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Martin County Housing Market

Florida · 67 counties · Ranked #2889 in home value

Above National Avg

Housing at a Glance

Median Home Value

$386,500

vs national+$386,500 vs $281,900 national

Median Gross Rent

$1,499/mo

vs national+$1,499 vs $1,163 national

Effective Tax Rate

0.81%

vs national0.81% vs 1.02% national

Median Household Income

$80,701

vs national+$80,701 vs $74,755 national

Affordability Ratio

4.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

34.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,120

Tax as % of Home Value

0.81%

Monthly Owner Cost

$1,200

Renter Income

$48,414

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Frequently Asked Questions

What is the median home value in Martin County?

The median home value in Martin County is $386,500. This is above the national median of $281,900.

How much is rent in Martin County?

The median gross rent in Martin County is $1,499 per month.

What is the property tax rate in Martin County?

The effective property tax rate in Martin County is 0.81%. The median annual property tax bill is $3,120.

Is Martin County affordable?

With a home-value-to-income ratio of 4.8x, Martin County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.