Real Estate Investing in Clarksville, Tennessee (37043)

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

Montgomery County • Population: 57,246 • Data updated: September 2026

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Should you buy in 37043 (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 (37043)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $402,309
Avg Monthly Rent $1,488
1% Rule ✗ Does Not Meet
Median Income $88,299
% Renters 28.9%

Market Analysis: 37043 Clarksville

The 37043 ZIP covers a section of Clarksville that demands careful diligence. Prices near $402K look accessible, but the work to make a deal cash flow is real.

The 37043 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Nearby ZIPs in Clarksville have seen price recovery that 37043 has not matched. Montgomery County data supports the view that the spread is structural rather than temporary.

Employment concentration in 37043 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Clarksville:

C+ Average
Buy Confidence Score: 67/100
Affordability
10/25
Appreciation
18/25
Stability
14/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Stable (+1.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,488/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Clarksville, TN-KY Metro Area
More inventory, negotiating room for buyers
63 days
Average time to sell
Slow
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Clarksville, TN-KY metro data
🏠

Property Strategy for 37043

Which property type performs best in this market?

Best for Cash Flow
2BR
4.4% cap rate
Best for Appreciation
3BR
+8.1% 5yr CAGR
Best Overall Value
5BR
$103,877/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $234,250 $1,440 4.4% +3.3% $117,125
3BR $350,847 $2,000 4.1% +8.1% $116,949
4BR $459,151 $2,420 3.8% +7.8% $114,788
5BR $519,387 +7.8% $103,877

Market Trends

Home Value History (with trend line)

$419K$370K$322K$273K$224K$175KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,540$1,389$1,237$1,086$934$782Jul 2016Jul 2021Jul 2026

📊 How Does 37043 Compare?

Metric 37043 Clarksville Clarksville, TN-KY Tennessee
Home Value $402,309 $335,142 N/A $327,001
5-Year CAGR 4.9% 5.1% N/A 7.7%
Avg Rent $1,488 $1,403 N/A -
Cap Rate 2.9% 3.3% - -
💡 Why Invest in 37043? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 37043 (Clarksville, TN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+4.9%
Moderate

📊 Market Snapshot

Home Value $402,309
Monthly Rent $1,488
Price-to-Rent 22.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.9%
5-Year IRR 7.7%

📈 Home Appreciation

1-Year +1.8% ▲
3-Year CAGR +1.4% ▲
5-Year CAGR +4.9% ▲
10-Year CAGR +6.4% ▲

🏠 Rent Trends

1-Year +6.0% ▲
3-Year CAGR +3.9% ▲
5-Year CAGR +3.8% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
5.9%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.9%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 37043

Population: 57,246

💰 Median Household Income
$88,299
This area
$88,299
State
$60,881
USA
$74,580
🏠 Renter Occupied
28.9%
This area
28.9%
State
25.6%
USA
34.0%
💼 Unemployment Rate
1.3%
This area
1.3%
State
-22.2%
USA
3.7%
🎓 College Educated
42.1%
This area
42.1%
State
-6.3%
USA
33.7%
👤 Median Age
35.6 years
This area
35.6 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
5.9%
This area
5.9%
State
15.4%
USA
10.5%
👥 Population by Ethnicity
White 81.4%
Black/African American 8.8%
Other/Mixed 6.9%
Asian 3.0%
Hispanic/Latino 2.8%
👶 Under 18
25.7%
This area
25.7%
USA
22.0%
👴 65 and Over
13.6%
This area
13.6%
USA
17.3%
📊 Poverty Rate
3.6%
This area
3.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 37043

C+ Avg School Grade
12 Schools
18.5:1 Avg Class Size
$12,015 Avg Per Pupil

Schools in This ZIP Code

B Good

Carmel Elementary

📚 Pre-K – 05 Elementary
👥
630 Students
👨‍🏫
16.7:1 Class Size
💰
$12,015 Per Student
B Good

Spanish Immersion @ Barksdale

📚 K – 05 Elementary
👥
270 Students
👨‍🏫
17.4:1 Class Size
💰
$12,015 Per Student
B Good

Barksdale Elementary

📚 Pre-K – 05 Elementary
👥
487 Students
👨‍🏫
18.4:1 Class Size
💰
$12,015 Per Student
B Good

East Montgomery Elementary

📚 Pre-K – 05 Elementary
👥
748 Students
👨‍🏫
18.4:1 Class Size
💰
$12,015 Per Student
B Good

Rossview Elementary

📚 Pre-K – 05 Elementary
👥
1,231 Students
👨‍🏫
17.5:1 Class Size
💰
$12,015 Per Student
B Good

Rossview Middle

📚 06 – 08 Middle
👥
1,059 Students
👨‍🏫
17.1:1 Class Size
💰
$12,015 Per Student
C+ Average

Rossview High

📚 09 – 12 High School
👥
1,575 Students
👨‍🏫
17.1:1 Class Size
💰
$12,015 Per Student
C+ Average

Sango Elementary

📚 K – 05 Elementary
👥
930 Students
👨‍🏫
19.3:1 Class Size
💰
$12,015 Per Student
C+ Average

Kirkwood High

📚 09 – 12 High School
👥
1,009 Students
👨‍🏫
19.6:1 Class Size
💰
$12,015 Per Student
C+ Average

Kirkwood Middle

📚 06 – 08 Middle
👥
1,153 Students
👨‍🏫
21.3:1 Class Size
💰
$12,015 Per Student
C+ Average

Richview Middle

📚 06 – 08 Middle
👥
1,136 Students
👨‍🏫
19.3:1 Class Size
💰
$12,015 Per Student
C+ Average

Clarksville High

📚 09 – 12 High School
👥
1,576 Students
👨‍🏫
20.2:1 Class Size
💰
$12,015 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

4 Nearby 1,491 Off-Campus Students
C+
Austin Peay State University
9,945 students · 7.2 mi
C
Austin's Beauty College Inc
98 students · 7.4 mi
C+
Queen City College
127 students · 11.1 mi
C+
North Central Institute
55 students · 13.4 mi

Investor Insight: With 1,491 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How high is vacancy risk in Clarksville, TN?

Occupancy in Clarksville, TN runs predictable with elevated vacancy. Well-priced units at $1,488/mo lease on reasonable timelines.

What is the average monthly rent in Clarksville, TN?

Average rent in Clarksville, TN is approximately $1,488/mo per month. Against $402K home values that yields a reasonable rent-to-price ratio.

How qualified is the tenant pool in Clarksville, TN?

Tenant quality in Clarksville, TN ranks as solid. Landlords generally report stable occupancy at market rents of $1,488/mo.

Is Clarksville, TN a friendly market for rental owners?

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

Is real estate in Clarksville, TN a good investment right now?

Clarksville, TN stands at an investability rating of 3.0/5, with median home values near $402K and average rents around $1,488/mo. That combination puts it in the notable tier for investor interest.

You know 37043 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 37043 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 37043 ranks in Clarksville, TN-KY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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