Rent to own Homes in Murfreesboro, TN
As Tennessee's fastest growing major city, Murfreesboro offers a lot of charm and amenities to its residents. The population of over 108,755 has seen a six percent increase since 2000, while home prices continue to offer reasonable rates, though they're also rising steadily. Home to Middle Tennessee State University, Murfreesboro is popular with established families, young couples, and students alike. There are myriad opportunities for entertainment, from the more intellectual, such as the Cannonsburgh Pioneer Village or the Center for the Arts, to the more recreational, like the Old Fort Park, which contains baseball fields, tennis courts, and an 18-hole golf course. Though covering an expansive territory, Murfreesboro has a small-town quality that individuals from across the nation flock to, and will continue to do so for the foreseeable future.
Murfreesboro, TN is a great place for affordable rent-to-own homes! With a median household income of over $60,683 and a median rent of $1,095, the Murfreesboro, TN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Murfreesboro, TN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Murfreesboro, TN Property Resources
Rent to own Homes in Cities Near Murfreesboro, TN
- Antioch
- Arrington
- Auburntown
- Beechgrove
- Bell Buckle
- Bradyville
- Chapel Hill
- Christiana
- College Grove
- Eagleville
- Gladeville
- Greenvale
- Hermitage
- Lakewood Park
- Lascassas
- La Vergne
- Lebanon
- Milton
- Murfreesboro
- Nashville Davidson
- Nashville
- Nolensville
- Norene
- Readyville
- Rockvale
- Rural Hill
- Shelbyville
- Smyrna
- Statesville
- Unionville
- Walterhill
- Wartrace
- Watertown
- Woodbury
Neighborhoods in Murfreesboro, TN
Three Rivers rent to own homes Downtown Murfreesboro rent to own homes Bottoms rent to own homes North Maney Avenue Historic District rent to own homes East Main Street National Historic District rent to own homes Murfreesboro Art And Entertainment District rent to own homes Downtown Murfreesboro East rent to own homes Mtsu Student Village rent to own homes West Murfreesboro rent to own homes West College Street rent to own homesPopular Zip Codes in Murfreesboro, TN
37133 rent to own homes 37132 rent to own homes 37127 rent to own homesBuying a Home in Murfreesboro, TN
Murfreesboro, TN is seeing rapid growth and Murfreesboro, TN's' housing market remains not optimal with an average home price that is 18% above the 2025 national average. Murfreesboro, TN is part of Rutherford county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2025 for county Rutherford is 0.74% which is below the national average, which is 0.99%.
Median Home Price in Murfreesboro, TN
Median Rent in Murfreesboro, TN
Top Reasons to Live in Murfreesboro TN
Housing Statistics Murfreesboro's economy is booming, and while the housing market took a hit during the recession, just the same as many other places in the nation, it's rebounding nicely. One example of this fortitude is the number of housing sales in 2012, which totaled 3,768. The median cost for a home in January through March quarter of 2013 was $132,443, lower than many other parts of the state. The most commonly-sought-after home, the detached single-family home, came in at $137,091 in 2009, though that number is higher in 2013. For an attached home, like a townhouse, the price in 2009 was $73,020. That means individuals looking for their first home on a budget should consider attached housing since it offers such an impressive break in price. Another option for house hunters seeking deals is rent to own homes. In units of three or four the price was roughly $139,788, with the most surprising cost being $287,796 for an apartment or condo in a five or more unit structure. This suggests condos are incredibly popular and can attract higher paying buyers. The final consideration for buyers should be vacancy and ownership rates. In Murfreesboro the ownership rate is 50.2%, the renter rate is 43.1% and the vacancy rate is a fairly average 6.7%.
Outdoor Activities Murfreesboro is located in an area that offers plenty of open spaces for recreational enjoyment out of doors. One of the latest enhancements by the city is the Murfreesboro Greenway System extension. The series of green areas, trails, and paths will receive an extra 173 miles of bikeways, blueways, and greenways in the next 25 years. Old Fort Park has numerous sporting facilities, and Barfield-Crescent Park has fields, running trails, and 10 picnic shelters. Both are popular spots with residents.
Local Events and Festivals The Main Street Jazz Festival occurs every year, bringing expertly-played music to the masses. It's presented by the Middle Tennessee State University's School of Music and attracts thousands of people every year. There are also Pioneer Power Days, Old Timers' Festival, and Uncle Dave Macon Days, which features banjo music, retail vendors, and specialty foods. It's family-friendly and offers a full weekend of activities geared toward folks of all ages.
Local Sports The MTSU Raiders are the college teams to watch when it comes to football, soccer, baseball, basketball, or volleyball, but the Blue Raiders aren't the only local competition. The Tennessee Secondary School Athletic Association presents volleyball, tennis, and track and field, as well as the primary events like football and baseball. With Murfreesboro's temperate climate, games are rarely canceled.
Tourist Attractions Because of Murfreesboro's historical link to the Civil War, there are many educational historical museums, battlefields, and places of interest to visit. The Stones River National Battlefield is particularly moving. The 570-acre park is where the decisive battle for a Union victory occurred, clinching the win for the North. There is also a Stones River Arboretum located on the grounds. Additionally, visitors and residents adore the Oaklands Historic House Museum on N Maney Ave and the Discovery Center at Murfree Spring, which has a museum, 20 acres of wetland, and a trail system.
