Housing market/Tennessee/ZIP 37042

ACS 2023 · FY2027 SAFMR

ZIP 37042 Clarksville, Tennessee

Clarksville, TN-KY HUD Metro FMR Area · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
85,169
Households
32,625
Median HH income
$66,435
Renter share
40.0%
Median gross rent
$1,196
Vacancy
7.9%
Pop. change
+10.4%
2BR SAFMR
$1,360
SAFMR / rent
1.137×
2–49 unit stock
7,283
LIHTC proj / units
3 / 232
HUD assisted MF
2 / 78

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37042 · TN — sent to you.

ZIP 37042 · TN

ACS median rent$1,196
2BR SAFMR$1,360
90% floor$1,224
110% ceiling$1,496

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 37042

  • 1-unit detached25,58172.3%
  • 1-unit attached5911.7%
  • 2–4 units3,3959.6%
  • 5–49 units3,88811.0%
  • 50+ units3340.9%
  • Mobile1,5734.4%
TypeUnitsShare
1-unit detached25,58172.2%
1-unit attached5911.7%
2 units (duplex)5331.5%
3–4 units2,8628.1%
5–9 units2,7567.8%
10–19 units9702.7%
20–49 units1620.5%
50+ units3340.9%
Mobile1,5734.4%

2–4 unit share 9.6% · 5–49 unit share 11.0% · combined 2–49 20.6%.

Units by bedrooms

Studio
645
1BR
1,206
2BR
7,678
3BR
18,583
4BR
5,762
5+
1,559

Rent burden

Rent ≥30% of income43.2%
Rent ≥50% of income15.5%
  • ACS median gross rent $1,196 (all bedrooms, occupied rentals).
  • Median contract rent $988.
  • Renters paying ≥30% of income 43.2%; ≥50% 15.5%.
  • FY2027 2BR SAFMR $1,360 (1.137× ACS median gross rent).

Population

85,169 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 232 units.
  • HUD project-based assisted MF: 2 properties, 78 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,001 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 37042 40.0% of occupied households are renters; vacancy is 7.9%; ACS median gross rent is $1,196; population increased +10.4% between the 2018 and 2023 ACS vintages; the housing stock includes 3,395 units in 2–4-unit structures and 3,888 units in 5–49-unit structures; 3 LIHTC projects totaling 232 units; FY2027 2BR SAFMR is $1,360 versus ACS median gross rent of $1,196. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Tennessee research

ZIP 37042 is a Census / HUD profile for Clarksville, TN-KY, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Tennessee research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 37042?

ZIP 37042 (Clarksville, TN-KY HUD Metro FMR Area) has 85,169 residents, 32,625 households, a renter share of 40.0%, median household income of $66,435, and ACS 2023 median gross rent of $1,196. Vacancy is 7.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37042?

ACS counts 533 units in 2-unit buildings, 2,862 in 3–4 unit buildings, 2,756 in 5–9, 970 in 10–19, and 162 in 20–49. Combined 2–49 unit stock is 7,283 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37042?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,360. See the full schedule and 90–110% payment-standard band on the ZIP 37042 — Clarksville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37042 is Census / HUD research for Clarksville, TN-KY HUD Metro FMR Area. Jeff Crowe CRE does not list Tennessee property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.