The cost of living in Murfreesboro is far from inexpensive, but it is also far from the most expensive. Those who grew up in Rutherford County can attest the monthly rent charged at apartment complexes has skyrocketed over the past few years. But determining what’s a high price and what’s a low price is often a matter of opinion, depending on where you may have lived prior to moving to the Murfreesboro area.
Housing prices continue to climb, which also equal increased prices for rental units throughout Rutherford County. According to Rent.com, apartment complexes in Murfreesboro are charging tenants between $1,349 and $1,789 per month.
When you break down the monthly lease amounts charged locally by the size of unit the tenant is renting, 2022 numbers show that studio apartments are being rented for an average of $1,419 per month. When it comes to 1-bedroom apartments, the average monthly rent in Murfreesboro is $1,349. For a 2-bedroom apartment, you can expect to pay $1,609 per month. The average monthly rent for a 3-bedroom apartment in the ‘Boro comes in at $1,789.
When comparing current figures to rental prices charged last year and in 2020, it appears that rent prices in Murfreesboro have climbed by 35% for studio sized apartments, of course - those are often the hardest to find. Also hard to find are the 1-bedroom units. 1-Bedroom apartments have increased in price by 20% in Murfreesboro. Rent for 2-bedroom units throughout the city have been increasing by 18%. 3-Bedroom apartments have also seen increases in rent, equaling an uptick of 21%.
3-Bedroom apartments in Murfreesboro are renting for a lot less than several other nearby cities. For example, the average 3-bedroom unit in Nashville is Nashville is $632 higher than Murfreesboro. The monthly average price of a 3-bedroom unit in Nashville is $2,421 per month, while Murfreesboro prices are averaging $1,749 per month. Brentwood monthly prices are $210 higher than Murfreesboro, while Spring Hill is $176 higher per month. Smyrna prices are $89 lower than Murfreesboro at $1,700 per month for a 3-bedroom apartment. If you move to Antioch, you'll save even more... the average monthly rent for a 3-bedroom unit in Antioch is $1,657 per month, which is $132 less than what you would expect to pay in Murfreesboro.
