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RentData.org Logo Clarksville Fair Market Rent FY 2023 Clarksville, TN-KY HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Clarksville, KY :
$699 $758 $985 $1,389 $1,678
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Clarksville are high compared to the national average. This FMR area is more expensive than 81% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Clarksville is $985 per month.

The previous year, rent for a two-bedroom home was $910 per month. This is a 8.24% increase year-over-year.

This FMR rate applies to Saint Charles, KY, La Fayette, KY, Herndon, KY, Gracey, KY, Cerulean, KY, Trenton, KY, White Plains, KY, Pembroke, KY, Nortonville, KY, Crofton, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO17300M17300.

Additionally, This Fair Market Rent (FMR) area Clarksville, TN-KY HUD Metro FMR Area spans one county or city in Kentucky which is listed in the table below. Estimated population of Clarksville, TN-KY HUD Metro FMR Area FMR area is 71,470 people based on latest Census data.

Compared to the rest of Kentucky, the Clarksville FMR area is more expensive than 96% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Clarksville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Clarksville

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 744
1-BR 1-Bedroom $ 807
2-BR 2-Bedroom $ 1049
3-BR 3-Bedroom $ 1479
4-BR 4-Bedroom $ 1787
Change Year:

There is just one county (listed below) within the Clarksville, TN-KY HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Nashville and Evansville.

County / Region Est. Population
Clarksville, KY Metro 71,470
Zip Codes in Clarksville, TN-KY HUD Metro FMR Area

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

42215, 42217, 42220, 42232, 42236, 42240, 42241, 42254, 42262, 42266, 42286, 42442, 42453 and 42464

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