Clarksville, Indiana Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Clarksville, Indiana rental market.

Clarksville, Indiana

Average Apartment Rent

$1,131

Y-o-Y Change in Average
Apartment Rent

1.8%

As of May 2026

Compared to a year ago, Clarksville, Indiana apartments have recorded a 1.8% rent increase.

Clarksville, Indiana Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Clarksville $955 $1,108 $1,137 $1,121 $1,082 $1,090 $1,115 $1,124 $1,129
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Clarksville
National
Jul 2023
$955
$1,741
Nov 2023
$1,108
$1,732
Mar 2024
$1,137
$1,736
Jul 2024
$1,121
$1,756
Nov 2024
$1,082
$1,749
Mar 2025
$1,090
$1,755
Jul 2025
$1,115
$1,767
Nov 2025
$1,124
$1,753
Mar 2026
$1,129
$1,750

Clarksville, Indiana Average Apartment Rent

Clarksville, Indiana Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 51.15%, apartments priced $1,000 - $1,500 represent the bulk of Clarksville, Indiana rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.39%.

Clarksville, Indiana Housing tenure**

Renter occupied housing units 3,607
Owner occupied housing units 5,374

Renters take up 40% of Clarksville, Indiana real estate, occupying a total of 3,607 units, while homeowners live in 5,374 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$38,427

Average household size of renter-occupied housing units**

2.2

Rental vacancy rate**

8.7%

Clarksville, Indiana Renter-occupied housing units by no. of bedrooms**

No bedrooms 87
1 bed 1,295
2 beds 1,356
3 beds 780
4 beds 89

There are 1,356 rentals in Clarksville, Indiana with 2 beds making up the highest share of the market, at 38%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 87 units. Overall, the median number of rooms in Clarksville, Indiana homes for rent is 4.1.

Clarksville, Indiana Renter-occupied units by age of householder**

15 - 24 years 409
25 - 34 years 910
35 - 44 years 735
45 - 54 years 518
55 - 59 years 191
60 - 64 years 106
65 - 74 years 329
75 - 84 years 125
85 years and over 284

Most condos for rent in Clarksville, Indiana are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 3%.

Clarksville, Indiana Renter-occupied housing units by family type**

Family households 1,553
Non-Family Households 2,054

Clarksville, Indiana Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 993
No related children of the householder under 18 2,614

A total of 1,553 apartments for rent in Clarksville, Indiana, or 43% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 993 units. All in all, the median size of a renter-occupied household in Clarksville, Indiana is 2.2.

Clarksville, Indiana Renter-occupied housing units by educational attainment**

Less than high school graduate 612
High school graduate (including equivalency) 1,332
Some college or associate's degree 1,275
Bachelor's degree or higher 388

In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in Clarksville, Indiana.

Clarksville, Indiana Renter-occupied units by year structure built**

Built 2010 - 2019 164
Built 2000 - 2009 203
Built 1990 - 1999 281
Built 1980 - 1989 515
Built 1970 - 1979 1,059
Built 1960 - 1969 646
Built 1950 - 1959 380
Built 1940 - 1949 143
Built 1939 or earlier 201

The highest share of Clarksville, Indiana apartment rentals, namely 29% or 1,059 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (18%, 646 units), and the ones Built 1980 - 1989 (14%, 515 units).

Clarksville, Indiana Renter-occupied units by year householder moved in**

Moved in 2021 or later 385
Moved in 2018 to 2020 1,030
Moved in 2010 to 2017 1,730
Moved in 2000 to 2009 416
Moved in 1990 to 1999 33

Median year renter moved into unit 2016

Most Clarksville, Indiana renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Clarksville, Indiana condos for rent is 2016.

Clarksville, Indiana Renter-occupied housing units by vehicles available**

No vehicle available 477
1 vehicle available 1,895
2 vehicles available 997
3 or more vehicles available 238

When it comes to transportation options, 53% of Clarksville, Indiana renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 13% have No vehicle available.

Clarksville, Indiana Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,794
Car, truck, or van - carpooled 585
Walked 131
Taxicab, motorcycle, bicycle, or other means 173
Worked at home 118

Clarksville, Indiana Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 6,942
Moved within same county 351
Moved from different county within same state 183
Moved from different state 299
Moved from abroad 46

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Clarksville, Indiana apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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