Housing Market Analysis · 2026

Rent vs Buy in Clarksville, TN

Local prices pre-filled. Adjust any input to match your situation.

Median Home Price $289,122
Median Rent $1,351/mo
Price-to-Rent Ratio 18x
YoY Price Change -0.6%
Income Needed $71K

Should you buy in Clarksville?

Price-to-Rent Ratio

18x — is competitive for buying

A price-to-rent ratio of 18 suggests buying may be competitive with renting in Clarksville, TN, depending on your mortgage rate and time horizon.

Monthly Cost Gap

Monthly ownership costs run about $788 above median rent in Clarksville, TN. This relatively tight gap makes the rent-vs-buy decision especially sensitive to how long you stay in the home.

Price Trends

Home prices in Clarksville, TN declined 0.6% year-over-year, which creates potential buying opportunities but also signals some market softness worth monitoring.

Affordability

With an income threshold of $71K, Clarksville, TN is among the more accessible markets for first-time buyers — though the decision still hinges on how long you plan to stay.

Interactive Calculator — Clarksville Pre-filled

Values are set to Clarksville, TN medians. Change anything to match your scenario.

At 10 years

Renting wins by $68K

No breakeven in selected timeframe.

Home Purchase
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Rent & Growth Assumptions
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Down Payment$57,824
Closing Costs$8,674

Monthly Cost (Year 1)

Buy $2,139
Rent $1,351
Mortgage$1,508
Tax$265
Insurance$125
Maintenance$241

Wealth Over Time

Buyer Wealth $185,827
Renter Wealth $253,432
Breakeven No breakeven
YearBuyerRenterWinner
1$52K$81KRent
2$65K$96KRent
3$78K$113KRent
4$91K$130KRent
5$106K$148KRent
6$120K$166KRent
7$136K$186KRent
8$152K$208KRent
9$168K$230KRent
10$186K$253KRent

Common Questions — Renting vs Buying in Clarksville

Other TN Markets to Compare

See how the rent-vs-buy math stacks up in other TN cities.