Real Estate Investing in Murfreesboro, Tennessee (37130)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37130 (Murfreesboro, TN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.1% vacancy may signal weakening demand.
What’s happening in Murfreesboro, TN (37130)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37130 Murfreesboro
ZIP 37130 inside Rutherford County looks affordable on the surface — median value of $374K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $374K asset, 37130 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 37130 among TN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 37130 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 37130 is an operator game, not a passive one. From a cash-flow lens, entry prices of $374K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Murfreesboro:
Property Strategy for 37130
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $258,005 | $1,470 | 4.1% | +7.8% | $129,002 |
| 3BR | $354,537 | $1,880 | 3.8% | +8.1% | $118,179 |
| 4BR | $524,212 | $2,290 | 3.1% | +8.0% | $131,053 |
| 5BR | $659,311 | — | — | +8.8% | $131,862 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37130 Compare?
| Metric | 37130 | Murfreesboro | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $374,323 | $338,620 | N/A | $327,001 |
| 5-Year CAGR | 4.5% | 4.8% | N/A | 7.7% |
| Avg Rent | $1,526 | $1,720 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37130 (Murfreesboro, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 37130 (Murfreesboro, TN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $374,323 |
| Monthly Rent | $1,526 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | -2.2% ▼ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +4.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37130
Population: 57,768
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37130
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,409 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is vacancy a concern in Murfreesboro, TN?
Occupancy in Murfreesboro, TN runs consistent with elevated vacancy. Well-priced units at $1,526/mo lease on reasonable timelines.
What is the tenant pool like in Murfreesboro, TN?
Murfreesboro, TN draws a reliable base of working renters. Demand at the $1,526/mo rent level is reasonable for standard single-family and small multi rentals.
How strong is Murfreesboro, TN for real estate investors?
Our data puts Murfreesboro, TN at 3.0/5 for investability. Home prices of $374K and rents around $1,526/mo create a solid backdrop for investor activity.
Can I house hack in Murfreesboro, TN?
The house hack math a challenging in Murfreesboro, TN. Owner-occupant buyers benefit from the $1,526/mo rents and $374K home values.
What do landlords charge for rent in Murfreesboro, TN?
Investors in Murfreesboro, TN typically see rents near $1,526/mo per month against $374K home values - a solid setup for rental cash flow.
You know 37130 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37130 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37130 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 37130 (Murfreesboro)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 37130 (Murfreesboro, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.