Murfreesboro, TN Rental Market
Murfreesboro is one of the fastest-growing cities in Tennessee and a key Nashville suburb anchored by Middle Tennessee State University (MTSU). Located 35 miles southeast of Nashville along I-24, it offers residents more space and lower costs while remaining within commuting distance of Nashville's employment hub. Consistent population growth and MTSU's enrollment drive both student and family rental demand.
Get a rent estimate for an address in MurfreesboroAverage Rent in Murfreesboro, TN
$1,520
per month · 2026-06
Market Score
Key Facts — Murfreesboro, TN Rental Market
- Average rent in Murfreesboro, TN:$1,520/mo
- Median rent:$1,398/mo
- Rent range:$750 – $3,350/mo
- Most common rental (2 bedrooms):$1,350/mo
- Active listings:820
- Avg days to lease:27 days
- Year-over-year change:+4.5%
- Median home value:$310,000
- Est. gross annual yield:5.9%
- Data as of:2026-06
Rent by Bedroom in Murfreesboro, TN
Average monthly rent for each bedroom type based on current active listings in Murfreesboro.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,100/mo |
2 Bedrooms | $1,350/mo |
3 Bedrooms | $1,700/mo |
4 Bedrooms | $2,100/mo |
5 Bedrooms | $2,400/mo |
Murfreesboro Rental Market Statistics
Key indicators from the current Murfreesboro, TN rental market.
820
Available now in Murfreesboro
27
From list to lease
$1.13
Average across listings
1,350 sq ft
Typical rental size
$750 – $3,350
Min to max active listings
+4.5%
Avg rent vs. prior year
Investing in Murfreesboro, TN Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$310,000
Typical purchase price in Murfreesboro
Est. Gross Annual Yield
5.9%
Before expenses & vacancy
Avg Monthly Income
$1,520
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Murfreesboro for a full cash-flow breakdown including all costs.
Murfreesboro, TN Rental Market FAQ
Common questions about renting and investing in Murfreesboro, TN.
What is the average rent in Murfreesboro, TN?
The average rent in Murfreesboro, TN is $1,520 per month as of 2026. One-bedroom apartments average $1,100/mo, two-bedrooms $1,350/mo, and three-bedroom homes $1,700/mo. Murfreesboro offers meaningfully lower rents than Nashville proper while sharing access to the same regional job market.
Is Murfreesboro, TN a good place to invest in rental property?
Murfreesboro is one of the strongest investment markets in the Nashville metro, with a 5.9% estimated gross yield and 4.5% year-over-year rent growth — one of the fastest rates in Tennessee. Consistent population growth, MTSU enrollment, and Nashville commuter demand provide a multi-layered tenant base that keeps vacancy low.
How does MTSU affect the Murfreesboro rental market?
Middle Tennessee State University enrolls over 21,000 students, creating substantial off-campus rental demand year-round. MTSU also employs a large faculty and staff base. Student neighborhoods near the campus lease quickly each spring for fall occupancy, while family-oriented suburbs see steady demand from Nashville commuters.
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