Is the McMinnville, TN metro good for rental property?

The typical home here runs -$934 a month at 7.78% with 25% down. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.

Which ZIP codes in the McMinnville, TN metro have the highest rental yield?

, on Zillow value and rent. The full table above sorts by any column.

Rental numbers for the McMinnville, TN metro

The typical home here runs -$934 a month at 7.78% with 25% down.

Gross yield: 5.0%; typical home, Zillow
Median ZIP yield: n/a; 0 ZIPs with full data
Cash flow: -$934/mo; at 7.78%, 25% down
Typical price: $260,000; Zillow ZHVI, Aug 2026
Typical rent: $1,075/mo; Zillow ZORI, Aug 2026

ZIP codes in the metro

3 with published figures


38581Rock Island	$257,000	$1,060*	4.9%	2.1%	-$926	n/a
37357Morrison	$328,000	$1,320*	4.8%	2.2%	-$1,174	n/a
37110McMinnville	$257,000	$970*	4.5%	1.8%	-$1,005	n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months: +2.1%
Rent, 12 months: n/a
Rent minus price growth: n/a
Property tax: 0.43%; effective rate, ACS 2024

Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021

Show the numbers

Month	Typical value	Rent
Aug 2021	$202,643	n/a
Aug 2022	$238,808	n/a
Aug 2023	$242,442	n/a
Aug 2024	$255,705	n/a
Aug 2025	$254,429	n/a
Aug 2026	$259,787	$1,075

Counties

Warren County, TNn/a median yield
Van Buren County, TNn/a median yield

Tools

Test a listing in the McMinnville, TN area against today's rate.

Open the calculator

All of Tennessee

Questions

Is the McMinnville, TN metro good for rental property?: The typical home here runs -$934 a month at 7.78% with 25% down. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
Which ZIP codes in the McMinnville, TN metro have the highest rental yield?: , on Zillow value and rent. The full table above sorts by any column.

Sources and method

Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.