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Rental Market Trends in McMinnville, OR

What is the average rent in McMinnville, OR?

$1,275/month

Average Rent

644 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of April 2026, the average rent in McMinnville, OR is $1,275 per month. This is 22% lower than the national average rent of $1,641/month, making renting in McMinnville more affordable than most cities in the US. When you rent an apartment in McMinnville, you can expect to pay about per month for a studio, $1,275 for a one-bedroom apartment, and around $1,485 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,729 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,275/month
644 Sq Ft
Two Bedroom
$1,485/month
879 Sq Ft
Three Bedroom
$1,729/month
1,089 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,254/month
1,461 Sq Ft
Four Bedroom
$2,878/month
2,008 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in McMinnville, OR?

In the past year, rent has increased by 1.1%, which averages out to $14 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in McMinnville, OR
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in McMinnville, OR
Percentage*
Rent Range
6% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
44% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in McMinnville, OR?

Because the average rent in McMinnville is $1,275, you’ll want to make about $4,250 per month or $51,000 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

McMinnville, OR

87 Available Apartments for Rent

Search for Nearby Apartments

How does McMinnville, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare McMinnville, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for McMinnville, OR

Apartment Averages

Nearby City Rent Trends

  • Newberg Average Rent

Apartment communities in McMinnville we think you'll love

Lively Downtown McMinnville

Lively Downtown McMinnville

230 & 282 SE Evans St,
Mcminnville, OR 97128

$1,595

2 Beds

Bluebird Cozine Creek Apartments

Bluebird Cozine Creek Apartments

1800 SW Old Sheridan Rd,
McMinnville, OR 97128

$1,500 - $1,950

2-3 Beds

Tice Park

Tice Park

2965 NE Evans St,
McMinnville, OR 97128

Call for Rent

2-3 Beds

Columbus Village Apartments

Columbus Village Apartments

1794 SW Fellows St,
McMinnville, OR 97128

$1,350 - $1,375

2 Beds

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United States Oregon McMinnville Rental Trends

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity