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ZIP Code · OR

ZIP 97128

Pop. 38,664·Yamhill County·56th most expensive ZIP in Oregon
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
ZIP 97128 · $1,757
More affordable than 55% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,580
2 BR
$1,800
3 BR
$2,470
4 BR+
$2,900
Research median
$1,800/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
Location
StateOR
CountyYamhill County
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.
Demographics

Who lives here

ZIP 97128 (McMinnville, OR) is majority owner-occupied, has a large retiree population, 28.6% of residents hold a bachelor's degree or higher.

Population
38,664
Median income
$75,896
Median age
40.4
Renters
34.2%
Age distribution
22%
20.9%
24%
21.2%
Under 1822%
18–3420.9%
35–5424%
55–6411.9%
65+21.2%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
75.9%
18.7%
White75.9%
Black0.6%
Hispanic18.7%
Asian1.6%
Other3.3%
Education (25+)
24.7%
34.9%
28.6%
No HS diploma11.8%
HS diploma24.7%
Some college34.9%
Bachelor's+28.6%
Housing tenure
65.8%
34.2%
Owner65.8%
Renter34.2%

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

2021 vs 2026

How ZIP 97128 in McMinnville, OR has changed in 5 years

Income
$60,984 → $75,896
up 24.5%
Population
38,508 → 38,664
up 0.4%
Renter share
34% → 34.2%
+0.2 pts
Bachelor's+
28.8% → 28.6%
-0.2 pts
Median age
39.6 → 40.4
+0.8 yrs

On the earnings side, the typical household in ZIP 97128 in McMinnville, OR now reports about $75,896, up from $60,984 in 2021.

Community

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Local insights

Tips for renters in ZIP 97128

About renting in ZIP 97128

Last updated: July 20, 2026

ZIP code 97128 covers McMinnville, OR. The median rent here is $1,757/mo as of July 2026. A 1-bedroom rents for a median of $1,580/mo. A 2-bedroom rents for a median of $1,800/mo.

At 28% of local median household income ($75,896/yr), ZIP 97128 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 11.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 97128?

As of July 20, 2026, the median monthly rent in ZIP 97128 (McMinnville, OR) is $1,757. This is based on aggregated data from public sources and community submissions.

How does ZIP 97128 rent compare to the US average?

ZIP 97128's median rent of $1,757/mo is $208 (11%) below the US national median of $1,965/mo.

How does ZIP 97128 compare to other ZIPs in Oregon?

ZIP 97128 falls in the middle range for Oregon, ranking #56 out of 116 ZIPs at $1,757/mo.

How much income do you need to rent in ZIP 97128?

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 ZIP 97128. The local median household income is $75,896/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 97128?

Rent in ZIP 97128 has decreased 11.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 97128 an affordable place to rent?

ZIP 97128 is considered affordable for renters. At $1,757/mo, rent takes approximately 28% of the local median household income ($75,896/yr). The standard benchmark is 30%. ZIP 97128 falls comfortably within that range.

What percentage of ZIP 97128 residents rent vs. own?

According to Census data, approximately 34.2% of ZIP 97128 households are renters, while 65.8% are owner-occupied. ZIP 97128 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 97128 compare to the rest of McMinnville?

ZIP 97128 sits right at the McMinnville citywide median of $1,757/mo.

When was rent data for ZIP 97128 last updated?

Rent data for ZIP 97128 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,757/mo, rent takes ~28% of ZIP 97128's median household income ($75,896/yr). The standard benchmark is 30%.

ZIP 97128 28%Benchmark 30%
State income tax4.75–9.9%
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Schools nearby

Public schools near ZIP 97128 (McMinnville, OR)

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