Murfreesboro, TN Rental Market Trends
Highlights
The average rent for an apartment in Murfreesboro is $1,154, a 4% increase compared to the previous year.
Average Rent in Murfreesboro, TN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,154 | 4% | 1,004 sq. ft. |
The average size for a Murfreesboro, TN apartment is 1,004 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Murfreesboro, TN Apartment Rent Ranges
- < $5001%
- $501-$7002%
- $701-$1,00029%
- $1,001-$1,50058%
- $1,501-$2,0009%
- > $2,0001%
Murfreesboro, TN Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
18,065 or 37% of the households in Murfreesboro, TN are renter-occupied while 30,574 or 62% are owner-occupied.
Murfreesboro, TN Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Murfreesboro, TN | $1,033 | $1,024 | $1,053 | $1,068 | $1,066 | $1,102 | $1,109 | $1,114 | $1,146 | $1,155 | $1,154 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Murfreesboro, TN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Murfreesboro City | $1,154 |
How Murfreesboro Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Nashville | $1,428 | 6% |
| Memphis | $825 | 5% |
| Murfreesboro | $1,154 | 4% |
| Knoxville | $1,082 | 6% |
| Chattanooga | $1,003 | 2% |
| Antioch | $1,066 | 6% |
| Franklin | $1,517 | 5% |
| La Vergne | $1,159 | 4% |
| Hermitage | $1,180 | 6% |
| Smyrna | $1,095 | 5% |
| Madison | $986 | 4% |
For more information about the Murfreesboro rental trends, check out our monthly rent report
Check out Tennessee Cities, Tennessee Neighborhoods and Tennessee Zip Codes for more details on verified listings, including the Tennessee Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!