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Rental Market Trends in McMinnville, TN

What is the average rent in Mcminnville, TN?

$540/month

Average Rent

570 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of September 2025, the average rent in Mcminnville, TN is $540 per month. This is 67% lower than the national average rent of $1,640/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 $361 per month for a studio, $540 for a one-bedroom apartment, and around $770 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $845 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$361/month
0 Sq Ft
One Bedroom
$540/month
570 Sq Ft
Two Bedroom
$770/month
901 Sq Ft
Three Bedroom
$845/month
557 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,612/month
1,142 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, TN?

In the past year, rent has increased by 1.3%, which averages out to $7 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Mcminnville, TN
Last Updated September 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Mcminnville, TN
Percentage*
Rent Range
38% Below $700/month
62% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Mcminnville, TN?

Because the average rent in Mcminnville is $540, you’ll want to make about $1,800 per month or $21,600 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.

Cost of Living

The cost of living in Mcminnville, TN is 10.0% lower than the national average. Generally, housing in Mcminnville is 22.2% less expensive than the national average, with rent falling between $361 - $845. You can expect to pay 4.0% less for groceries, 14.9% less for utilities, and 10.5% less for transportation.

City

Mcminnville, TN

21 Available Apartments for Rent

Search for Nearby Apartments

How does Mcminnville, TN compare to other nearby cities and neighborhoods?

Use the tool below to compare Mcminnville, TN 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, TN

Apartment Averages

Apartment communities in Mcminnville we think you'll love

698 Miriah Dr

698 Miriah Dr

698 Miriah Dr,
McMinnville, TN 37110

$1,700

3 Beds

212 Westwood Dr

212 Westwood Dr

212 Westwood Dr,
Mc Minnville, TN 37110

$1,000

2 Beds

61 Wedgewood Ct

61 Wedgewood Ct

61 Wedgewood Ct,
McMinnville, TN 37110

$975

2 Beds

65 Wedgewood Ct

65 Wedgewood Ct

65 Wedgewood Ct,
McMinnville, TN 37110

$925

2 Beds

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United States Tennessee 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity