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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 $180,665, lower than the Mississippi average of $183,008.
The average cost of rent is $1,080/mo in Martin, primarily driven by the current value of real estate in the Martin area. In Martin, 8.75% of households rent, and 41.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martin is $7,113 per month. Households that rent pay about 15.18% of their income on rent here. Martin’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Collinsville, MS: equally priced homes
- Shucktown, MS: equally priced homes
- Herbert Springs, MS: equally priced homes
- Schamberville, MS: equally priced homes
- Klondike, MS: less expensive homes
- Bailey, MS: higher priced homes
- Damascus, MS: less expensive homes
- Perdue, MS: less expensive homes
- Pine Springs, MS: less expensive homes
- Little Rock, MS: less expensive homes
Cities with Similar Populations
- Antioch, OK: equally priced homes
- Pinos Altos, NM: higher priced homes
- Page, NE: less expensive homes
- Painter Creek, OH: higher priced homes
- Palestine, OH: less expensive homes
- Palos, VA: higher priced homes
- Paoli, WI: higher priced homes
- Parkman, WY: higher priced homes
- Pennington, TX: higher priced homes
- Penrod, KY: less expensive homes
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