A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Clarksville vs Morristown vs Cleveland vs Franklin

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Clarksville

TN

$1,368

YoY change
+1.1%
Vacancy
5.4%
2-BR rent
Cap rate
Renter share
44.4%

Morristown

TN

$1,400

YoY change
+4.0%
Vacancy
8.8%
2-BR rent
Cap rate
Renter share
45.1%

Cleveland

TN

$1,415

YoY change
+0.9%
Vacancy
1.9%
2-BR rent
Cap rate
Renter share
52.0%

Franklin

TN

$2,032

YoY change
+0.4%
Vacancy
7.2%
2-BR rent
Cap rate
Renter share
36.2%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Clarksville vs Morristown vs Cleveland vs Franklin

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric ClarksvilleMorristownClevelandFranklin
Median household income $69,303$47,917$58,559$119,528
Median age 3136.336.438.6
Renter household share 44.4%45.1%52.0%36.2%
YoY rent change +1.1%+4.0%+0.9%+0.4%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.