Rent is higher than in 58% of U.S. cities. A typical house costs about 5.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $72,160 a year. That is $35 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
Yes. Rent here is cheaper than in most of Oregon. It is number 50 of 105 cities from cheapest to most expensive.
How much do households earn in McMinnville?
Share of households by yearly income. 25.8% of households earn $100,000 or more.
Rent by apartment size in McMinnville
| Size | McMinnville | U.S. average |
|---|---|---|
| Studio | $1,418 | $1,338 |
| 1 bedroom | $1,157 | $1,324 |
| 2 bedrooms | $1,449 | $1,509 |
| 3 bedrooms | $1,793 | $1,698 |
| 4 bedrooms | $1,738 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is McMinnville overall?
Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for McMinnville, so the Oregon figure is shown.
Taxes and bills in McMinnville
Life in McMinnville
Is it cheaper to rent or buy in McMinnville?
Renting is cheaper right now: about $1,199 a month less.
Owning assumes a typical $432,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,280 for the down payment.
Frequently asked questions
What is the average rent in McMinnville, OR?
Renting in McMinnville costs a median of about $1,804 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in McMinnville?
To keep rent under 30% of income, you need about $72,160 a year, or $35 an hour at a full-time job.
Is McMinnville cheap or expensive?
McMinnville is rated OK: rent takes 27.2% of the typical household income of $79,524. It ranks 50th cheapest of 105 Oregon cities we track.
How much are property taxes in McMinnville?
The median homeowner in McMinnville pays $3,619 a year in property taxes, about 0.84% of the median home value.
Is McMinnville more expensive than the national average?
Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in McMinnville?
The median home value in McMinnville is $432,800, about 5.4 times the typical yearly household income.
34,596 people live in McMinnville. Numbers are typical (middle) values.