(Rutherford County, TN) Tennessee is in the top ten tier of states that reported significant changes in monthly residential rental prices for apartments and homes. When comparing 2022 rental prices to 2023, it appears overall that Tennessee renters felt an average rental hike that added up to 12.75%, according to Rent.com. In fact, Tennessee as a whole had the 9th largest increase in rental prices.

The monthly apartment rental fee for a 2-bedroom / 2-bathroom unit in Rutherford County starts at an average of $1,615 per month. Data also shows that Murfreesboro and Smyrna have higher rental prices than LaVergne and Antioch. Some 2-bedroom / 2-bath apartment units in Smyrna are renting for $1,916 per month, while similar units in Murfreesboro are priced at about $1,825 per month. In 3-bedroom / 2-bath units, Smyrna has some available at $2,230, while Murfreesboro has 3-bedroom units priced between $1,970 and $2,250 per month.

When looking at the combined Metro Statistical Area of Nashville - Davidson - Murfreesboro and Franklin, the average rent price grew by 9.83%, which is slightly behind the overall state average of 12.75%. The median rent price in the Metro Statistical Area of Nashville - Davidson - Murfreesboro and Franklin is $2,073 monthly.