ZIP reports / TN / 37042
ZIP rental intelligence · 2026-06

ZIP 37042, Clarksville, TN

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 37042?

The latest Zillow ZORI for ZIP 37042 is $1,394 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$1,3942026-06 · up 2.6% year over year
ACS median gross rent$1,271ACS 2024 5-year survey · ±$55 margin of error
HUD two-bedroom standard$1,346Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 37042
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,129ZORI scaled by the local HUD bedroom ladder$1,090HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,133ZORI scaled by the local HUD bedroom ladder$1,094HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,394ZORI scaled by the local HUD bedroom ladder$1,346HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$1,938ZORI scaled by the local HUD bedroom ladder$1,871HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$2,339ZORI scaled by the local HUD bedroom ladder$2,258HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$70,393ACS 2024 5-year · ±$2,758 MOE
Renter share41.4%14,085 renter households
Rent burden 30%+44.0%6,195 observed households
Housing vacancy6.9%2,530 of 36,524 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 37042Zillow asking-rent index$1,394ACS median gross rent$1,271HUD two-bedroom standard$1,346

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 37042ACS median household income$70,393Income at 30% of ZIP ZORI$55,760

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 37042Studio$1,129One bedroom$1,133Two bedrooms$1,394Three bedrooms$1,938Four bedrooms$2,339

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 3704230% or more of income6,195 householdsBelow 30%7,890 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 37042ZIP 37042$1,394Clarksville city$1,376Montgomery County county$1,375Clarksville, TN-KY metro$1,336

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 37042; missing months remain gaps$1,434$1,313$1,191$1,0702021-062023-122026-06
Five-year change
25.6%exact same-month endpoints
Largest observed drawdown
1.3%peak to a later observed month
Annualized monthly variability
1.6%137 consecutive returns
Monthly coverage
100.0%138 of 138 months
Decision brief

What the evidence says for ZIP 37042

For ZIP 37042, the immediate decision question is whether the current asking-rent benchmark should be treated as a ZIP-wide reference rather than as a promise for any individual listing. Zillow’s June 2026 Zillow Observed Rent Index (ZORI) is $1,394 per month, following a 2.61% year-over-year increase. ZORI is a typical observed asking-rent index blended across rental types, so it describes a market-level benchmark, not a lease quote or a measured bedroom rate. The 37042 label is both Zillow’s ZIP market identifier and a matched Census ZCTA; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. That boundary distinction matters when placing the sources side by side.

Household capacity is the next screen, but it does not turn a market benchmark into a household outcome. Within the matched ZCTA, ACS reports median household income of $70,393 and 14,085 renter-occupied homes, equal to a 41.43% renter share among occupied homes. Annualizing the ZIP ZORI against that household-wide median gives 23.76%. At a 30% screen, the corresponding required income is $55,760; this is arithmetic, not advice or an applicant qualification rule, and it is not a renter-income estimate. Separately, ACS records 6,195 renter households spending at least that threshold on rent, a 43.98% observed burden share. That survey result is household-wide evidence, not proof that a particular available unit will be affordable or burdensome.

The comparison begins with data definitions, not a single blended rent. In the ACS 2024 five-year survey for the matched ZCTA, median gross rent was $1,271. This is a survey measure for occupied renter homes and includes selected utilities, unlike an asking-rent index. The current $1,394 ZORI is 9.68% above that ACS median, but the gap does not isolate timing, bedroom mix, utilities, or property condition; it should not be read as a unit-level markup. HUD’s FY2026 standard for a two-bedroom home is $1,346, and ZORI is 3.57% higher. HUD FMR/SAFMR is an administrative, bedroom-specific standard rather than asking rent, so its role here is a reference ladder, not a competing market observation.

That ladder produces a useful sizing framework only when clearly labelled. Modelled ZIP estimates, made by scaling the ZIP ZORI with the local HUD ladder, are $1,129 for a studio, $1,133 for one bedroom, $1,394 for two bedrooms, $1,938 for three bedrooms, and $2,339 for four bedrooms. The underlying FY2026 HUD standards are $1,090, $1,094, $1,346, $1,871, and $2,258 in that same order. The near-flat studio-to-one-bedroom step and larger upper-bedroom steps come from that HUD structure. These are modelled estimates, never measured bedroom rents: they do not establish which bedrooms are advertised, leased, renovated, utility-inclusive, or available within the ZIP.

Stock counts provide constraints without converting vacancy into availability. The matched ZCTA has 36,524 housing units, of which 33,994 are occupied and 2,530 vacant, yielding the reported 6.93% vacancy rate. Among vacant units, 691 are classified for rent and 296 for sale. The inventory also includes 26,816 single-family units and 766 units in large multifamily structures. These categories describe census stock and vacant-status composition, not live listing inventory, comparable unit condition, lease terms, or the chance that a particular home can be rented at the index. In particular, a for-rent vacancy count cannot establish current asking rent, concessions, turnover timing, or a match to any bedroom model.

