City Report · IN

Clarksville

Pop. 22,016·44th most expensive in Indiana·One of the most affordable rental markets in the US
Median rent (all units)
$1,156/mo
Year-over-Year
Stable
Month-over-Month
+1.6%
vs US Median
-$776
Reported rents
Rising (Monthly)
Be the first to discuss Clarksville rents ↓
Most AffordableMost Expensive
Clarksville · $1,156
More affordable than 94% of US cities · National median $1,932/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,156/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$46,000/yr
Local median income
$60,467/yr
Based on the 30%-of-income rule using Clarksville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$940
1 BR
$1,020
2 BR
$1,240
3 BR
$1,600
4 BR+
$1,850
Fair Market Rent (HUD)
$1,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,156 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($60,467) is $1,512 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,240); a 3-bedroom is $1,600.

From Zillow's monthly rent index (ZORI) for Clarksville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,872/yr
At $1,156/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.6% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Clarksville, IN is majority owner-occupied, has a median income below the national average, 21.6% of residents hold a bachelor's degree or higher.

Population
22,016
Median income
$60,467
Median age
39.3
Renters
39.4%
Age distribution
20%
26%
24%
13.7%
16.2%
Under 1820%
18–3426%
35–5424%
55–6413.7%
65+16.2%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
75.1%
15.7%
White75.1%
Black8.7%
Hispanic15.7%
Asian0.8%
Education (25+)
15.2%
33%
30.2%
21.6%
No HS diploma15.2%
HS diploma33%
Some college30.2%
Bachelor's+21.6%
Housing tenure
60.6%
39.4%
Owner60.6%
Renter39.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Clarksville, IN has changed in 5 years

Income
$49,892 → $60,467
up 21.2%
Population
22,169 → 22,016
down 0.7%
Renter share
38.8% → 39.4%
+0.6 pts
Bachelor's+
19.4% → 21.6%
+2.2 pts
Median age
40.3 → 39.3
-1.0 yrs

Local incomes tracked alongside that move, going from a median of $49,892 in 2021 to $60,467 more recently. College-educated residents now make up 21.6% of adults here, versus 19.4% in 2021.

Community

Discussions about Clarksville

No discussions yet. Start the conversation.

View Clarksville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Clarksville on your salary?

At $1,156/mo, how Clarksville rent compares to typical pay (30% rule).

By apartment size

Clarksville rent by bedroom count

Median rent for each apartment size in Clarksville. Click any size for full breakdown.

Local insights

Tips for renters in Clarksville

About renting in Clarksville, IN

Last updated: October 17, 2026

The median rent in Clarksville is $1,156/mo as of October 2026. A studio apartment averages $940/mo while a 2-bedroom runs $1,240/mo. One-bedroom apartments average $1,020/mo and 3-bedroom units go for $1,600/mo.

At 23% of local median household income ($60,467/yr), Clarksville ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Clarksville?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (about $22/hour full-time) to afford the median rent of $1,156/mo in Clarksville. The local median household income is $60,467/yr, so the typical household meets that bar.

Is rent going up or down in Clarksville?

Rent in Clarksville has been roughly flat over the past year, a 0.0% change.

How does Clarksville rent compare to other cities in Indiana?

Clarksville is one of the more affordable among Indiana cities for rent, ranking #44 of 60 tracked cities at $1,156/mo.
Income Affordability
23%
VERY AFFORDABLE

At $1,156/mo, rent takes ~23% of Clarksville's median household income ($60,467/yr). The standard benchmark is 30%.

Clarksville 23%Benchmark 30%
State income tax3.05%
Run the Clarksville affordability calculator →
Lowest-rent ZIP codes in Clarksville
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Clarksville, IN

Recent submissions

Be the first to submit your rent for Clarksville.

Recent discussions

No discussions yet.