Murfreesboro, TN cost of living
Income, rent, home values and the city tax rate for Murfreesboro, Tennessee, from the Census Bureau, Redfin and the City of Murfreesboro, with the source next to every number.
Murfreesboro cost of living at a glance
For Murfreesboro city, the Census Bureau's American Community Survey (2020-2024) reports a median household income of $80,108, median rent of $1,481 a month and a median owner-estimated home value of $402,100. Redfin's median sale price was $428,022 as of September 30, 2026, and the City of Murfreesboro's property tax rate is $0.7529 per $100 of assessed value.
Sources: U.S. Census Bureau, American Community Survey (5-year estimates, 2020-2024); Redfin Data Center (rolling 3 months ending September 30, 2026); Rutherford County.
Income, rent and home value: Murfreesboro and nearby cities
Numbers only, listed alphabetically after Murfreesboro. These are different places with different home types, so a lower or higher number is not a ranking.
| City | Median household income | Median rent | Median home value | Owner-occupied |
|---|---|---|---|---|
| Murfreesboro | $80,108 | $1,481 | $402,100 | 52.4% |
| Brentwood | $182,088 | $2,825 | $1,031,300 | 90.4% |
| Columbia | $63,719 | $1,197 | $308,700 | 63.3% |
| Franklin | $119,528 | $1,923 | $705,400 | 63.8% |
| Nolensville | $177,148 | $2,454 | $777,800 | 93.6% |
| Spring Hill | $112,013 | $1,844 | $493,800 | 73.4% |
| Thompson's Station | $132,647 | $2,088 | $700,500 | 81.3% |
Income is in 2024 inflation-adjusted dollars. Home value is the owner's own estimate. Rent is for units that pay rent. Estimates have margins of error. Redfin's sale prices measure actual recent sales, so the two home-value figures differ.
Murfreesboro cost of living FAQ
What is the cost of living in Murfreesboro, TN?
There is no single official number. The Census Bureau's American Community Survey (2020-2024) shows a median household income of $80,108, median rent of $1,481 a month and a median owner-estimated home value of $402,100 for Murfreesboro city. Redfin's median sale price was $428,022 as of September 30, 2026.
What is the median rent in Murfreesboro, TN?
The Census Bureau's median gross rent for Murfreesboro city was $1,481 a month (American Community Survey, 2020-2024). It covers units that pay rent and varies by size, age and location.
What is the median household income in Murfreesboro, TN?
$80,108, in 2024 inflation-adjusted dollars (American Community Survey, 2020-2024).
Why are the Census home value and the Redfin sale price different?
The Census figure is the owner's own estimate of what their home would sell for, averaged over five years of survey responses. Redfin's figure is the median price of homes that actually sold in the most recent three months. The two measure different things.
What is the property tax rate in Murfreesboro?
The City of Murfreesboro's rate is $0.7529 per $100 of assessed value (2026 tax year). County property tax is separate. See the Murfreesboro property taxes page.
Another way buyers frame the question is to compare the full monthly cost of buying (payment, taxes, insurance, maintenance) with the monthly cost of renting a comparable home, and to weigh how long they expect to stay. This page is general information, not legal, tax, lending or financial advice. Equal Housing Opportunity.
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