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 $137,256, lower than the Tennessee average of $218,916.
The average cost of rent is $720/mo in Martin, primarily driven by the current value of real estate in the Martin area. While nearly 51.10% of residents own their homes outright in Martin, 39.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martin is $3,071 per month. Households that rent pay about 23.46% of their income on rent here. Martin's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Ralston, TN: higher priced homes
- Gardner, TN: equally priced homes
- Mount Pelia, TN: higher priced homes
- Hyndsver, TN: equally priced homes
- Terrell, TN: equally priced homes
- McConnell, TN: higher priced homes
- Sharon, TN: less expensive homes
- Sidonia, TN: less expensive homes
- Ruthville, TN: less expensive homes
- Dresden, TN: less expensive homes
Cities with Similar Populations
- Bradley Gardens, NJ: higher priced homes
- Western Springs, IL: higher priced homes
- West Park, FL: higher priced homes
- Wells Branch, TX: higher priced homes
- Warrenville, IL: higher priced homes
- Browns Summit, NC: higher priced homes
- Brookside, DE: higher priced homes
- Broadlands, VA: higher priced homes
- Brattleboro, VT: higher priced homes
- Brandywine, MD: higher priced homes
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