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Rental Market Trends in Clarksville, IN

What is the average rent in Clarksville, IN?

$992/month

Average Rent

712 Sq Ft

Average Apartment Size

-0.9%

Decrease in the Last Year

As of September 2025, the average rent in Clarksville, IN is $992 per month. This is 39% lower than the national average rent of $1,639/month, making renting in Clarksville more affordable than most cities in the US. When you rent an apartment in Clarksville, you can expect to pay about $851 per month for a studio, $992 for a one-bedroom apartment, and around $1,098 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,344 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$851/month
271 Sq Ft
One Bedroom
$992/month
712 Sq Ft
Two Bedroom
$1,098/month
982 Sq Ft
Three Bedroom
$1,344/month
1,393 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,710/month
1,192 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Clarksville, IN?

In the past year, rent has decreased by 0.9%, which averages out to $9 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Clarksville, IN
Last Updated September 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Clarksville, IN
Percentage*
Rent Range
19% Below $700/month
48% $700 - $1,000/month
19% $1,001 - $1,500/month
14% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Clarksville?

Based on current rent prices, Hallmark Heights is the most affordable neighborhood in Clarksville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hallmark Heights
$964/month
758 Sq Ft

What are the most expensive neighborhoods in Clarksville?

Based on current rent prices, Hallmark Heights is the most expensive neighborhood in Clarksville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hallmark Heights
$964/month
758 Sq Ft

Which Clarksville neighborhoods have the most rentals available?

The neighborhood in Clarksville with the most apartments available is Hallmark Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hallmark Heights
$964/month
758 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Clarksville, IN?

Because the average rent in Clarksville is $992, you’ll want to make about $3,306 per month or $39,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Clarksville, IN

335 Available Apartments for Rent

Search for Nearby Apartments

How does Clarksville, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Clarksville, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Clarksville, IN

Apartment Averages

Hallmark Heights

Clarksville, IN

Hallmark Heights

Clarksville, IN

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • New Albany Average Rent
  • Jeffersonville Average Rent

Apartment communities in Clarksville we think you'll love

The Bend

The Bend

1909 Greentree Blvd,
Clarksville, IN 47129

$1,175 - $1,345

1-3 Beds

Cambridge Apartments

Cambridge Apartments

600 Cambridge Blvd,
Clarksville, IN 47129

$758 - $1,080

1-2 Beds

Courtyard Apartments

Courtyard Apartments

1815 Greentree Blvd,
Clarksville, IN 47129

$845 - $1,357

2-3 Beds

Lochwood Apartments

Lochwood Apartments

1429 Slate Run Rd,
New Albany, IN 47150

$1,155 - $1,465

1-2 Beds

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United States Indiana Clarksville Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity