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City Report · OR

Mcminnville

Pop. 34,596·31st most expensive in Oregon·McMinnville rents have dropped 11.3%, currently a renter's market
Median rent (all units)
$1,757/mo
Year-over-Year
-11.3%
Month-over-Month
-5.1%
vs US Median
-$208
Falling (Monthly)
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Most AffordableMost Expensive
Mcminnville · $1,757
More affordable than 57% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,757/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$70,000/yr
Local median income
$73,736/yr
Based on the 30%-of-income rule using Mcminnville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,600
2 BR
$1,830
3 BR
$2,530
4 BR+
$2,930
Research median
$1,830/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,084/yr
At $1,757/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 11.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-11.3% YoY, -5.1% MoM), not inventory.
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Demographics

Who lives here

Mcminnville, OR is majority owner-occupied, has a large retiree population, 25.8% of residents hold a bachelor's degree or higher.

Population
34,596
Median income
$73,736
Median age
38.9
Renters
37.1%
Age distribution
22.6%
22.2%
23.4%
20.4%
Under 1822.6%
18–3422.2%
35–5423.4%
55–6411.4%
65+20.4%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
75%
20%
White75%
Black0.5%
Hispanic20%
Asian1.6%
Other2.9%
Education (25+)
12.7%
25.7%
35.7%
25.8%
No HS diploma12.7%
HS diploma25.7%
Some college35.7%
Bachelor's+25.8%
Housing tenure
62.9%
37.1%
Owner62.9%
Renter37.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Mcminnville, OR has changed in 5 years

Income
$58,692 → $73,736
up 25.6%
Population
34,224 → 34,596
up 1.1%
Renter share
36.9% → 37.1%
+0.2 pts
Bachelor's+
26.8% → 25.8%
-1.0 pts
Median age
37.4 → 38.9
+1.5 yrs

Household income in the area moved from $58,692 to $73,736 across the same window, up 25.6% versus 2021. Census counts show Mcminnville, OR adding about 372 residents over the five-year window, up 1.1% on net.

Community

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View Mcminnville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Mcminnville on your salary?

At $1,757/mo, how Mcminnville rent compares to typical pay (30% rule).

By apartment size

Mcminnville rent by bedroom count

Median rent for each apartment size in Mcminnville. Click any size for full breakdown.

Local insights

Tips for renters in Mcminnville

About renting in Mcminnville, OR

Last updated: July 20, 2026

The median rent in Mcminnville is $1,757/mo as of July 2026. A studio apartment averages $1,490/mo while a 2-bedroom runs $1,830/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,530/mo.

At 29% of local median household income ($73,736/yr), Mcminnville ranks as affordable compared to the national benchmark of 30%. Rents have decreased 11.3% over the past year.

FAQ

Frequently asked questions

Is Mcminnville an affordable city for renters?

Mcminnville is considered affordable for renters. At $1,757/mo, rent takes approximately 29% of the local median household income ($73,736/yr). The standard benchmark is 30%. Mcminnville falls comfortably within that range.

How much income do you need to rent in Mcminnville?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,757/mo in Mcminnville. The local median household income is $73,736/yr, meaning the typical Mcminnville household meets that threshold.

Is rent going up or down in Mcminnville?

Rent in Mcminnville has decreased 11.3% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Mcminnville rent compare to other cities in Oregon?

Mcminnville is middle-of-the-pack for Oregon for rent, ranking #31 out of 65 tracked cities at $1,757/mo.

Which nearby cities are cheaper to rent in than Mcminnville?

Several nearby cities have lower median rents than Mcminnville ($1,757/mo): Salem ($1,585/mo), Keizer ($1,604/mo), Dallas ($1,700/mo).

What percentage of Mcminnville residents rent vs. own?

According to Census data, approximately 37.1% of Mcminnville households are renters, while 62.9% are owner-occupied. Mcminnville leans toward homeownership, which can mean a smaller rental inventory.

How does Mcminnville rent compare to the national average?

Mcminnville's median rent of $1,757/mo is $208 (11%) below the US national median of $1,965/mo. Within Oregon, it ranks #31 out of 65 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,757/mo, rent takes ~29% of Mcminnville's median household income ($73,736/yr). The standard benchmark is 30%.

Mcminnville 29%Benchmark 30%
State income tax4.75–9.9%
Run the Mcminnville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mcminnville, OR

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