What is the Average Rent for a 1-Bedroom Apartment in Clarksville Right Now? - Clarksville - 1

Recently, there has been a noticeable increase in inquiries about 1-bedroom apartments in Clarksville.

From families stationed near Fort Campbell to Korean households considering commuting to Nashville, the types of inquiries have become more diverse. Based on various property data, the average rent for a 1-bedroom apartment in Clarksville is estimated to be around $995 to $1,100. In the case of new constructions or complexes with good amenities, the rent can go up to about $1,116, while older small complexes still have listings in the low $900s.

It can be confusing, right? Rental prices can vary slightly from site to site each time you search, making it hard to know which numbers to trust. This phenomenon occurs because there is a difference between the listed rental prices and the actual prices at the time of contract signing. I usually cross-check multiple sources to provide a median value. While some reports indicate that the median price in Clarksville is around $1,395, this is likely skewed by including properties with two bedrooms or more, so when focusing solely on 1-bedrooms, the actual market price is closer to around $1,000.

Regionally, there is a clear difference in rent between downtown Clarksville and the outskirts near Fort Campbell. Downtown and areas near Austin Peay State University tend to have higher rents due to overlapping demand from students and young professionals, while residential areas on the outskirts often offer 1-bedrooms at prices that are $100 to $150 cheaper. Studios are observed to be in the low $800s, and 2-bedrooms are moving in the range of $1,150 to $1,300, so I recommend calculating the budget difference between studios and 1-bedrooms based on your family size.

Looking at the trends over the past year, Clarksville's rental market shows a tendency toward stability or slight decline rather than a clear increase. One report indicated that rents have decreased by about $37 per month compared to the previous year, while another source reported a 4.7% decline, and yet another noted a 1% drop, indicating a common trend of decline across various sources. After a rapid increase in rents due to demand from military families and its popularity as a suburban city for Nashville, it seems that the current period is characterized by a slowdown in the upward trend as new supply increases.

When compared to nearby Nashville, Clarksville stands out for its value. While Nashville's average rent is reported to be around $1,832, Clarksville's is approximately $1,257, showing a significant difference even within the same commuting zone. If commuting to Nashville is not a burden, living in Clarksville and significantly reducing rental costs is definitely a viable option to consider.

  • Downtown/Austin Peay area: Studios in the $800 range, 1-bedrooms around $1,050 to $1,150
  • Outskirts near Fort Campbell: 1-bedrooms in the $900 to $1,000 range, relatively affordable
  • New amenity complexes: Over $1,100, check if utilities are included

From the perspective of Korean households, it is still difficult to say that a large Korean community has formed in Clarksville, but it is worth noting that it is about a 45-minute to 1-hour drive to the Korean town in Nashville. Many families actually adopt a practical strategy of handling grocery shopping or visits to Korean markets during trips to Nashville while choosing to live in Clarksville, where rental costs are lower. If prioritizing school districts for children, I recommend exploring quieter residential areas before considering the Austin Peay vicinity.

In conclusion, Clarksville maintains a relatively stable rental level of around $1,000 for 1-bedrooms, and recent trends appear to lean more toward stability or decline rather than upward pressure. However, rental prices can fluctuate frequently based on property conditions and seasons, so please make sure to check the latest listings right before signing a contract.