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Aerial view of Clarksville, Tennessee in October 2020

Investor-friendly real estate agents in Clarksville, TN

We match investors with vetted Clarksville-area agents who own rentals, run the numbers, and know the local rules. Free for investors.

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Clarksville from the air, October 2020. Photo: Pi.1415926535, CC BY-SA 4.0
Who you'll work with

4 vetted investor agents across the Clarksville metro

Clarksville is the Tennessee side of the Fort Campbell market and one of the faster-growing metros in the state. The Clarksville metro has grown about 10% since 2019 to roughly 349,000 people, and jobs are up about 12%. Prices kept pace: typical home values are about $289,000 and typical rent about $1,340, roughly 0.46% a month, so a median-priced rental won't cash flow with a mortgage at today's rates. The draw is steady military rental demand; the cost is scheduled turnover. Tennessee law is landlord-friendly, and the city requires an operating permit for most short-term rentals. Our vetted agent partners cover Clarksville and Montgomery County, and some also work Oak Grove, KY or the Nashville area. One runs a full-service investor brokerage through property management.

Buy-and-hold rentals with management

Single-family rentals through a brokerage that handles the purchase, helps line up financing and rehab work, and places tenants and manages the property after closing.

Multifamily & commercial

Duplexes, small multifamily and commercial property, from agents whose tagged expertise is multifamily and commercial.

Fix & flip

Value-add buys and resales, from an investment-focused agent who got licensed to flip homes himself.

Areas our agents cover
ClarksvilleMontgomery CountyFort Campbell areaOak Grove, KYSpringfieldNashville
A street scene in downtown Clarksville, Tennessee
Downtown Clarksville, the Montgomery County seat. Inside city limits, most short-term rentals need a city operating permit.Photo: GatewayPolitics, CC BY-SA 4.0
The American Queen riverboat docked at the Clarksville riverfront on the Cumberland River
The Cumberland River riverfront downtown.Photo: NachoServant, CC BY-SA 4.0
The Clarksville Greenway trail in Clarksville, Tennessee
The Clarksville Greenway. The metro has added about 33,000 people since 2019.Photo: Elijah Henderson elijahhenderson, CC0 1.0
Market signals

Is Clarksville worth investing in? The long-term trends

People, jobs, rents and prices for the Clarksville metro, straight from the Census Bureau, the Bureau of Labor Statistics and Zillow. Hover or tap a chart for exact values.

Metro population
+17% in 10 years, to 349K people
250K275K300K325K350K20102014201820222025349K
July 1 estimates; 2010–2019 are Census intercensal estimates, consistent with the 2020 Census. Source: U.S. Census Bureau, Population Estimates (Clarksville, TN-KY metro)
View data table
PeriodValue
2010275,174
2011278,458
2012289,263
2013288,129
2014293,130
2015297,187
2016298,790
2017304,592
2018311,084
2019316,410
2020321,823
2021328,992
2022335,725
2023340,083
2024346,603
2025349,001
Net move-ins from the rest of the U.S.
+15K net domestic movers since 2010
−10K−5K05K201120142017202020232025
Net domestic migration, year ending July 1. Source: U.S. Census Bureau, Population Estimates (Clarksville, TN-KY metro)
View data table
PeriodValue
2011-701
2012+4,161
2013-6,360
2014+376
2015-1,145
2016-2,770
2017+2,027
2018+3,160
2019+1,790
2020+1,825
2021+5,250
2022+3,839
2023+901
2024+2,699
2025-530
Jobs (total nonfarm)
+18% since 2015, about 17K jobs added
80K90K100K110K20102014201820222025108K
Annual average, complete years. Latest month: August 2026, 107,400 jobs (not seasonally adjusted). Source: U.S. Bureau of Labor Statistics, Current Employment Statistics (total nonfarm)
View data table
PeriodValue
201083,100
201184,100
201286,400
201387,400
201489,000
201591,100
201692,000
201792,900
201894,800
201996,600
202094,200
202197,200
2022101,300
2023104,300
2024107,100
2025107,900
Typical rent
+69% since 2015, +2.1% over the past year
$600$800$1,000$1,200$1,400201520172019202220242026$1,343
Typical asking rent, all homes (smoothed). Source: Zillow Observed Rent Index (ZORI), Clarksville, TN metro
View data table
PeriodValue
Dec 2015$808/mo
Dec 2016$813/mo
Dec 2017$845/mo
Dec 2018$877/mo
Dec 2019$933/mo
Dec 2020$1,010/mo
Dec 2021$1,156/mo
Dec 2022$1,232/mo
Dec 2023$1,269/mo
Dec 2024$1,332/mo
Dec 2025$1,322/mo
Sep 2026$1,343/mo
Typical home value
+84% over 10 years, roughly flat over the past year
$100K$150K$200K$250K$300K201020132016202020232026$289K
Typical home value, mid-tier, seasonally adjusted. Source: Zillow Home Value Index (ZHVI), Clarksville, TN metro
View data table
PeriodValue
Dec 2010$149,798
Dec 2011$151,647
Dec 2012$154,761
Dec 2013$151,506
Dec 2014$153,210
Dec 2015$153,691
Dec 2016$158,375
Dec 2017$163,018
Dec 2018$171,369
Dec 2019$183,581
Dec 2020$204,328
Dec 2021$242,909
Dec 2022$275,800
Dec 2023$284,130
Dec 2024$289,267
Dec 2025$288,123
Sep 2026$289,380
Price-to-rent ratio
18× today, down from a 18.8× peak in 2023
15×16×17×18×19×20152017201920222024202618×
Typical home value ÷ 12 months of typical rent. Lower means rents cover more of the price. Source: Agents Invest calculation from Zillow ZHVI and ZORI
View data table
PeriodValue
Dec 201515.9×
Dec 201616.2×
Dec 201716.1×
Dec 201816.3×
Dec 201916.4×
Dec 202016.9×
Dec 202117.5×
Dec 202218.7×
Dec 202318.7×
Dec 202418.1×
Dec 202518.2×
Sep 202618.0×

Data retrieved October 16, 2026. Figures cover the Clarksville metro area.

