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Munford, TN Homes for Rent

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    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
  • /27

    $2,300 Per Month

    • 4 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • House for Rent

    162 Buford Rd W, Munford, TN 38058

    FOR LEASE OWNER/AGENT Welcome home to this charming and updated Munford Property offering a comfortable layout with plenty of character and functional living space. The updated Kitchen features gray cabinetry, stainless appliances, contrasting dark backsplash, generous counter space, center island with additional storage, and a convenient breakfast bar. Durable wood- look flooring flows through

    Jennifer Clark Tiger Realty

    162 Buford Rd W, Munford, TN 38058
  • /7

    $850 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    61 Oakwood Cir, Munford, TN 38058

    *First full month's rent will be full price *$12 monthly property insurance required additional Qualifications & Application Criteria $50 application fee per applicant Income verification criminal background check credit check : we look for a 600 but we are flexible on this with the option to sign up for credit monitoring Please send direct message if you

    61 Oakwood Cir, Munford, TN 38058
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    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    15 Trevor Cove, Munford, TN 38058

    Welcome to 15 Trevor Cv in Munford! This inviting three-bedroom, two-bathroom home offers a great combination of modern finishes, comfortable living space, and a fully fenced backyard.Inside, you'll find a spacious living area with plenty of room to relax or entertain. The kitchen features granite countertops, ample cabinet and prep space, and all appliances are included, making move-in

    15 Trevor Cove, 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 $1,547 per month, though prices vary by neighborhood, size, and property type. As of September 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 $61,880 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 $1,547 per month in Munford, TN, renters typically need to show $4,641 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 17.8, 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
4
Median Rent
$1,547
Median Single Family Home Rent
$2,100
How to Rent a Home