Median Home PriceBETTER
$318,518.17
Median RentBETTER
$1,385.59/mo
Price-to-Rent Ratio
19.2
Property Tax RateTIE
0.71%
Price Change (1Y)
-0.3%
Price Change (5Y)
-1.4%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$175,435
Median Home Price
$369,941.76
Median Rent
$1,787.88/mo
Price-to-Rent RatioBETTER
17.2
Property Tax RateTIE
0.71%
Price Change (1Y)BETTER
+0.9%
Price Change (5Y)BETTER
+4.5%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$199,595
Key Differences
Home Prices
Clarksville's median home price of $318,518.17 is lower than Knoxville's $369,941.76 by 14%.
Monthly Rent
Renting in Clarksville costs $1,385.59/mo compared to $1,787.88/mo in Knoxville—a difference of $402.29/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.