Investing in Clarksville

The numbers and rules that matter in Clarksville

Typical home value
~$289,000

Zillow Home Value Index, Clarksville metro, Sep 2026 (+0.2% YoY).

Typical rent
~$1,340/mo

Zillow Observed Rent Index, all home types, Sep 2026 (+2.1% YoY). Single-family 3-beds rent higher.

Monthly rent-to-price
~0.46%

Typical rent ÷ typical home value. Well under the 1% rule; plan on cash flow from buying right, not from rents.

Direction
Rising

Over the past year: home values +0.2%, rents +2.1%.

Tennessee landlord-tenant basics

Montgomery County is large enough to fall under Tennessee's Uniform Residential Landlord and Tenant Act (T.C.A. Title 66, Chapter 28), which applies in counties over 75,000 people. It's generally landlord-friendly. Oak Grove and the rest of the Kentucky side of the metro follow Kentucky law instead. The points investors ask about most:

  • Security deposit: no statutory cap. Hold it in a separate account at a regulated financial institution and tell the tenant where it is. Return it, with an itemized list of any deductions, within 30 days after the tenancy ends.
  • Nonpayment: serve a written notice giving the tenant a window to pay before you file a detainer warrant. The statute has used 14 days; a 2025 bill proposed 7 for newer leases, so confirm the current period with a Tennessee attorney before you serve one.
  • Entry: no fixed statutory notice period for routine entry, but the tenant can't unreasonably refuse it, and emergencies need no notice. Most leases set 24 hours. Put it in yours.
  • No rent control: state law (T.C.A. § 66-35-102) bars cities and counties from controlling rents.
  • Military tenants: the federal Servicemembers Civil Relief Act lets a servicemember end a lease early with written notice and a copy of permanent-change-of-station or deployment orders (90 days or more). Next to Fort Campbell, expect it and write your lease and underwriting with it in mind.

Short-term rental rules in Clarksville

Since 2020 (Ordinance 1-2020-21, now Title 5, Chapter 3 of the city code), it's been unlawful to operate or advertise a short-term rental inside Clarksville city limits without a Short-Term Rental Unit Operating Permit, unless an exemption applies.

  • Apply to the city's Department of Finance and Revenue. The ordinance sets a $150 non-refundable application fee and a $120 renewal fee; a permit is good for one year, and renewals are due at least 30 days before it expires.
  • The city's permit page asks for proof of ownership, proof of insurance, proof that property taxes are paid, and a city and county business license.
  • Per the city, a permit isn't required if you operate only one short-term rental unit, rent a single room in a home you live in, or rent for less than six months a year. Confirm that your situation fits before you rely on it.
  • STRs that were operating before the ordinance can keep going without a permit under state law until the property is sold or transferred, among other triggers. A listing's grandfathered status doesn't come with the house.
  • STRs owe Tennessee sales tax plus local hotel occupancy taxes. Register with the Tennessee Department of Revenue and confirm which taxes your platform collects for you. Unincorporated Montgomery County and the Kentucky side set their own rules, and HOAs can ban STRs.

Last reviewed October 16, 2026. General information, not legal or tax advice — rules and fees change, so confirm with the city, the statute, or your attorney before you rely on them. Sources: Zillow Research data (ZHVI, ZORI) — Clarksville metro; T.C.A. Title 66, Chapter 28 — Uniform Residential Landlord and Tenant Act; T.C.A. § 66-28-505 — Failure to pay rent; HB 1345 / SB 1088 (2025) — proposed notice change; City of Clarksville — Ordinance 1-2020-21 (short-term rental units); City of Clarksville — Permits (short-term rental operating permit); U.S. Department of Justice — Servicemembers Civil Relief Act; U.S. Army — Fort Campbell.

Related guides
Nearby market guides
Clarksville FAQ

Questions investors ask about Clarksville

Which areas do your Clarksville agents cover?

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Our vetted agent partners cover Clarksville and Montgomery County. Between them they also work Oak Grove, KY and the Fort Campbell area, Springfield, and Nashville and its suburbs. One runs a full-service investor brokerage that can place tenants and manage the property after you buy.

Is Clarksville a good market for cash-flowing rentals?

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Not at median prices with a mortgage: typical rent in the Clarksville metro is about 0.46% of home value per month. Military demand keeps rentals occupied, but plan for turnover. Buy below median, consider small multifamily, and check your rent against the housing allowance for Fort Campbell.

Can I run an Airbnb in Clarksville?

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Inside city limits, most short-term rentals need a city operating permit: $150 to apply and $120 a year to renew, with proof of insurance, paid property taxes and a business license. The city exempts some small operators, such as someone with a single unit. Check HOA rules, and know that unincorporated Montgomery County and Oak Grove, KY have their own rules.

Can military tenants break a lease in Clarksville?

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Yes. Under the federal Servicemembers Civil Relief Act, a servicemember who gets permanent-change-of-station orders or deploys for 90 days or more can end a lease early with written notice and a copy of the orders. Plan for it rather than fight it.

Should I buy in Clarksville, TN or Oak Grove, KY?

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It depends on the property. Tennessee and Kentucky have different landlord-tenant laws, property taxes and local rules, and both sides draw Fort Campbell renters. Your agent can compare the two for your budget.

What does it cost to get matched with a Clarksville agent?

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Nothing. Agents Invest is free for investors. The agent pays us a referral fee only if you close a deal with them.

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