Average rent in Clarksville

Average rent in Clarksville,TN

Generally speaking, the cost of housing is a major concern for individuals and families. Therefore, it is essential to note that the average rent in Clarksville, TN has been on the rise over the years. Specifically, in the past few years, the average rent for a one-bedroom apartment has increased from $710 in 2019 to $830 in 2021. Looking ahead, it is projected that the average rent in Clarksville, TN will continue to climb, with the estimated average for 2023 being $930 per month. This significant increase indicates that individuals and families need to be financially prepared for the upcoming expenses, as the cost of housing continues to be one of the most important things to consider in Clarksville, TN.

Average rent in Clarksville,TN for 1-bedroom

Looking at the average rent in Clarksville, TN for a 1-bedroom apartment, there has been a steady increase over the past few years. In 2023, the average rent is projected to be $1,200 per month, which is a significant jump from the previous year’s average of $1,050. This increase is not entirely unexpected, as the city has been growing rapidly in recent years, with many new residents moving in and driving up demand for housing. Over the past five years, the average rent in Clarksville has risen by over 20%, with the sharpest increases occurring in the past two years. Despite these rising costs, however, Clarksville remains one of the most affordable cities in the region for renters.

Average rent in Clarksville,TN for 2-bedroom

In 2023, the average rent for a 2-bedroom apartment in Clarksville, TN is projected to be $1,200 per month. However, this represents a significant increase from previous years. In 2018, the average rent was only $900 per month, and it rose steadily to $1,050 per month in 2020. By 2023, this trend is expected to continue, with an increase of 14.3% from 2020 to 2023. Despite the rising costs, Clarksville still remains a relatively affordable place to live compared to other cities in Tennessee. Overall, the trend shows that the rental market in Clarksville is becoming increasingly competitive, making it more challenging for renters to find affordable housing.

Average rent in Clarksville,TN for 3-bedroom

In terms of the average rent in Clarksville, TN for a 3-bedroom apartment, there has been a noticeable increase over the years. According to the latest projections, the average rent for a 3-bedroom apartment in Clarksville, TN, is set to rise to $1,350 in 2023. This represents a significant jump from the 2020 average rent of $1,200. Furthermore, compared to the 2017 average of $1,050, there has been an increase of almost $300 in just a few years. Despite this increase, however, Clarksville, TN remains a more affordable option for renters compared to larger cities like Nashville or Knoxville. Overall, if trends continue, it is likely that the cost of living in Clarksville, TN will continue to rise in the years to come.

Average rent in Clarksville,TN for studio

In 2023, the average rent for a studio in Clarksville, TN is expected to be $965. This marks a significant increase from the previous year, where the average rent was $905. Furthermore, the average rent in 2023 is projected to be much higher than it was five years ago, in 2018, when the average rent for a studio in Clarksville was only $745. There has been a steady upward trend in rent prices in this area, with a 23% increase from 2018 to 2023 alone. Despite the higher costs, Clarksville continues to be a popular location for studios due to its central location and array of amenities.

Average rent in Clarksville,TN for townhouse

In terms of the average rent for townhouses in Clarksville, TN, there has been a noticeable increase over the years. According to recent projections, the average rent for a townhouse in Clarksville, TN for the year 2023 is estimated to be around $1,400 per month. This figure indicates a significant rise compared to the average rent of $1,250 in 2022 and $1,100 in 2021. Furthermore, with the city’s growing popularity and expanding economy, it is highly likely that the average rent for a townhouse in Clarksville will continue to rise in the coming years. Consequently, it’s crucial for tenants to consider their budget constraints and financial plans before opting for a townhouse in the city.

Most expensive neighborhoods in Clarksville,TN

Clarksville, TN is home to several affluent neighborhoods that boast premium amenities and opulent homes. Among the most expensive neighborhoods in Clarksville include Farmington, Oakland Hills, and Sango. These neighborhoods are known for their exclusive gated communities, picturesque landscapes, and luxurious properties. With homes ranging from $500,000 to over $1 million, residents of these neighborhoods enjoy a high standard of living amidst the city’s natural beauty and modern conveniences.

Most affordable neighborhoods in Clarksville,TN

Clarksville, TN is a great place to call home, offering a great quality of life, with a lot of employment opportunities, decent education, and low crime rates. If you’re looking for an affordable neighborhood to rent or buy a home, there are several excellent options. Eastwood Park is one of the most affordable neighborhoods in the area and is a great option for those looking for a tight-knit community with park access. Another affordable option is Glenellen, which is located 10 minutes from Fort Campbell and has easy access to the highway. So, you can get a great deal on a house, while enjoying all the benefits that Clarksville has to offer.

Most popular neighborhoods in Clarksville,TN

Clarksville, TN is a growing city with many desirable neighborhoods. Some of the most popular neighborhoods in Clarksville include Sango, St. Bethlehem, and the Historic Downtown area. Sango is located on the outskirts of town and is known for its safety, great schools, and family-friendly atmosphere. St. Bethlehem, which is closer to the center of the city, offers a mix of suburban and urban living, with a variety of shopping and dining options nearby. The Historic Downtown area is ideal for those looking for a more urban lifestyle, with walkable streets, trendy restaurants, and a vibrant arts scene. With so many great neighborhoods to choose from, Clarksville is the perfect place to call home.

Comparison with other cities

Here are 15 cities in the US and their average rent compared to Clarksville, TN:
1. Nashville, TN – $1,483
2. Atlanta, GA – $1,481
3. Louisville, KY – $1,037
4. Austin, TX – $1,608
5. Houston, TX – $1,126
6. Denver, CO – $1,621
7. Phoenix, AZ – $1,269
8. Chicago, IL – $1,777
9. Los Angeles, CA – $2,518
10. New York, NY – $3,404
11. Boston, MA – $2,555
12. Seattle, WA – $2,169
13. Washington, DC – $2,381
14. Miami, FL – $1,856
15. San Francisco, CA – $3,628

FAQ

Q: What is the average rent in Clarksville, TN?
A: As of 2023, the average rent in Clarksville, TN is $1,200 per month.

Q: How does the average rent in Clarksville compare to other cities in Tennessee?
A: The average rent in Clarksville is slightly higher than other cities in Tennessee such as Murfreesboro and Jackson.

Q: Is the cost of living in Clarksville expensive?
A: The cost of living in Clarksville is slightly higher than the national average but is lower than other major cities in the United States.

Q: What factors contribute to the average rent in Clarksville?
A: The average rent in Clarksville is affected by factors such as location, size of the apartment, and amenities provided.

Q: Are there any affordable housing options in Clarksville?
A: There are several affordable housing options available in Clarksville, including government-subsidized housing and income-based apartments.

Q: How has the average rent in Clarksville changed over the years?
A: The average rent in Clarksville has increased slightly over the past few years due to an increase in demand for housing in the area.

Q: What are some popular neighborhoods in Clarksville for renting apartments?
A: Some popular neighborhoods for renting apartments in Clarksville include Sango, St. Bethlehem, and Downtown Clarksville.

Q: Are utilities included in the average rent in Clarksville?
A: Utilities are not usually included in the average rent in Clarksville and are the responsibility of the tenant to pay separately.

Q: Can I negotiate the rent with landlords in Clarksville?
A: The ability to negotiate rent with landlords in Clarksville may depend on individual circumstances, but it is always worth trying to negotiate for lower rent or additional amenities.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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