Real Estate Investing in Clarksville, Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

3 ZIP codes • Population: 204,552 • Montgomery County

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Should you buy in Clarksville, TN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Clarksville, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.1% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $335,142
Avg Monthly Rent $1,403
ZIP Codes 3

Local Pulse Report

AI-researched developments and news for Clarksville, TN. Updated on demand as visitors ask.

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Growth & development in Clarksville, TN Updated 144 days ago
Clarksville is experiencing significant growth with new manufacturing, commercial developments, and infrastructure improvements, alongside a booming housing market.
Opportunities
  • Japan-based T.RAD is investing $90.2 million in Clarksville, creating 928 jobs in the Clarksville-Montgomery County Corporate Business Park South. — This expands employment opportunities and strengthens the local economy. Clarksville Now
  • Two new solar farms began operating in Clarksville over a year ago, generating enough clean energy for nearly 1,000 homes. — These projects provide clean energy and contribute to stable energy costs for residents. Clarksville Now
  • The Industrial Park Childcare Center opened in August 2024, providing 641 childcare spots for industrial employees and the broader community. — This expands childcare options, supporting workforce participation and economic growth. UT Center for Industrial Services
  • Numerous new construction homes are available in Clarksville, with hundreds of listings across various communities. — This increases housing supply, offering more choices for residents. Zillow, Redfin, Trulia
  • The Red River Pedestrian Bridge is under construction, connecting greenways for approximately 11 miles of interconnected trails. — This expands recreational opportunities and improves connectivity for pedestrians. Clarksville Now, Clarksville TN
Concerns
  • Extensive construction on Interstate 24 north of the state line, beginning April 2026, is expected to cause traffic delays for motorists. — This imposes unconsented costs through increased travel times and inconvenience. Clarksville, TN
Bottom line: Clarksville is experiencing substantial growth in manufacturing and residential development, coupled with ongoing infrastructure and quality-of-life improvements.
Local news & events in Clarksville, TN Updated 144 days ago
Clarksville experienced a devastating EF-3 tornado in December 2023, prompting significant recovery efforts, while also seeing continued population growth and ongoing concerns about housing affordability and infrastructure.
Opportunities
  • Clarksville's overall crime rate has continued to decline year after year, even with significant population growth, and is lower than the statewide figure. — This expands safety and security for residents, fostering a more secure environment for daily life and activities. Clarksville Now
  • The F&M Bank Arena and Ford Ice Center Clarksville officially opened in July 2023, providing a new venue for sports, concerts, and community ice skating. — This expands entertainment, recreational, and cultural opportunities for residents. Clarksville Now
  • Clarksville Parks and Recreation hosts numerous events year-round, including fitness activities, family leisure events, and cultural celebrations. — This expands opportunities for recreation, community engagement, and healthy lifestyles for all populations. Visit Clarksville TN
  • The Clarksville Police Department has received new oral drug testing equipment and training to enhance crime fighting efforts. — This expands law enforcement capabilities, contributing to a safer community. Clarksville Now
  • The city is investing in new schools and expanding existing ones to meet demand from rapid population growth. — This expands educational opportunities and resources for families moving into the area. YouTube - The TRUTH About Living In Clarksville TN EXPOSED
Concerns
  • A devastating EF-3 tornado struck Clarksville in December 2023, causing four deaths, numerous injuries, and major destruction across a 12-mile swath of north Clarksville. — This imposed significant unconsented costs on residents through loss of life, injuries, and widespread property damage. ACCESS Newswire
  • Clarksville faces a severe shortage of housing, a lack of diversity in housing types, and increasing housing costs that are not keeping pace with incomes. — This restricts housing choices and imposes higher living costs on residents, making it harder to afford housing. YouTube - Clarksville Faces Growing Pains
  • The Hankook & Company ES America battery plant was in "significant noncompliance" for violating lead discharge limits in wastewater for several months in 2025. — This imposed an unconsented environmental cost through potential lead pollution in local waters. Clarksville Now
  • Traffic congestion is worsening, especially during rush hour on major roads, due to rapid population growth and new developments. — This restricts efficient travel and imposes time costs on residents due to increased commute times. YouTube - The TRUTH About Living In Clarksville TN EXPOSED
  • Recent flooding of 220 homes was attributed to uncontrolled construction without considering environmental factors and storm drainage problems. — This imposed unconsented property damage and financial costs on homeowners due to inadequate infrastructure planning. Clarksville Now
Bottom line: Clarksville is actively recovering from a major tornado while navigating challenges of rapid growth, including housing and infrastructure strains, despite a declining crime rate and expanding community amenities.
Schools in Clarksville, TN Updated 144 days ago
Clarksville-Montgomery County School System (CMCSS) is experiencing significant growth, leading to new construction projects and policy changes, while also demonstrating improved academic performance.
Opportunities
  • For the 2024-25 school year, CMCSS was designated an "Advancing District" by the Tennessee Department of Education for the second consecutive year. — This indicates sustained improvement in overall district performance and student outcomes. ClarksvilleNow.com
  • Over 70% of CMCSS schools earned an A or B letter grade on the 2024-25 Tennessee State Report Card, with 90% earning a C or higher. — This reflects a significant increase in academic achievement across a majority of schools. ClarksvilleNow.com
  • CMCSS achieved a system-wide TVAAS composite score of 5, the highest possible rating for student growth, for the second consecutive year in 2024-25. — This demonstrates exceptional student academic progress and effective teaching strategies. ClarksvilleNow.com
  • Elementary students will now enjoy 40 minutes of unstructured, screen-free recess daily, a significant increase from the previous average. — This expands opportunities for physical activity and social development for younger students. Clarksville Now
  • CMCSS plans to build five new schools by 2035, including three elementary, one middle, and one high school, to alleviate overcrowding. — This addresses growing enrollment and provides more adequate learning spaces for students. ClarksvilleNow.com
Concerns
  • A new "blackout" policy for the 2025-26 school year bans cell phone use throughout the instructional day, including passing periods. — This restricts student access to personal devices during school hours, potentially limiting communication with family. Clarksville Now
  • CMCSS could face a potential $12 million impact on its budget due to a federal freeze on approximately $7 billion in education funding. — This could lead to cuts in various federal programs, potentially impacting student services and resources. ClarksvilleNow.com
  • CMCSS completed a comprehensive elementary rezoning during the 2023-2024 school year, impacting over 20 elementary school zones. — This process can be disruptive for families due to uncertainty and changes in school assignments. Clarksville Online
Bottom line: CMCSS is actively expanding facilities and improving academic outcomes amidst rapid enrollment growth, though federal funding uncertainties and new policies present challenges.
Civic & policy in Clarksville, TN Updated 144 days ago
Clarksville is experiencing significant changes in property taxes, zoning regulations, and building codes, driven by rapid population growth and a focus on infrastructure and public safety.
Opportunities
  • The Clarksville City Council adopted a new budget for fiscal year 2024-25 that included a 5% general wage increase for all City employees. — This increases the earning potential and financial stability for city employees. Clarksville, TN City Council
  • The City Council approved the creation of a special revenue fund for fines collected from neglected properties to support the 'Restoring Clarksville Initiative'. — This provides dedicated funding to improve neighborhood aesthetics and property values. Clarksville, TN Budget
  • The Clarksville City Council approved the first reading of the FY2025-26 budget with a four-cent property tax increase, lower than initially proposed. — This provides necessary revenue for city services while mitigating the financial impact on homeowners. Main Street Media of Tennessee
  • An ordinance was passed making sidewalks mandatory for new developments along public roads and dedicated easements in most zoning districts. — This enhances pedestrian safety and connectivity within new communities. Municode Library
Concerns
  • The Clarksville City Council approved a four-cent property tax increase for the Fiscal Year 2025-26 budget. — This increases the cost of property ownership for residents. Main Street Media of Tennessee
  • A proposed ordinance would require sprinklers in 'stacked duplexes,' potentially increasing housing costs. — This could make affordable housing more difficult to build and increase costs for developers and renters. ClarksvilleNow.com
  • An ordinance effective May 2, 2024, amended C-2 zoning to require townhouses to contain three or more units, restricting smaller multi-family developments. — This limits housing options for smaller multi-family dwellings in C-2 districts. Clarksville Zoning Ordinance
  • The City Council sent back a rezoning request for a 5-story apartment building due to concerns about traffic congestion. — This delays or prevents the creation of additional housing units, potentially impacting housing supply. ClarksvilleNow.com
  • An ordinance adopted July 1, 2025, amended the property maintenance code to clarify parking requirements in commercial and residential zones. — This may impose new restrictions or costs on property owners regarding parking. Municode Library
Bottom line: Clarksville is navigating growth with increased property taxes and stricter building/zoning regulations, while also investing in public services and infrastructure.

AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.

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Best ZIP codes in Clarksville, TN-KY

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Landlord Ground Truth

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Avg Home Value
$335,142
Avg Monthly Rent
$1,403
1% Rule
✗ Below
Landlord Friendly (TN)

🎓 Colleges & Universities in Clarksville

4 Colleges 10,225 Students 1,491 Off-Campus Renters
C+
North Central Institute
2-Year For-Profit · 55 students
C+
Austin Peay State University
4-Year Public · 9,945 students
📍 ~1,491 students rent off-campus
C+
Queen City College
Vocational For-Profit · 127 students
C
Austin's Beauty College Inc
Vocational For-Profit · 98 students

Investor Insight: With 1,491 students living off-campus, Clarksville has substantial rental demand from the college population — typically stable, lease-renewing tenants.

Neighborhoods in Clarksville

ZIP Codes in Clarksville, TN

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Frequently Asked Questions About Clarksville, TN

What is the average monthly rent in Clarksville, TN?

Investors in Clarksville, TN typically see rents near $1,403/mo per month against $335K home values - a solid setup for rental cash flow.

What are vacancy rates like in Clarksville, TN?

Clarksville, TN carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,403/mo.

Should investors consider Clarksville, TN?

Yes - Clarksville, TN a 3.0/5 investability score. With $335K home prices against $1,403/mo monthly rent, the market delivers a reasonable entry point for new investors.

Does house hacking work in Clarksville, TN?

The a challenging house-hack environment in Clarksville, TN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Is Clarksville, TN landlord-friendly?

The landlord environment in Clarksville, TN is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

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