Expensive
Affordable
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These days, finding an affordable place to live in the Martin area can be challenging. Home prices in Martin are now at a median cost of $204,024, lower than the Michigan average of $250,415.
The average cost of rent is $873/mo in Martin, primarily driven by the current value of real estate in the Martin area. In Martin, 11.34% of households rent, and 48.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martin is $5,999 per month. Households that rent pay about 14.55% of their income on rent here. Martin’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hooper, MI: higher priced homes
- Watson, MI: equally priced homes
- Shelbyville, MI: higher priced homes
- Plainwell, MI: higher priced homes
- Hopkinsburg, MI: higher priced homes
- Otsego, MI: equally priced homes
- Bradley, MI: higher priced homes
- Orangeville, MI: higher priced homes
- Circle Pine Center, MI: higher priced homes
- Prairieville, MI: higher priced homes
Cities with Similar Populations
- Dillingham, AK: higher priced homes
- Glendale, OH: higher priced homes
- Wimer, OR: higher priced homes
- Fayette, OH: less expensive homes
- Farmer City, IL: less expensive homes
- Fairmont City, IL: less expensive homes
- Eldorado, TX: less expensive homes
- Earlville, NY: less expensive homes
- Douglass, TX: higher priced homes
- Crows Landing, CA: higher priced homes
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