Home Price Key
Affordable
Average
Expensive
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 $116,128, lower than the South Dakota average of $199,518.
The average cost of rent is $661/mo in Martin, primarily driven by the current value of real estate in the Martin area. While nearly 59.36% of residents own their homes outright in Martin, 46.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martin is $4,247 per month. Households that rent pay about 15.57% of their income on rent here. Martin's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Tuthill, SD: higher priced homes
- Swett, SD: higher priced homes
- Patricia, SD: higher priced homes
- Allen, SD: higher priced homes
- Vetal, SD: higher priced homes
- Merriman, NE: equally priced homes
- Batesland, SD: less expensive homes
- Long Valley, SD: equally priced homes
- Wanblee, SD: equally priced homes
- Cody, NE: higher priced homes
Cities with Similar Populations
- Archer City, TX: less expensive homes
- Kinston, AL: less expensive homes
- Stephens, AR: less expensive homes
- Sterling, OK: equally priced homes
- Sunray, OK: equally priced homes
- Washington, OK: higher priced homes
- China Lake Acres, CA: higher priced homes
- Bull Valley, IL: higher priced homes
- Bridgehampton, NY: higher priced homes
- Bonnerdale, AR: equally priced homes
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