Cheap Homes for Rent in Downtown Murfreesboro Neighborhood of Murfreesboro, TN from $1,100 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Murfreesboro area of Murfreesboro.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 638 N Academy St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 2 Bath Home for Rent

Available Now

638 N Academy St, Unit 640

638 N Academy St
MurfreesboroTN37130

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Downtown Murfreesboro, Murfreesboro, TN Local Guide

Best Value Apartments for Rent in Downtown Murfreesboro, TN

As of June 22, 2026 the best value apartment in the Downtown Murfreesboro area is the $1.43 price per square foot 3 Bedroom / 3 Bathroom (C1) Model at The Preserve Murfreesboro Apartments in the in the Downtown Murfreesboro neighborhood starting from $1,949. The second greatest value Downtown Murfreesboro apartment is the Two Bedroom Townhome Model at The Summit Townhomes starting at $1,499 with a $1.19 price per square foot in the Downtown Murfreesboro neighborhood. Here is today’s list of the best values for Downtown Murfreesboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve Murfreesboro Apartments3 Bedroom / 3 Bathroom (C1)3BR,3BA$1.43
The Summit TownhomesTwo Bedroom Townhome2BR,2.5BA$1.19
Ashwood CoveThe Palm2BR,2BA$1.32
The Social Blue3x3 Renovated3BR,3BA$0.61
Birchwood Apartments1BR/1BA1BR,1BA$1.19
1540 Place2x2D2BR,2BA$0.93
Kingwood1BR/1BA1BR,1BA$1.47
The 9022 BR/ 1 BA2BR,1BA$1.45
College CenterStudent Private Furnished 4 bed w/elec & wate4BR,4BA$0.71
Haynes Manor Apartments1 Bed, 1 bath1BR,1BA$1.45

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Murfreesboro, Murfreesboro, TN

Ranked #1

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Downtown Murfreesboro

What type of rentals are currently available in Downtown Murfreesboro?

There are currently 56 Apartments for Rent in Downtown Murfreesboro, TN with pricing that ranges from $416 to $3,048. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Murfreesboro ranging from $1,125 to $4,499.

What is the current price range for Rental Homes in Downtown Murfreesboro?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Murfreesboro ranges from $1,125 to $4,499 with an average monthly rent of $2,199.

How much are larger Three and Four Bedroom Rentals in Downtown Murfreesboro?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Murfreesboro range from $705 to $3,048, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $416.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.