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Munford, TN Homes for Rent

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  • /40

    Starting at $1,315 Per Month

    • 2 - 3 Beds

    61 Franklin Square Dr, Munford, TN 38058

    Franklin Square is a quiet, gated community of spacious 2 and 3-bedroom apartments nestled in Munford, Tenn. Just a short drive from Memphis and vibrant employment hubs, our community helps redefine comfort and convenience in your new home.Welcome to your new home, complete with spacious closets, washer & dryer connections, and a private patio/balcony.Enjoy ease of access to

    Franklin Square

    61 Franklin Square Dr, Munford, TN 38058
  • /20

    $2,200 Per Month

    • 3 Beds
    • 3 Baths
    • 1,693 Sq Ft
    • House for Rent

    50 Mattie Ann Ln, Munford, TN 38058

    Property Id: 2720524 We have this property for Rent or Rent 2 Own it has a very large drive way about 10-12 min from The Millington Walmart and major shopping centers

    50 Mattie Ann Ln, Munford, TN 38058
  • /3

    $1,000 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,457 Sq Ft
    • Condo for Rent

    202 Munford Ave, Munford, TN 38058

    This inviting property offers a peaceful setting with easy access to local amenities. Enjoy nearby dining options and various department stores, all within a short distance. For those who appreciate outdoor activities, Nancy Lane Park is within walking range, perfect for leisurely strolls or family outings.This older home has 2 bedrooms 1 1/2 bath, tile and laminate flooring. With

    202 Munford Ave, Munford, TN 38058
  • /10

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    55 Adkins Cir, Munford, TN 38058

    **RENT SPECIAL** Sign a lease to move in and pay security deposit before 8/17/2026 and get your first month's rent for only $99!!! Move now to take advantage of this limited time offer!!*$12 monthly property insurance required additional Qualifications & Application Criteria $50 application fee per applicant Income verification criminal background

    55 Adkins Cir, Munford, TN 38058
  • /18

    $2,075 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • Built in 2019. 4 beds, 2.5 bath home with easy access to 51 and 385.

    228 Blackhawk Cove, Munford, TN 38058

    Built in 2019. 4 beds, 2.5 bath home with easy access to 51 and 385. Inside you will find a microwave, and stainless steel stove and dishwasher, granite countertops, elegant fixtures, beautiful stained concrete floors on the first floor, separate laundry room, and ceiling fans. The 4th bedroom could be a bonus room. The backyard is fenced.

    228 Blackhawk Cove, Munford, TN 38058
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    $800 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    93 Oakwood Cir, Munford, TN 38058

    **RENT SPECIAL** Sign a lease to move in and pay security deposit before 8/17/2026 and get your first month's rent for only $99!!! Move now to take advantage of this limited time offer!!*$12 monthly property insurance required additional Qualifications & Application Criteria $50 application fee per applicant Income verification criminal background

    93 Oakwood Cir, Munford, TN 38058

Why Live in Munford

Munford, Tennessee, blends small-town charm with steady growth, situated on U.S. Route 51, providing a direct route into Memphis, about 26 miles away. Despite its growth, Munford retains a close-knit community feel, where residents often know each other and enjoy local dining spots like Las Margaritas and Outlaw Bar-B-Que. The city offers a mix of suburban neighborhoods and rural properties, with ranch-style homes and new traditional houses being common. Recreational opportunities abound in Munford's parks, such as Valentine Park, which features frisbee golf, a dog park, and walking trails, and Centennial Park, known for its sports fields. Munford Elementary and Munford Middle School are highly rated, contributing to the community's appeal for families. The annual Celebrate Munford festival each October brings the community together with arts and crafts, live music, and a car show, supporting local scholarships and organizations. For shopping, residents have access to both chain stores like Kroger and locally owned businesses such as Munford Donuts. The proximity to Memphis and amenities like Baptist Memorial Hospital - Tipton, 10 miles north, and Memphis International Airport, 36 miles away, add to the convenience of living in Munford.

Frequently Asked Questions

How much does it cost to rent a home in Munford, TN?
The median rent for a home in Munford, TN is $1,687 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Munford, TN?
To comfortably afford the median rent in Munford, TN, a household needs to earn roughly $67,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,687 per month in Munford, TN, renters typically need to show $5,061 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Munford, TN?
In Munford, TN, the price-to-rent ratio is 16.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Munford, TN are best for renting a home?
The best neighborhood for renting in Munford, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Frayser, Raleigh, Cordova, Douglass and Berclair, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,687
Median Single Family Home Rent
$2,100
How to Rent a Home