Much like its nearby areas, it's significantly less expensive compared to the rest of the nation. Compared to the city of Huntsville, it is substantially less expensive.
Home prices
The median home price in McMinnville is $98,400. Compared to its surrounding areas this is about $1,940 (1%) lower.It is roughly $119,100 (54%) lower in comparison to the rest of the nation, and is roughly $84,500 (46%) lower compared to the city of Huntsville.
Rents
In McMinnville the median monthly rent is $637. This is approximately $82 (14%) higher compared to nearby areas.It is about $425 (40%) lower in comparison to the country as a whole, and in comparison to the city of Huntsville is approximately $190 (22%) lower.
Nearby places
Centertown
Centertown is roughly 7 miles west from McMinnville. The real estate prices there are a little less expensive. Centertown's median home cost is $89,700, which is $8,700 (9%) lower than McMinnville. Rent there is a bit less expensive. In Centertown the median rent is $606 a month, which is $31 (5%) lower than McMinnville.
Morrison
Morrison is roughly 8 miles southwest from McMinnville. Its real estate prices are similar. The median home in Morrison costs $98,300, which is very similar to McMinnville. The rent there is significantly less expensive. The median rent in Morrison is $388 a month, which works out to $249 (64%) lower than McMinnville.
Spencer
Spencer is about 16 miles east from McMinnville. Housing prices there are somewhat less expensive. The median home in Spencer is valued at $81,000, which is $17,400 (21%) lower than McMinnville. Its rents are somewhat less expensive. In Spencer the median rent is $503 a month, which comes out to $134 (26%) lower than McMinnville.
Woodbury
Woodbury is approximately 17 miles northwest from McMinnville. The housing prices there are significantly more expensive. The cost of the median home in Woodbury is $145,000, which works out to $46,600 (32%) higher than McMinnville. The rent there is similar. The median rent in Woodbury is $617 a month, which comes out to $20 (3%) lower than McMinnville.
Doyle
Doyle is roughly 17 miles northeast from McMinnville. The housing prices there are a little less expensive. Doyle's median home cost is $87,700, which is $10,700 (12%) lower than McMinnville. Rent there is fairly similar. The median rent in Doyle is $660 a month, which works out to $23 (3%) higher than McMinnville.
