States › Mississippi › St. Martin

Is St. Martin, MS expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,29726% lower than U.S. average
💵 Families earn per year (2026)$59,318about $4,943/month · 32% lower than U.S. average
🔑 House price$172,40048% lower than U.S. average

Rent is lower than in 69% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $51,880 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other Mississippi cities?

No. Rent here is more expensive than in most of Mississippi. It is number 45 of 66 cities from cheapest to most expensive.

St. Martin
$1,297
Senatobia
$942
Gulf Hills
$1,828
New Albany
$1,024
Batesville
$942
Richland
$1,497
Indianola
$1,204

How much do households earn in St. Martin?

Under $25k
14.1%
$25k–50k
37.0%
$50k–100k
35.8%
$100k–150k
6.9%
$150k+
3.8%

Share of households by yearly income. 10.7% of households earn $100,000 or more.

Rent by apartment size in St. Martin

SizeSt. MartinU.S. average
1 bedroom$1,134$1,324
2 bedrooms$1,319$1,509
3 bedrooms$1,420$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is St. Martin overall?

Everyday prices in Mississippi overall are 13% below the U.S. average (index 87.0, U.S. = 100).

Housing
56
Goods (food, clothes…)
96
Utilities
78
Other services
96
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for St. Martin, so the Mississippi figure is shown.

Taxes and bills in St. Martin

🏛️ Property tax$1,019a year · 0.59% of home value · U.S. $3,119
⚡ Electric bill$155a month (typical) · U.S. $156

Life in St. Martin

Commute to work22.1 minU.S.: 26.4 min
College degree17.3%U.S.: 35.7%
Own their home53.9%U.S.: 65.2%
Below poverty line17.2%U.S.: 12.5%
Unemployment6.7%U.S.: 5.2%

Is it cheaper to rent or buy in St. Martin?

Buying is cheaper month to month: about $101 a month less than renting.

Renting
$1,297
Owning
$1,196

Owning assumes a typical $172,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,240 for the down payment.

Frequently asked questions

What is the average rent in St. Martin, MS?

Renting in St. Martin costs a median of about $1,297 a month in 2026, including utilities. The Mississippi median is $1,187.

How much do I need to make to live in St. Martin?

To keep rent under 30% of income, you need about $51,880 a year, or $25 an hour at a full-time job.

Is St. Martin cheap or expensive?

St. Martin is rated OK: rent takes 26.2% of the typical household income of $59,318. It ranks 45th cheapest of 66 Mississippi cities we track.

How much are property taxes in St. Martin?

The median homeowner in St. Martin pays $1,019 a year in property taxes, about 0.59% of the median home value.

Is St. Martin more expensive than the national average?

Overall prices in Mississippi are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in St. Martin?

The median home value in St. Martin is $172,400, about 2.9 times the typical yearly household income.

8,139 people live in St. Martin. Numbers are typical (middle) values.