Home/Minnesota/Martin County

Martin County Housing Market

Minnesota · 87 counties · Ranked #1302 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$158,800

vs national$158,800 vs $281,900 national

Median Gross Rent

$735/mo

vs national$735 vs $1,163 national

Effective Tax Rate

0.97%

vs national0.97% vs 1.02% national

Median Household Income

$62,969

vs national$62,969 vs $74,755 national

Affordability Ratio

2.5x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$1,547

Tax as % of Home Value

0.97%

Monthly Owner Cost

$838

Renter Income

$31,945

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$232+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Martin County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Martin County?

The median home value in Martin County is $158,800. This is below the national median of $281,900.

How much is rent in Martin County?

The median gross rent in Martin County is $735 per month.

What is the property tax rate in Martin County?

The effective property tax rate in Martin County is 0.97%. The median annual property tax bill is $1,547.

Is Martin County affordable?

With a home-value-to-income ratio of 2.5x, Martin County is considered 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.