Murray State University

Murray, KY

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Murray State University - Murray, KY Area Guide

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Murray State University places the highest priority on student learning and excellent teaching, blending the range of educational opportunities presented at research institutions with the nurturing student-teacher interactions typically found at smaller universities. Founded in 1922, Murray State offers a wide range of relevant undergraduate and graduate degree programs with core studies in the liberal arts and sciences. MSU maintains a commitment to diversity, global awareness, and intellectual curiosity while fostering growth in knowledge, critical inquiry, and innovative thinking. Situated in the small town of Murray just seven miles north of the Kentucky-Tennessee border, MSU is within close proximity to various styles of apartments available for rent. Access to U.S. 641 allows for simple travels and commutes from campus. Student organizations, NCAA Division I Racers, Greek life, community service opportunities, intramurals and club sports, and special events keep Murray State humming. Options for outdoor recreation abound with the Kentucky and Barkley Lakes as well as the Land Between the Lakes National Recreation Area a short drive from campus. Nashville, Memphis, Louisville, and Saint Louis are all less than four hours away too.

Rent Trends

As of March 2026, the average apartment rent in Murray, KY is $645 for one bedroom, $919 for two bedrooms, and $861 for three bedrooms. Apartment rent in Murray has increased by 3.6% in the past year.

  • 1 BR

  • 657 sq ft

    Average Sq Ft

  • $645/month

    Average Rent

  • 2 BR

  • 905 sq ft

    Average Sq Ft

  • $919/month

    Average Rent

  • 3 BR

  • 1,189 sq ft

    Average Sq Ft

  • $861/month

    Average Rent

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Murray State University - Murray, KY (University) is for everyday living.

Car-Dependent

36 / 100

This area is considered a car-dependent area and most errands will require a car.

Somewhat Bikeable

37 / 100

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Schools

Murray Middle School

Public

Grades K-8

Murray High School

Public

Grades 9-12

Calloway County High School

Public

Grades 9-12

Points of Interest

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.