Side-by-side comparison of Clarksville, TN and Chattanooga, TN — cap rates, rent, prices, and investment metrics.
Cash flow: Clarksville has the edge with an estimated cap rate of 4.52% compared to Chattanooga's 4.29%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $265,000 in Clarksville vs $270,000 in Chattanooga, while rents come in at $1,380/mo and $1,340/mo respectively.
Growth & appreciation: Clarksville is growing faster at 2% annually vs Chattanooga's 1%. Chattanooga leads on home value appreciation at 3.3% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 0.58% in Clarksville vs 0.54% in Chattanooga. Vacancy rates of 5.6% and 5.4% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Clarksville edges out Chattanooga on most key metrics. While cap rates are moderate at 4.52%, Clarksville's overall profile is stronger. Use our free calculators to model specific deals in Clarksville or Chattanooga.