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City · 34,596 residents · Yamhill County, Oregon

McMinnville , Oregon

In McMinnville, a typical home is worth $432,800 and typical rent is $1,380 a month. Compared with all of Yamhill County, typical household income is 18% lower, the typical home value is 8% lower, and the share of households that own their home is 7 points lower.

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  • Typical home value

    $432,800

    8% below the county

    9% below Oregon

    • McMinnville
    • Yamhill
    • Oregon

  • Typical rent

    $1,380a month

    7% below the county

    10% below Oregon

    • McMinnville
    • Yamhill
    • Oregon

  • Typical household income

    $73,736a year

    18% below the county

    11% below Oregon

    • McMinnville
    • Yamhill
    • Oregon

  • Households that own their home

    63%

    7 points below the county

    About the same as Oregon

    • McMinnville
    • Yamhill
    • Oregon

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$478,561
1.1% less than 12 months ago
Typical rent
$1,776 a month
6.2% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

McMinnville is in Yamhill County. The FHA loan limit ($701,500 for a one-unit home), the fair market rents and the help on this page are those of all of Yamhill County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets McMinnville apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Sheridan, the typical home value is $328,800: 24% less than in McMinnville ($432,800).

  2. The typical household income in McMinnville is $73,736, 18% less than in Yamhill County as a whole ($90,063).

  3. 63% of households in McMinnville own their home, against 69% in Yamhill County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in McMinnville

What homes there are in McMinnville, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in McMinnville (60%), but less so than in Yamhill County (68%).

Year built

In McMinnville, half of the homes were built before 1991; in Yamhill County, before 1990.

Homes in McMinnville are smaller: 66% have 3 bedrooms or more; in Yamhill County, 71%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA loan limit for Yamhill County is $701,500, and about 88% of owner-occupied homes in McMinnville are worth less than that.

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Yamhill County is $1,878; about 79% of rents in McMinnville are below it.

With a mortgage

$1,819 a month

Yamhill County: $2,091 a month

Without a mortgage

$652 a month

Yamhill County: $652 a month

Owners with a mortgage

63%

Yamhill County: 67%

Owning costs less in McMinnville: with a mortgage, the typical cost is $1,819 a month; in Yamhill County, $2,091. Without one, $652.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in McMinnville rose 75%; in Yamhill County, it rose 59%.

The typical rent in McMinnville rose 40% since 2015–2019, about the same as in Yamhill County (41%).

The typical household income in McMinnville rose 36%: less than home values (+75%) and rent (+40%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMcMinnvilleYamhill CountyOregonUnited States
Rental vacancy Unreliable estimate3.5%4.2%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.7%0.9%
More than one person per room 3.8%3.2%3.2%3.4%
People per household 2.542.612.422.53
Drive alone 70%71%65%69%
Carpool 8%8%9%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike 7%6%5%3%
Work from home 12%14%19%15%
Other means Unreliable estimate2%1%2%
Typical commute 10 to 19 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Yamhill County, 3.8% of households in McMinnville have more than one person per room.

By size, households in McMinnville look like those in Yamhill County: 2.54 people on average.

The car rules in McMinnville: 70% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in McMinnville?

A typical home costs more than the typical income allows

We start with a typical home in McMinnville, worth $432,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 58% of the typical household income in McMinnville, which is $73,736 a year. For that payment to be 28% of income, a household would need to earn about $152,295 a year.

The calculator's FHA and conventional loan limits are those of all of Yamhill County.

Your numbers

Local data
$

Starts at the typical home value in McMinnville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $15,148 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,554

at 7.18% · 30 years

Loan amount
$424,961
Total interest
$611,419
Paid off in
November 2056

Includes $7,309 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,721 a month

  • Tight

    $1,721 to $2,212 a month

  • Hard

    more than $2,212 a month

    Your payment · 58%

Compared with the typical household income in McMinnville ($73,736 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,554
Principal & interest$2,879
Property tax$303
Home insurance$180
FHA mortgage insurance (MIP)$191

You need at least $15,148 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

McMinnville and Yamhill County

McMinnville is in Yamhill County, Oregon. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

McMinnville's own numbers

Typical home value
$432,800
Typical monthly rent
$1,380
Typical yearly household income
$73,736
Households that own their home
63%
Effective property tax rate
0.84%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Yamhill County

FHA limit, one-unit home
$701,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,878
Price change over 5 years (FHFA)
+40%
Homes in a high flood-risk zone
4.1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Yamhill County.

Everything about Yamhill County

Buying

Buying a home in McMinnville

A typical home in McMinnville is worth $432,800: 8% below the county and 9% below Oregon. With the typical household income in McMinnville ($73,736 a year), a typical home costs 5.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • McMinnville 5.9 years
  • Yamhill 5.2 years
  • Oregon 5.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Yamhill County

According to FHFA’s house price index, home prices in Yamhill County rose 105% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Yamhill County.

Period County Oregon U.S.
Last year (2025) +3.1% +0.9% +2.9%
5 years (2020–2025) +40% +35% +47%
10 years (2015–2025) +105% +86% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

McMinnville next to Yamhill County, Oregon and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • McMinnville $432,800
  • Yamhill $471,700
  • Oregon $477,600
  • United States $332,700
Typical monthly rent
  • McMinnville $1,380
  • Yamhill $1,480
  • Oregon $1,525
  • United States $1,413
Typical yearly household income
  • McMinnville $73,736
  • Yamhill $90,063
  • Oregon $83,011
  • United States $80,734
See the full table
McMinnville next to Yamhill County and Oregon
Measure McMinnville Yamhill County Oregon U.S.
Typical home value $432,800 $471,700 $477,600 $332,700
Typical monthly rent $1,380 $1,480 $1,525 $1,413
Typical yearly household income $73,736 $90,063 $83,011 $80,734
Households that own their home 63% 69% 63% 65%
Typical yearly property tax $3,619 $3,425 $3,876 $3,119
Effective property tax rate 0.84% 0.73% 0.81% 0.94%
Renters with high rent for their income 58% 56% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Yamhill County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in McMinnville

For a typical $432,800 home in McMinnville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, McMinnville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,554a month

    Least cash to close
    Down payment
    $15,148
    Cash to close
    $28,132
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $191

  • Conventional, 5% down $3,474a month

    Down payment
    $21,640
    Cash to close
    $34,624
    Rate
    7.18%
    Mortgage insurance
    PMI · $206

  • Conventional, 20% down, no PMI $2,829a month

    Down payment
    $86,560
    Cash to close
    $99,544
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,229a month

    Down payment
    $64,920
    Cash to close
    $77,904
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for McMinnville and for Yamhill County.

Property tax

Effective rate in McMinnville

0.84%of the home’s value each year

$3,619 a year for the typical owner in McMinnville.

  • McMinnville 0.84%
  • Yamhill 0.73%
  • Oregon 0.81%

What Oregon publishes 3 percent cap on maximum assessed value (Measure 50) (Oregon Legislature (Oregon Revised Statutes))

Exemptions and deadlines in Oregon

Flood risk in Yamhill County

FEMA does not publish these numbers by city: they are for all of Yamhill County.

Homes in the high-risk zone
4.1%
1,507
Of those, with NFIP insurance
20%
County Oregon U.S.
Homes in the high-risk zone 4.1% 2.8% 3.5%
Of those, with NFIP insurance 20% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in McMinnville

Typical rent in McMinnville is $1,380 a month: 7% below the county. In McMinnville, 58% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Yamhill County, by unit size. To pay the 2-bedroom one ($1,878 a month) without spending more than 30% of your income, you would need to earn $36.12 an hour working full time.

HUD fair market rent for all of Yamhill County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,527 $29.37 $61,080
1 bedroom $1,633 $31.40 $65,320
2 bedrooms $1,878 $36.12 $75,120
3 bedrooms $2,550 $49.04 $102,000
4 bedrooms $3,069 $59.02 $122,760

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in McMinnville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). McMinnville is in ZIP code 97128.

For 2 bedrooms it is $1,730: $148 less than the fair market rent for Yamhill County ($1,878).

  • 97128 $1,730$2,360

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for McMinnville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in McMinnville

HUD lists 7 buildings with rents for lower incomes in McMinnville. These are the largest.

