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Martin

Learn about the people, housing, costs and businesses in Martin, North Dakota

Median Home$110,300
Median Rent$373/month
Population65
Leading IndustriesRetail · Construction · Agriculture & Mining21% retail
Family-Friendly22% of residents
Homeowners85% of occupied units
NotableAffordable Market$110k median home · lower cost than 88% of the country
Martin
ND

Frequently Asked Questions

What are today's mortgage rates in Martin?

As of today, the 30-year fixed mortgage rate for Martin is approximately 7.072% (7.114% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Martin?

The median home value in Martin is $110k. The median monthly rent is $373. Annual property taxes average $774. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Martin?

Based on a typical all-in ownership cost of $529/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Martin is $63k/year.

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What industries drive the economy in Martin?

The largest employment sectors in Martin are retail (21%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.