McMinnville, TN

McMinnville, TN real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation
: 4.5%/yr.
Rent growth
: 3.1%/yr.
Median cap rate
: 3.2%.
Median IRR
: 5.7%.
Median rental home value
: $371,300.
Median rental rate
: $827/mo.
Median property tax
: $805/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

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ZIP codes in McMinnville, TN

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