MARKET SNAPSHOT

Clarksville Q2 2026

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AVERAGE RENT

$1,167 Q2 2026

OCCUPANCY RATE

90.5% Q2 2026

NET ABSORPTION

807 T4Q

ANNUAL RENT CHANGE

1.1% Q2 2026

ANNUAL OCCUPANCY CHANGE

35 BPS

UNIT COMPLETIONS

262 T4Q

KEY TAKEAWAYS

Demand continues to outpace supply, with trailing 12-month absorption of 807 units nearly triple the 262 delivered, extending a streak of positive absorption to five consecutive quarters.

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The construction pipeline remains modest at 3.7% of the market’s base inventory, and new construction starts have been flat at zero for two consecutive quarters, a favorable sign as the market works through its existing pipeline.

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Rents grew 1.1% year-over-year to $1,167 per unit, fifth among the ten Southeast markets closest to Clarksville in size. Occupancy held at 90.5%, up 35 basis points annually despite a sequential pullback.

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MARKET OUTLOOK

Clarksville enters the second half of 2026 at a pivotal point in its supply cycle. The prior delivery wave has largely receded, with trailing 12-month completions of 262 units down sharply, and absorption of 807 units has let the market rebuild a demand cushion...

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