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Average Rent in Greenwood & Rent Trends

Rent prices and market trends across 5 apartment communities in Greenwood, Clarksville, TN. Updated daily.

Clarksville 37043

Market Average

$1,069/mo

▲ +4.4% from last month

Lowest Available

$885/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

66

available now

Price Cuts This Week in Greenwood

7 listed units across 2 buildings in Greenwood dropped their asking rent in the past 7 days, an average cut of $23/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Paddock Place and The Oaks Unit G06 $1,019 $985 $34
Paddock Place and The Oaks Unit K04 $993 $960 $33
Paddock Place and The Oaks Unit F02 $982 $953 $29
Bluffs Over Cumberland Unit A2, 2 Bed 1 Bath $1,120 $1,099 $21
Paddock Place and The Oaks Unit 261-G $1,012 $993 $19
Paddock Place and The Oaks Unit 243-F $946 $931 $15
Paddock Place and The Oaks Unit F08 $964 $953 $11
See today's prices on all 66 listed units

Greenwood vs Clarksville, TN Average

Greenwood is more expensive the Clarksville, TN average by $19/mo (2%). The citywide average is $1,050/mo across all neighborhoods.

Is Rent Going Up or Down in Greenwood?

As of July 2026, the average rent in Greenwood is $1,069 per month across 5 apartment communities and 66 available units. Rents have increased $56 (4.4%) over the past month.

The most affordable option is Paddock Place and The Oaks starting at $885/mo. By unit type, a 1-bedroom averages $941/mo, a 2-bedroom averages $1,045/mo, a 3-bedroom averages $1,338/mo, a 4-bedroom averages $2,298/mo.

Prices range from $885 to $2,495 per month. The most common price point is the $1,000 range, where 36 units are currently listed.

Greenwood Rent Price History

Window
View as table
Month Avg Rent Change Properties
May 2026 $1,138 - 5
June 2026 $1,256 +$118 5
July 2026 $1,292 +$36 5

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Greenwood

1 Bed
$941
from $885 · 20 units
2 Bed
$1,045
from $953 · 40 units
3 Bed
$1,338
from $1,299 · 4 units
4 Bed
$2,298
from $2,100 · 2 units

Rent Prices by Apartment in Greenwood

Property Starting at Average Units Rating
Paddock Place and The Oaks $885/mo $979/mo 15 4.6
Regency Square Apartments $920/mo $1,011/mo 27 3.6
Bluffs Over Cumberland $969/mo $1,047/mo 17 4.2
Grayson Apartment Homes $1,099/mo $1,239/mo 5 3.7
Horizon Realty & Management, LLC $2,100/mo $2,298/mo 2 4.3

Frequently Asked Questions About Rent in Greenwood

What is the average rent in Greenwood?

The average rent in Greenwood is $1,069 per month as of July 2026, based on 66 units across 5 apartment communities.

Is rent going up or down in Greenwood?

Rent in Greenwood has increased $56 (4.4%) over the past month. The current average is $1,069/mo.

What is the cheapest apartment in Greenwood?

The most affordable apartment in Greenwood is Paddock Place and The Oaks with units starting at $885/mo.

How much is a 1-bedroom apartment in Greenwood?

A 1-bedroom apartment in Greenwood averages $941/mo, with prices starting at $885/mo across 20 available units.

How many apartments are available in Greenwood?

There are 66 units available across 5 apartment communities in Greenwood.

What salary do I need to live comfortably in Greenwood?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$43,000/year

Based on the 30 percent rule, using our tracked average rent of $1,069/mo.

Comfortable income

$51,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($885/mo), you need to earn at least $35,000/year.

Median household income in Greenwood is $66,786 , about 30% above the comfortable-living threshold.

Cost of living in Greenwood

Overall prices in Greenwood runs below the national average by about 8% (BEA Regional Price Parity index 91.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Greenwood's regional price parities.

Category Monthly estimate
Rent (market average) $1,069
Utilities $325
Groceries $509
Transportation $775
Healthcare $378
Other goods and services $605
Estimated total $3,661/mo

Population

171,897

Median household income

$66,786

Census median rent

$1,215/mo

Rent as % of income

28.8%

Median age

30.4

Mean commute

26 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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