Clarksville, TN-KY · Tennessee

Montgomery County

ZIP 37191

227,957 residents2,501 permits TTM$72,365 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$248,300

ACS 5-Year

Cap rate proxy

5.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.2%

HUD FMR ÷ ACS HHI

Net migration

+3.44%

IRS SOI

Permits (TTM)

2,501

Census BPS

Climate risk

87.4

FEMA NRI (0–100)

ZIP 37191

Median home value

Gross yield

Buy Box score

0.9

Section 8 gap

Affordability

P/I: 4.2R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
422231.0
371910.9
371420.9
370420.9
370400.8
37052$248,300$1,3206.4%0.78.3%
37171$248,300$1,3206.4%0.68.3%
37043$248,300$1,4407.0%0.318.1%

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Demographics

Owner-occupied

62.9%

Census ACS

Vacancy rate

6.5%

Census ACS

Bachelor's degree +

31.7%

Census ACS

Rent burdened

42.4%

Census ACS (>30% income)

Median age

31.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026