For broader rent context, the Clarksville city-context rent value is about $1,376, the Montgomery County county-context rent value is $1,375, and the Clarksville, TN-KY metro-context rent value is $1,336. Numerically, the ZIP ZORI is above each supplied rental-context value, with the smallest difference against the city context and the largest against the metro context. Those comparisons do not transfer city, county, or metro conditions to a ZIP property; they simply show how the supplied rent figures differ across geographic scopes. They also do not reconcile the separate ACS and HUD universes described above.

Use this report as a scope-controlled screen rather than a pricing or underwriting conclusion. ZORI lacks property-specific bedroom, condition, utility, concession, pet, parking, lease-length, and availability details; ACS is survey-based and has its own timing and household coverage; and HUD standards serve administrative purposes. Before acting on a specific property, verify the exact advertised rent, bedroom count, whether selected utilities are included, recurring and one-time charges, concessions and their expiration, lease term, occupancy date, deposits, and the landlord’s written screening criteria. Check the property address against its actual service and market geography rather than assuming a ZCTA equals its delivery ZIP. Finally, compare the unit’s quoted terms with the relevant modelled estimate only as a transparent benchmark, while retaining the distinction between an observed asking-rent index and an actual listing.

Decision signals

What deserves a closer property-level check

Current index and geographic boundary

In June 2026, ZIP 37042 ZORI is $1,394, a 2.61% annual increase. It is a typical observed asking-rent index across rental types, not a quoted lease rate. The geography is a Zillow ZIP market identifier matched to a Census ZCTA. Because a ZCTA is statistical rather than USPS delivery geography, property addresses and service ZIPs require separate confirmation.

Separate rent reference systems

ACS 2024 five-year median gross rent is $1,271 for occupied renter homes and includes selected utilities; it is not an asking-rent series. FY2026 HUD’s two-bedroom figure is $1,346 and is an administrative FMR/SAFMR standard. The ZIP ZORI sits above both references, but the comparison supports source-aware benchmarking rather than a claim that the measures describe the same unit universe.

Bedroom ladder is modelled

The $1,129 through $2,339 bedroom series is modelled by scaling ZIP ZORI to the local HUD ladder. It preserves the local HUD bedroom step pattern, including the relatively close studio and one-bedroom figures. It does not measure advertised or transacted bedroom rents, and it cannot identify actual unit condition, utility treatment, concessions, availability, or lease terms.

Capacity and burden remain different screens

Median household income is $70,393, while the index’s 30% arithmetic screen produces $55,760 required income. That calculation is not advice or a qualification test. ACS shows 43.98% of renter households at or above the burden threshold. The income statistic, household burden result, and current asking-rent index use different concepts, so none establishes affordability for a particular property.

  • A ZIP-level ZORI can differ materially from a property’s listed rent because it blends rental types and omits property-specific condition, utility inclusion, concessions, lease duration, and availability.
  • ACS gross rent and burden are survey measures for occupied renter households, with a different period and population than current listings, so they cannot price a vacant unit.
  • HUD FMR/SAFMR establishes an administrative bedroom standard, and the bedroom figures here inherit its ladder; neither source observes the actual asking rent of a specific bedroom unit.
  • Vacant-for-rent counts describe census vacancy status rather than active comparable listings, and the burden percentage describes households rather than the payment obligation or eligibility for a particular unit.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 37042

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$298,932-0.4% year over year
Homes sold515rolling three-month observation
Median days on market70 daysfor-sale listing absorption
Months of supply4.5resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 37042Active listings1,318Inventory757Pending sales568Homes sold515

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

757 observed inventory · +9.4% year over year.

Price realization

99.1% average sale-to-list ratio · 14.8% sold above original list.

Early absorption

29.5% went off market within two weeks; compare this with 70 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Montgomery County listing conditions

1,594 active Realtor.com listings · 59 median days on market · 19.0% price-reduced share · 2026-06.

Clarksville, TN-KY resale supply

4.3 months of supply · 74 median days on market · 22.3% listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

6.2% reported apartment vacancy · n/a. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 37042. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

What does the current ZIP rent actually measure?

The June 2026 ZORI of $1,394 is a ZIP-level typical observed asking-rent index blended across rental types. It is intended as a market benchmark. It does not measure the advertised rent, lease outcome, bedroom size, utilities, condition, concessions, or availability of any specific home or apartment.

Why do Zillow, ACS, and HUD rents differ?

ACS median gross rent summarizes occupied renter homes in a five-year survey and includes selected utilities. Zillow is a current asking-rent index. HUD FMR/SAFMR is a bedroom-specific administrative standard. Different timing, populations, utility treatment, and purposes mean their dollar values can be compared for context but should not be fused into a single rent estimate.

Are the bedroom figures observed rents?

No. The studio through four-bedroom figures are modelled ZIP estimates created by scaling the ZIP ZORI using the local HUD ladder. They are not measured bedroom rents, listing medians, lease records, or availability counts. Their primary use is transparent relative sizing across bedroom categories, subject to the limits of the underlying HUD standard.

Can vacancy or burden identify a suitable unit?

No. Census vacancy classifications do not identify active listings, current condition, concessions, exact rents, or move-in timing. The ACS burden statistic describes surveyed renter households rather than any one property or applicant. A specific property requires direct verification of quoted rent, included utilities, charges, bedroom count, lease terms, availability, and written screening criteria.