
Est. Monthly Mortgage
$1,327/mo
NOI (Annual)
$11,950
DSCR
0.75

* Based on 25% down, 6.5% interest, 30-year term. Includes taxes, insurance, and vacancy allowance. Does not include maintenance, management, or capital expenditures.

Why Invest in Clarksville?

Fort Campbell is the economic engine — 101st Airborne Division with 30,000 soldiers. Major manufacturers (Hankook, LG, Google data center) diversify beyond military. Fastest-growing city in Tennessee. No state income tax.

Major Employers in Clarksville

Understanding the local employment base is critical for evaluating rental demand stability. Clarksville's economy is anchored by:

Fort CampbellHankook TireLG ElectronicsTraneGateway Medical Center

Best Neighborhoods for Rental Investors

Sango
St. Bethlehem
Exit 1
Rossview
Northeast

Top Zip Codes for Investors

3704037042370433704437045

Investor Tip: Clarksville

Fort Campbell straddles the TN/KY border and employs 30,000+ soldiers plus 10,000 civilian workers. BAH rates set a floor on rents — military tenants are the most reliable in the country. No TN state income tax.

Analyze Your Clarksville Deal

Use becvio's free calculators to run the numbers on any Clarksville property.

Explore More Markets

Memphis, TNNashville, TNKnoxville, TNChattanooga, TNMemphis, TN

Learn More

What Is Cap Rate?·Understanding NOI·DSCR Explained·Cash on Cash Return·Rental Property Analysis Guide