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These days, finding an affordable place to live in the Martinsburg area can be challenging. Home prices in Martinsburg are now at a median cost of $181,896, lower than the Iowa average of $226,062.
The average cost of rent is $553/mo in Martinsburg, primarily driven by the current value of real estate in the Martinsburg area. In Martinsburg, 10.42% of households rent, and 54.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martinsburg is $4,822 per month. Households that rent pay about 11.47% of their income on rent here. Martinsburg’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hedrick, IA: less expensive homes
- Highland Center, IA: higher priced homes
- Ollie, IA: less expensive homes
- Packwood, IA: less expensive homes
- Sigourney, IA: less expensive homes
- Delta, IA: less expensive homes
- Hayesville, IA: less expensive homes
- Fremont, IA: less expensive homes
- Dahlonega, IA: higher priced homes
- Pekin, IA: less expensive homes
Cities with Similar Populations
- Carleton, NE: less expensive homes
- Wellman, OH: higher priced homes
- Welcome, AR: equally priced homes
- Weingarten, MO: higher priced homes
- Weinert, TX: less expensive homes
- Webb Summit, OH: less expensive homes
- Watson, MO: equally priced homes
- Walpole, IL: higher priced homes
- Wallington, NY: higher priced homes
- Wallace, MO: higher priced homes
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