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Clarksville city, TN

ZIP 37040 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37040

Median Home Value
$242,400
Median Rent
$971
Affordability Snapshot
$67,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,557/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37040 in Clarksville city, TN, a household would need roughly $67,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,557. That is roughly in line with the local median household income ($65,331). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
58.6%-10% vs US avg
x
Vacancy Rate
6.0%-42% vs US avg
x
Broadband Access
92.3%+6% vs US avg
x
4+ Bedrooms
3.6%-76% vs US avg
x
Built Pre-1939
4.8%-63% vs US avg
x
Built Post-2014
4.3%-38% vs US avg
x
Rent Burden >30%
24.8%-50% vs US avg
x
Mortgage-Free
28.7%-25% vs US avg
x
$242,400
Home Value
$971
Rent
2000
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached70.5%
  • 1-unit attached4.1%
  • 2-9 units14.0%
  • 10+ units8.7%
  • Mobile home & other2.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$242,400
Median rent$971
Owner-occupied58.6%
Vacant6.0%
Price-to-income3.7x
Est. income to buy$67,000