Murfreesboro, TN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Murfreesboro short-term rental market based on reliable data.

Listings

329 / 591

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$30,665

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$421,928

Median Home Sale Price

Top Earners

$57,133

Top-Earners Revenue

Murfreesboro

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Murfreesboro.

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A

Very Investor friendly

Murfreesboro Regulations

STRs are explicitly allowed citywide with no caps, straightforward $30 total business licensing, and only standard state/county tax obligations (7% sales tax + 5% occupancy); no specific local permits or restrictive rules, and compliance is simple and low cost.

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About Murfreesboro

Murfreesboro, Tennessee, is a growing city located in the heart of Rutherford County. As of the latest census, the city has a population of approximately 153,000 residents. Murfreesboro is situated about 34 miles southeast of Nashville, making it a convenient location for those looking to enjoy the offerings of a major metropolitan area while staying in a smaller, yet vibrant community.

Murfreesboro boasts several notable landmarks and attractions that make it appealing for short-term rentals. One key landmark is Stones River National Battlefield, a historic Civil War site that offers a rich cultural and educational experience. Visitors can explore the battlefield, museum, and walking trails. Another major attraction is Cannonsburgh Village, a replica of a 19th-century Tennessee village, providing a glimpse into the area’s past.

The city is home to Middle Tennessee State University (MTSU), which draws visitors for various events, including college sports, concerts, and academic conferences. Additionally, the Discovery Center at Murfree Spring is a popular family destination, offering interactive exhibits and activities for children.

For those interested in recreational activities, the Barfield Crescent Park provides ample outdoor space with hiking trails, picnic areas, and sports facilities. Shopping enthusiasts can visit The Avenue Murfreesboro, an open-air shopping center with a variety of retail stores and dining options.

In summary, Murfreesboro’s mix of historic sites, educational institutions, recreational facilities, and proximity to Nashville makes it an attractive option for short-term rentals.

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