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Rent in McMinnville, OR

A 2-bedroom in McMinnville, OR (ZIP 97128) typically rents for about $1,367 a month, with a range of $1,367–$1,878. Owner-occupied homes in Yamhill County pay about 0.73% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in McMinnville, OR by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,337$1,337–$1,5271
1 bed$1,120$1,120–$1,6331
2 beds$1,367$1,367–$1,8781
3 beds$1,681$1,681–$2,5501
4 beds$2,008$2,008–$3,0691

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

McMinnville ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in McMinnville, OR?
About $1,367 a month: the median of the typical rents in 1 ZIP code, which range from $1,367–$1,878. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in McMinnville, OR?
About $1,120 a month: the median of the typical rents in 1 ZIP code, which range from $1,120–$1,633. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in McMinnville, OR?
About $1,681 a month: the median of the typical rents in 1 ZIP code, which range from $1,681–$2,550. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in McMinnville, OR?
About $1,337 a month: the median of the typical rents in 1 ZIP code, which range from $1,337–$1,527. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in McMinnville, OR?
About $2,008 a month: the median of the typical rents in 1 ZIP code, which range from $2,008–$3,069. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in McMinnville, OR?
Owner-occupied homes in Yamhill County pay a typical 0.73% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these McMinnville rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).