Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

McMinnville, TN

As of May 2026, McMinnville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. McMinnville's average rent is 38.0% ($526) lower than the Tennessee average of $1,385 and 52.0% ($930) lower than the U.S. average of $1,789.

Average Rent

$859

Monthly ChangeMonth Over Month Change

1.5% ($13)

Yearly ChangeYear Over Year Change

4.8% ($39)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$727	1.1% ($8)	9.3% ($62)
2 Beds	$857	1.5% ($13)	4.5% ($37)
3 Beds	$1,229	3.5% ($41)	2.1% ($25)

Nearby Cities	Average Rent	Avg. Rent vs. McMinnvilleAverage Rent vs. McMinnville	Avg. Days on MarketAverage Days on Market
Smithville	$1,295	50.8% ($436)	35 days
Woodbury	$876	2% ($17)	37 days
Manchester	$1,368	59.3% ($509)	37 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

McMinnville Rental Market FAQs

Explore rental prices, market trends, and availability in McMinnville, TN.

What is the average rent in McMinnville, TN?

The average rent in McMinnville, TN is $859 per month.

What is the rental price range for homes in McMinnville, TN?

Homes in McMinnville typically rent for between $600 and $1,598 per month, with an average of $859 per month.

What is the average rent for different bedroom sizes in McMinnville, TN?

In McMinnville, the average rent for a 1-bedroom home is $727 per month, for a 2-bedroom home, $857 per month, and a 3-bedroom home is $1,229 per month.

How do rent prices in McMinnville, TN compare with the national average?

The average rent in McMinnville is 52% ($930) lower than the national average of $1,789 per month.

How have rent prices in McMinnville, TN changed recently?

The average rent in McMinnville has increased by 1.5% ($13) in the last month and increased by 4.8% ($39) over the past year.

How competitive is the rental market in McMinnville, TN?

The rental market in McMinnville, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in McMinnville, TN?

In McMinnville, TN, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in McMinnville, TN?

There are currently 6 rental properties available in McMinnville, TN.

Can I afford to rent a home in McMinnville, TN?

Based on the current averages, a household would need an annual income of $34,280 to comfortably afford a 2-bedroom home in McMinnville.