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Updated over 1 year ago on . Most recent reply

John Williams's profile image
John Williams's profile image
John Williams
  • Property Manager
  • from Clarksville, TN
  • Member since Apr 23, 2018
Connect

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437
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208
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John Williams's profile image
John Williams's profile image
John Williams
  • Property Manager
  • from Clarksville, TN
  • Member since Apr 23, 2018
Connect
John Williams
  • Property Manager
  • Clarksville, TN
208
Votes |
437
Posts
Market Trends & Data

Buying Vs. Renting in Clarksville, TN

John Williams
  • Property Manager
  • Clarksville, TN
Posted

The average asking price for rent on a 3br, 2ba home in Clarksville, TN is $1,729/month. 

The average asking price on a 3br, 2ba home for sale in Clarksville, TN is $321,799. With a 5% down payment, a buyer could expect a monthly PITI payment around $2500 - $2700 /month.

Could rental rates increase as demand for rental homes increases (because purchases are less affordable)? This could be good for rental property owners. 

Buyers do have a lot more leverage in this market because homes are sitting on the market and sellers are offering concessions. 

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