MARKET SNAPSHOT

Clarksville Q3 2026

AVERAGE RENT

$1,151 Q3 2026

OCCUPANCY RATE

90.7% Q3 2026

NET ABSORPTION

560 T4Q

ANNUAL RENT CHANGE

0.1% Q3 2026

YoY OCCUPANCY CHANGE

-120 BPS

UNIT COMPLETIONS

439 T4Q

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KEY TAKEAWAYS
Annual absorption has outpaced new deliveries for four straight quarters, as completions have fallen to near their lowest level since 2020.
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Rents have increased by 0.1% year over year to $1,151, with concessions remaining modest at 3.9%.
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Occupancy eased to 90.7%, down 120 basis points from a year ago, though much of the decline traces to a single small submarket rather than broad-based weakness.
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MARKET OUTLOOK

Clarksville enters the final quarter of 2026 on steadier footing than a year ago. Annual absorption of 560 units has stayed ahead of new deliveries for a full year, while completions have fallen 63% to their lowest level in years, leaving the market with far less new supply to absorb...

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Austin Fragoletti

Austin Fragoletti

Managing Director

austin.fragoletti@mmgrea.com

Sam Jackson

Sam Jackson

Managing Director

sam.jackson@mmgrea.com

Jake Sullivan_2023

Jake Sullivan

Senior Advisor

jake.sullivan@mmgrea.com

John Endom

John Endom

Associate Advisor

john.endom@mmgrea.com

Kellen Warner

Kellen Warner

Associate Advisor

kellen.warner@mmgrea.com

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