salaryRent is lower than in 86% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are short, about 13.7 minutes. Most households rent (58%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $41,480 a year. That is $20 an hour at a full-time job.
Is rent cheaper than other Tennessee cities?
Yes. Rent here is cheaper than in most of Tennessee. It is number 32 of 114 cities from cheapest to most expensive.
How much do households earn in Martin?
Share of households by yearly income. 11.2% of households earn $100,000 or more.
Rent by apartment size in Martin
| Size | Martin | U.S. average |
|---|---|---|
| 1 bedroom | $556 | $1,324 |
| 2 bedrooms | $956 | $1,509 |
| 3 bedrooms | $1,013 | $1,698 |
| 4 bedrooms | $1,311 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Martin overall?
Everyday prices in Tennessee overall are 8% below the U.S. average (index 91.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Martin, so the Tennessee figure is shown.
Taxes and bills in Martin
Life in Martin
Is it cheaper to rent or buy in Martin?
Renting is cheaper right now: about $339 a month less.
Owning assumes a typical $198,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,830 for the down payment.
Frequently asked questions
What is the average rent in Martin, TN?
Renting in Martin costs a median of about $1,037 a month in 2026, including utilities. The Tennessee median is $1,279.
How much do I need to make to live in Martin?
To keep rent under 30% of income, you need about $41,480 a year, or $20 an hour at a full-time job.
Is Martin cheap or expensive?
Martin is rated OK: rent takes 26.6% of the typical household income of $46,786. It ranks 32nd cheapest of 114 Tennessee cities we track.
How much are property taxes in Martin?
The median homeowner in Martin pays $954 a year in property taxes, about 0.48% of the median home value.
Is Martin more expensive than the national average?
Overall prices in Tennessee are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Martin?
The median home value in Martin is $198,300, about 4.2 times the typical yearly household income.
10,915 people live in Martin. Numbers are typical (middle) values.