Rent is higher than in 74% of U.S. cities. A typical house costs about 5.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $84,440 a year. That is $41 an hour at a full-time job.
Is rent cheaper than other Washington cities?
No. Rent here is more expensive than in most of Washington. It is number 108 of 192 cities from cheapest to most expensive.
How much do households earn in Martha Lake?
Share of households by yearly income. 50.5% of households earn $100,000 or more.
Rent by apartment size in Martha Lake
| Size | Martha Lake | U.S. average |
|---|---|---|
| Studio | $2,203 | $1,338 |
| 1 bedroom | $1,842 | $1,324 |
| 2 bedrooms | $2,317 | $1,509 |
| 3 bedrooms | $2,535 | $1,698 |
| 4 bedrooms | $3,296 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Martha Lake overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Martha Lake, so the Washington figure is shown.
Taxes and bills in Martha Lake
Life in Martha Lake
Is it cheaper to rent or buy in Martha Lake?
Renting is cheaper right now: about $3,339 a month less.
Owning assumes a typical $785,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $78,540 for the down payment.
Frequently asked questions
What is the average rent in Martha Lake, WA?
Renting in Martha Lake costs a median of about $2,111 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Martha Lake?
To keep rent under 30% of income, you need about $84,440 a year, or $41 an hour at a full-time job.
Is Martha Lake cheap or expensive?
Martha Lake is rated Cheap: rent takes 18.9% of the typical household income of $134,267. It ranks 108th cheapest of 192 Washington cities we track.
How much are property taxes in Martha Lake?
The median homeowner in Martha Lake pays $6,334 a year in property taxes, about 0.81% of the median home value.
Is Martha Lake more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Martha Lake?
The median home value in Martha Lake is $785,400, about 5.8 times the typical yearly household income.
22,634 people live in Martha Lake. Numbers are typical (middle) values.