Cheap Apartments for Rent in Clarksville, TN from $500 (145 Rentals)

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Search the lowest-cost Apartments available for rent right now in Clarksville.

property at 420 Lafayette Rd

$695 - $895

1 To 3 Bedroom Rentals

Available Now

420 Lafayette Rd

ClarksvilleTN37042
property at 858 Gracey Ave

$775 - $950

1 To 2 Bedroom Rentals

Available Now

858 Gracey Ave

ClarksvilleTN37040

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Clarksville, TN Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Clarksville, TN

Pricing Updated: 04/11/2026

Current apartment rentals in the Clarksville, TN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Clarksville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Clarksville$6,118$725137

Cheapest Available Clarksville Apartments for Rent

 

The cheapest available apartment rental in Clarksville, TN is a 1 Bed unit found at North First Street in the Downtown Clarksville neighborhood priced from $700. 704 Peachers Drive has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here is today’s list of the most affordable Clarksville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North First Street1BR/1.0BA1BR,1BA$700
704 Peachers Drive*2/12BR,1BA$725
MAIN608C13BR,3BA$735
Newton Place1Bed-1Bath1BR,1BA$775
211 Oak St. Apartments2BR/1.0BA2BR,1BA$775
110 Brookside Dr1 Bdrm Apartment1BR,1BA$775
Whispering Hills Apartments1Bed-1Bath1BR,1BA$799
Riverwalk 803StudioStudio,1BA$799

Best Value Apartments for Rent in Clarksville, TN

As of April 11, 2026 the best value apartment in the Clarksville area is the $0.77 price per square foot Two Bedroom Model at Fieldstone Village in the starting from $1,050. The second greatest value Clarksville apartment is the 2BR/1.5BA Model at Tracy Lane-855 starting at $995 with a $0.90 price per square foot . Here is today’s list of the best values for Clarksville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fieldstone VillageTwo Bedroom2BR,2BA$0.77
Tracy Lane-8552BR/1.5BA2BR,1.5BA$0.90
Ashford Place Apartments2x12BR,1BA$0.93
Crossland Place2 Bedroom2BR,2BA$0.89
University Landing2x22BR,2BA$0.80
1660 Baltimore Drive2BR/1.5BA2BR,1.5BA$0.90
1650 Baltimore Dr.2BR/1.5BA2BR,1.5BA$0.90
Needmore Place2 Bedroom 2 Bath2BR,2BA$0.93
Amber Pointe Apartments2 Bedroom New /ponytail2BR,2BA$0.91
704 Peachers Drive*2/12BR,1BA$0.91

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Clarksville Overview

Situated in the northern tier of Tennessee in the hub of Montgomery County, Clarksville is a welcoming blue collar city with much to offer. Home to both popular universities as well as a short distance from the Kentucky line, this popular landing spot is a must-consider for anyone in the market for a new home in the south.

Why live in Clarksville, TN?

With the popular Austin Peay State University as well as the Miller-Motte Techincal College within its borders, Clarksville apartments make an excellent choice for those pursuing a higher education. Families will find much to enjoy as well, with an array of public parks, shopping options and nightlife excitement all within easy reach. From the legendary Tennessee charm to the convenient access to nearby Kentucky, this southern hotspot has it all.

Clarksville, TN
Population: 156,794

Ranked #164

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Clarksville Apartments

What is a cheap apartment in Clarksville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Clarksville is under $799.

What is the price of a cheap apartment in Clarksville?

The cheapest apartment in Clarksville is North First Street which is listed at $700, while the average apartment in Clarksville costs $6,118.

What types of apartments are the cheapest in Clarksville?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Clarksville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Clarksville?

Cheap apartments in Clarksville have an average cost of $319 which is $5,799 cheaper than the average rent for all rentals in Clarksville.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.