Cost of Living in Martin County, Texas

$1,175/mo
Median Monthly Rent
$162,200
Median Home Value
22% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,175/mo
22% above state average
Median Home Value
$162,200
42% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Martin County Compares

Median monthly rent comparison

Martin County$1,175/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,175/mo
Median Gross Rent
$162,200
Median Home Value
$713/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Martin County, Texas

Martin's rents reflect oil-economy income

Martin County residents spend 18.3% of their income on rent, nearly matching the Texas state average of 18.1% despite earning $77,083—above the national median. The county's $1,175 median rent is notably higher than most Texas peers, reflecting the energy sector's influence on both wages and housing demand.

Mid-range affordability for Texas

Martin County's 18.3% rent-to-income ratio places it squarely at the state average, making it neither notably affordable nor severely strained compared to other Texas counties. The county's higher incomes help offset its above-average rents, maintaining a balanced position statewide.

Premium rents on higher-income foundation

Martin's $1,175 median rent is the highest among its regional peers—about 41% above Madison County and 38% above Marion—but the county's median income of $77,083 is also substantially higher. This income advantage allows Martin households to absorb housing costs that would strain residents of neighboring lower-income counties.

Housing's share of the Martin budget

A typical Martin household earning $77,083 annually devotes roughly $1,408 to housing (rent and utilities), consuming 22% of gross income. Homeowners face a steeper burden, with median monthly costs of $713, but the county's $162,200 median home value still positions ownership as accessible for income earners in the energy sector.

Martin suits oil industry workers best

If you work in energy and earning above-average income, Martin County's housing market makes sense despite premium rents—your paycheck keeps pace. Renters or workers in lower-wage sectors should compare Martin's 18.3% ratio against more affordable counties like Madison (14.9%) before committing.

Affordability Calculator

See how your income compares to housing costs in Martin County

$

Rent Burden

18.3%

of gross income

Max Housing (28% Rule)

$1,799

per month

Owner Cost Burden

11.1%

of gross income

You can likely afford the median home in Martin County

Median home value is $162,200. Estimated monthly cost: $1,295 vs. your max of $1,799.

Rent Affordability Guide

Your rent-to-income ratio18.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Martin County, Texas?
Martin County, Texas has a median monthly rent of $1,175/mo and a median home value of $162,200. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Martin County?
The median gross rent in Martin County is $1,175/mo. This is 22% above state average for Texas.
Is Martin County affordable?
Martin County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Martin County's rent compare to the state average?
Martin County's median rent of $1,175/mo is 22% above state average of $963/mo for Texas.
What is the median home value in Martin County?
The median home value in Martin County, Texas is $162,200. This is 42% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.