Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Martins Additions area can be challenging. Home prices in Martins Additions are now at a median cost of $1,188,584, higher than the Maryland average of $357,815.
The average cost of rent is $3,501/mo in Martins Additions, primarily driven by the current value of real estate in the Martins Additions area. While nearly 30.13% of residents own their homes outright in Martins Additions, 2.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martins Additions is $20,833 per month. Households that rent pay about 16.80% of their income on rent here. Martins Additions's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Chevy Chase Section Three, MD: higher priced homes
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- North Chevy Chase, MD: less expensive homes
- Somerset, MD: equally priced homes
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- South Kensington, MD: less expensive homes
- Takoma Park, MD: less expensive homes
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