Is Murfreesboro, TN a good place to invest in rental property?

Murfreesboro, TN has a median modeled monthly cash flow of $-1,209 and a median cap rate of 3.1%, on a median sold price of $437,300. Prices changed -1.4% year over year.

What is the average cap rate in Murfreesboro, TN?

The median cap rate across recently sold homes in Murfreesboro, TN is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Murfreesboro, TN?

The median sold price in Murfreesboro, TN is $437,300 (about $216 per square foot).

Investing in Murfreesboro, TN Real Estate

A data-driven snapshot of the Murfreesboro, TN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$437,300Median sold price

$216Median $/sqft

3.1%Median cap rate

$-1,209Modeled cash flow / mo

-1.4%Appreciation YoY

9.4Months of supply

2,721Active listings

3,463Sold (last 12 mo)

What the Murfreesboro numbers say

In Murfreesboro, TN, the median home sold for $437,300 (about $216 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,209 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 9.4 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Tennessee markets to compare

See Murfreesboro cash-flowing listings

CashFlowRE ranks every for-sale home in Murfreesboro, TN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Murfreesboro deals, or browse the national market data.