  • Redwood Commons 2161 NE Lafayette Ave, McMinnville 97128 64 low-income homes · 2 bd: 40 · 3 bd: 24 · In service since 2003 · For families
  • Heritage Place 2915 NE Hembree St, McMinnville 97128 60 low-income homes · 1 bd: 16 · 2 bd: 44 · In service since 1993 · For older adults
  • Orchards Plaza 1310 NE 27th St, McMinnville 97128 60 low-income homes · 1 bd: 54 · 2 bd: 6 · In service since 2005 · For older adults, people with disabilities
  • Village Quarter 333 NE Irvine St, McMinnville 97128 50 low-income homes · 1 bd: 38 · 2 bd: 12 · In service since 2008 · For older adults
  • Villa West 201 SW Agee St, McMinnville 97128 48 low-income homes · 1 bd: 4 · 2 bd: 40 · 3 bd: 4 · In service since 2011 · For families, people experiencing homelessness (503) 472-1156

See all 13 buildings in Yamhill County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in McMinnville

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Yamhill County; 1 says it serves in Spanish.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in McMinnville

No down payment, repair or rent-help program on our list is for McMinnville or Yamhill County. The ones below are statewide in Oregon: they work in McMinnville the same as in the rest of the state.

Which programs do I qualify for? All programs in Oregon

  • OHCS Down Payment Assistance

    Statewide in Oregon

    Oregon state funds for the down payment and closing costs, delivered by local organizations: up to $60,000 or 20% of the price, sometimes as a grant or as a forgivable second mortgage, for first-time or first-generation buyers with income up to 100% of the area median. Offered by Oregon Housing and Community Services (OHCS).

    GrantForgivable

    See the program Official page

  • FirstHome (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for low- and moderate-income first-time buyers, with down payment assistance of 4% or 5% of the loan as a second mortgage. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

  • NextStep (Flex Lending)

    Statewide in Oregon

    Oregon Housing and Community Services mortgage for any buyer, including people who have owned a home before, with down payment assistance of 4% or 5% of the loan as a second mortgage that can be forgivable or repayable. Offered by Oregon Housing and Community Services (OHCS).

    Type not stated

    See the program Official page

Housing counselors near McMinnville

The HUD-approved agencies closest to the center of McMinnville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Authority of Yamhill County

    135 NE Dunn Pl, McMinnville · 1 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (503) 883-4300

  • DevNW

    528 Cottage St NE Ste 304, Salem · 20 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (503) 779-2680

  • OPEN DOOR COUNSELING CENTER DBA Open Door Housingworks

    34420 SW Tualatin Valley Hwy, Hillsboro · 23 miles away · Spanish

    Also serves in Polish, Russian, and Ukrainian.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (503) 748-0407

Every agency in Yamhill County All counseling agencies in Oregon

Help in Spanish near McMinnville

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of McMinnville

HUD’s record names them for McMinnville or Yamhill County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Yamhill County Public housing and Section 8 vouchers (503) 883-4300

All housing agencies in Oregon Source: HUD

Cities

Other cities in Yamhill County

These cities are also in Yamhill County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Yamhill County Housing in Oregon

Nearby cities

The cities closest to McMinnville, with the typical home value.

Neighboring counties

If Yamhill County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in McMinnville.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about McMinnville

Short answers with the numbers for McMinnville and all of Yamhill County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in McMinnville?

The typical home value in McMinnville is $432,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Yamhill County it is $471,700.

How much does it cost to rent in McMinnville?

Typical rent in McMinnville is $1,380 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Yamhill County is $1,878.

What is the FHA loan limit in McMinnville?

McMinnville uses the FHA limit for all of Yamhill County (2026): $701,500 for a one-unit home and $1,349,050 for a four-unit home.

How much property tax do owners pay in McMinnville?

The typical homeowner in McMinnville pays $3,619 a year, according to the U.S. Census Bureau. That is 0.84% of the home’s value; in Yamhill County, the rate is 0.73%.

Where can I find free help to buy or rent in McMinnville?

There is 1 HUD-approved counseling agency with an office in Yamhill County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).