ZIP Code · TN

ZIP 37043

Pop. 58,742·Montgomery County·101st most expensive ZIP in Tennessee
Median rent (all units)
$1,477/mo
Year-over-Year
+3.7%
Month-over-Month
+0.7%
vs US Median
-$455
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37043 · $1,477
More affordable than 75% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,170
1 BR
$1,170
2 BR
$1,440
3 BR
$2,000
4 BR+
$2,420
Research median
$1,440/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 37043 usually run 0.8% below trend in January and 0.8% above it in August, about $24 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 37043 is at its highest level since Zillow's records here began in April 2016.

Past year vs. the rest of Tennessee

Rent in ZIP 37043 changed +3.7% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 37043 rose 42.6% while median household income rose 34.8% ($70,655 to $95,219). Rent outpaced income.

Since before the pandemic

Rent in ZIP 37043 is 41.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($95,219) is $2,380 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,000); a 4-bedroom is $2,420.

Rank in Clarksville

3rd cheapest of 3 ZIP codes in Clarksville.

Cheaper nearby

ZIP 37040, 6 miles away, rents for 12% less ($1,303/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 37043. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,724/yr
At $1,477/mo median
Location
StateTN
CountyMontgomery County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 37043 (Clarksville, TN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 42.8% of residents hold a bachelor's degree or higher.

Population
58,742
Median income
$95,219
Median age
36.4
Renters
29.5%
Age distribution
25.9%
22.3%
27.4%
13.8%
Under 1825.9%
18–3422.3%
35–5427.4%
55–6410.6%
65+13.8%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
75.9%
White75.9%
Black11.2%
Hispanic6.1%
Asian3.2%
Other3.6%
Education (25+)
22.4%
30.7%
42.8%
No HS diploma4.1%
HS diploma22.4%
Some college30.7%
Bachelor's+42.8%
Housing tenure
70.5%
29.5%
Owner70.5%
Renter29.5%

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

2021 vs 2026

How ZIP 37043 in Clarksville, TN has changed in 5 years

Rent
$1,126 → $1,477
up 31.2%
Income
$80,856 → $95,219
up 17.8%
Population
51,607 → 58,742
up 13.8%
Renter share
28.9% → 29.5%
+0.6 pts
Bachelor's+
41.3% → 42.8%
+1.5 pts

The median rent in ZIP 37043 in Clarksville, TN stood at $1,126 in 2021 and currently runs about $1,477, reflecting a 31.2% increase over the period. Local incomes tracked alongside that move, going from a median of $80,856 in 2021 to $95,219 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 13.8% since 2021, moving from about 51,607 residents to roughly 58,742. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 37043 in Clarksville, TN market of 2021.

Community

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Local insights

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About renting in ZIP 37043

Last updated: October 17, 2026

ZIP code 37043 covers Clarksville, TN. The median rent here is $1,477/mo as of October 2026. A 1-bedroom rents for a median of $1,170/mo. A 2-bedroom rents for a median of $1,440/mo.

At 19% of local median household income ($95,219/yr), ZIP 37043 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37043?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,477/mo in ZIP 37043. The local median household income is $95,219/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37043?

Rent in ZIP 37043 has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2016.

When is the cheapest time to rent in ZIP 37043?

Asking rents in ZIP 37043 are usually lowest in January, about 0.8% below their yearly trend, and highest in August, about 0.8% above it. At today's median that is a gap of roughly $24 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 37043?

Yes. From 2019 to 2024, rent in ZIP 37043 rose 42.6% while median household income rose 34.8%, from $70,655 to $95,219. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 37043 compare to other ZIPs in Tennessee?

ZIP 37043 is one of the more affordable among Tennessee ZIP codes for rent, ranking #101 of 147 at $1,477/mo. Over the year to September 2026, rent in ZIP 37043 changed +3.7%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.

How does ZIP 37043 compare to the rest of Clarksville?

At $1,477/mo, ZIP 37043 is $105 above the Clarksville citywide median of $1,372/mo. It is the 3rd cheapest of 3 ZIP codes in Clarksville.
Income Affordability
19%
VERY AFFORDABLE

At $1,477/mo, rent takes ~19% of ZIP 37043's median household income ($95,219/yr). The standard benchmark is 30%.

ZIP 37043 19%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37043 (Clarksville, TN)

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