The typical home in Murfreesboro, TN is worth about $430,000.
With 20% down that's a loan near $344,000 — the calculator
is pre-filled with that figure. As the largest suburb in the Nashville metro, Rutherford County absorbed years of overflow demand from the capital, pushing prices to some of the highest in the state before cooling slightly over the past year. Middle Tennessee State University and Nissan's North American operations both anchor the local job base.
$2,233.46 / month
Total interest
$460,051
Total paid
$804,051
Payoff
30.0 years
How much you need to earn
Murfreesboro, TN's median household income is about
$78,000 a year. Under standard 28/36
lending rules that supports a home price around
$307,533 with 20% down —
below the $430,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Murfreesboro, TN is about $1,650 a month, so owning the median home costs roughly
$965 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Murfreesboro, TN?
On the metro's roughly $430,000 typical home with 20% down, the loan is about $344,000. Principal and interest run near $2,233 a month at today's rate, and Murfreesboro, TN's property tax plus insurance add about $382, for a full payment near $2,615.
Can I afford a home in Murfreesboro, TN on the median income?
The median household income is about $78,000 a year. Under standard 28/36 lending rules that supports a home price around $307,533 with 20% down — below the $430,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Murfreesboro, TN?
Typical asking rent is about $1,650 a month. The full owner payment on a median home is near $2,615, so owning costs roughly $965 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Murfreesboro, TN?
The effective property tax rate in the core county is about 0.60% of market value — roughly $2,580 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Murfreesboro, TN rising or falling?
Home values are roughly flat over the past year. As the largest suburb in the Nashville metro, Rutherford County absorbed years of overflow demand from the capital, pushing prices to some of the highest in the state before cooling slightly over the past year. Middle Tennessee State University and Nissan's North American operations both anchor the local job base.