Real Estate by Debbie Reynolds: Rental Rates Are Going UP in Clarksville TN

Rental Rates Are Going UP in Clarksville TN

Rental Rates Are Going UP in Clarksville TN

Governors Crossing

The rental market has been plentiful over the last couple of years but now the inventory is being absorbed with the influx of people moving in from the Middle Tennessee market. The fact is that many people have been priced out of the Nashville market for rentals and choose to drive 40 minutes to get a nice rental home or townhome for 2/3's the cost of what it would be in Nashville.

To search for rental homes in Clarksville, click here.

 

Amazon has announced they are opening a second headquarters in downtown Nashville with average pay around $150,000. If those employees want to rent, they can find a 1200 sq. ft. two-bedroom townhome with 2 and a half baths, at around $1000 per month. 

When absorption in the market happens, prices start to rise and properties rent very quickly. Additionally, the properties don't have to be in tip top shape because landlords and property managers don't have to make the investment with inventory being limited. I expect to see some of this happen over the next few months. 

Now the good news is that there are still properties for rent available. Governors Crossing offers townhomes near Tennova Regional Medical Center and close to the Interstate for an easy commute. Many of the units have stainless appliances, hardwood floors, granite countertops, full-size kitchens patios and storage rooms.

Call The Real Debbie Reynolds for more information on Clarksville real estate. 931-320-6730.

 

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Comment balloon 9 commentsDebbie Reynolds • August 06 2014 08:07PM

Comments

Good morning Debbie. Rental rates are holding steady and rising a bit in downtown Chicago despite all the new units. Absorption is better than expected! Enjoy your day.

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) about 1 year ago

Good morning,  Debbie- - -this is a good introduction and reality check especially for new arrivals to Clarksville. TN. 

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 about 1 year ago

Good morning Debbie - congratulations on Amazon!  This will certainly push the real estate and rentals higher.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 1 year ago

Good morning, Debbie Reynolds rentals of homes and apartments are rising in my area, too.... there are not enough active listings out there....

Posted by Barbara Todaro, Marketing Agent for The Todaro Team (RE/MAX Executive Realty ) about 1 year ago

Having a high degree of owner-occupancy also helps a rental market with fewer rentals. Your adffordibility coupled with quality of life is helping.

Posted by Joe Pryor, REALTOR® - Oklahoma Investment Properties (The Virtual Real Estate Team) about 1 year ago

Debbie, excellent post to alert tenants now may be the time to BUY a home!  

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) about 1 year ago

Increases in rent can be very regular....locking in a mortgage rate...WOW...now there is an investment !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) about 1 year ago

This is good information to share with families moving to the area. 

Landlords love a strong local economy.

Posted by Roy Kelley (Realty Group Referrals) about 1 year ago

As are interest rates.  Those thinking of buying a home should probably do it sooner than later.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 1 year ago

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