MyNeighborhood

Can you afford to live in Murfreesboro?

Median household income, home values and rent in Murfreesboro, TN — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Murfreesboro.

Median household income: $76,241 — +49.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,376/mo — +57.1% since 2015

Median home value, 2015 to 2023

  • 2015: 181900
  • 2023: 365100

Median household income

  • Murfreesboro: 76241
  • Rutherford County: 82588
  • TN: 67097
  • U.S.: 78538

Median gross rent

  • Murfreesboro: 1376
  • Rutherford County: 1405
  • TN: 1122
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.0% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($76,241 versus $78,538).

The typical renter here spends 30.0% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+57.1% versus +49.2%), before adjusting for inflation.

Sources

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