Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mcminnville area can be challenging. Home prices in Mcminnville are now at a median cost of $324,853, lower than the Oregon average of $365,363.
The average cost of rent is $1,185/mo in Mcminnville, primarily driven by the current value of real estate in the Mcminnville area. While nearly 39.66% of residents own their homes outright in Mcminnville, 31.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mcminnville is $5,322 per month. Households that rent pay about 22.26% of their income on rent here. Mcminnville's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- St. Joseph, OR: higher priced homes
- Orchard View, OR: higher priced homes
- Eola Village, OR: higher priced homes
- Lafayette, OR: higher priced homes
- Midway, OR: equally priced homes
- Carlton, OR: higher priced homes
- Dayton, OR: equally priced homes
- Amity, OR: higher priced homes
- Whiteson, OR: less expensive homes
- Unionvale, OR: higher priced homes
Cities with Similar Populations
- Adrian, MI: less expensive homes
- Woodridge, IL: equally priced homes
- Wildomar, CA: higher priced homes
- Westchester, FL: higher priced homes
- West Monroe, LA: less expensive homes
- Trumbull, CT: higher priced homes
- Kearns, UT: less expensive homes
- Franklin, WI: less expensive homes
- Enterprise, AL: less expensive homes
- Elk Grove Village, IL: less expensive homes
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