Much like the surrounding areas, it is a little more expensive compared to the entire nation. However it's significantly less expensive compared to the city of Portland.
Home prices
The median home price in McMinnville is $247,400. This is roughly $10,560 (4%) higher compared to its nearby areas.Compared to the rest of the country it is approximately $29,900 (13%) higher, and is about $164,600 (39%) lower in comparison to the city of Portland.
Rents
In McMinnville the median rent is $987 a month. It is about $198 (16%) lower in comparison to the surrounding areas.It is approximately $75 (7%) lower compared to the United States as a whole, and it is roughly $261 (20%) lower in comparison to the city of Portland.
Nearby places
Lafayette
Lafayette is about 3 miles northeast of McMinnville. The housing prices there are fairly similar. The median home value in Lafayette is $246,000, which is very similar to McMinnville. Rent there is a bit more expensive. In Lafayette the median rent is $1,097 per month, which comes out to $110 (10%) higher than McMinnville.
Dayton
Dayton is about 4 miles east from McMinnville. Housing prices there are a bit less expensive. The median home cost in Dayton is $198,000, which works out to $49,400 (24%) lower than McMinnville. Rents there are a little more expensive. In Dayton the median monthly rent is $1,219, which is $232 (19%) higher than McMinnville.
Carlton
Carlton is approximately 5 miles north from McMinnville. Its housing prices are a little more expensive. Carlton's median home cost is $276,200, which works out to $28,800 (10%) higher than McMinnville. Rents there are somewhat more expensive. Carlton's median monthly rent is $1,239, which comes out to $252 (20%) higher than McMinnville.
Amity
Amity is about 6 miles south of McMinnville. The housing prices there are somewhat less expensive. The price of the median home in Amity is $189,600, which is $57,800 (30%) lower than McMinnville. The rent there is somewhat more expensive. Amity's median monthly rent is $1,194, which is $207 (17%) higher than McMinnville.
Yamhill
Yamhill is about 8 miles north from McMinnville. The housing prices there are a bit more expensive. The median home in Yamhill is valued at $274,400, which works out to $27,000 (9%) higher than McMinnville. Rents there are a little more expensive. The median monthly rent in Yamhill is $1,178, which is $191 (16%) higher than McMinnville.
