Guest, Sign inJoin
Housing in Martin

A typical Martin home is worth roughly $146,000

Typical home value
$146K
IL $298K
Estimate
2-bedroom rent
$1,110
a month, utilities in · HUD
Median tax bill
$3,172
IL $5,298

What kind of housing town is Martin?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.8 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$268,000
Typical Martin home $146K

That covers a typical Martin home, with $122K to spare.

The typical home, each month
$1,030
Loan $720Tax $260Insurance $40

A two-bedroom rents for about $1,110 a month here, $80 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Martin’s typical property tax (2.17% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

74% of Martin households own their home

Half of Martin’s homes were built before 1953.

Owners and renters
Own 74%Rent 26%

Illinois: 67% own.

1953
typical home built · IL 1971
$3,172
median property tax bill · IL $5,298
2.17%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,110

Renters already here pay a median of $903, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$790
1 bedroom$850
2 bedrooms$1,110
3 bedrooms$1,460
4 bedrooms$1,460
26%
of households rent · IL 33%
107
renter households
33%
of renters spend 30%+ of income on rent · IL 48%
16%
of the median income, for a two-bedroom
$903
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bloomington, IL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Martin vs. its neighbors

The towns that share a border with Martin. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Martin$146K*—$1,110$81,250
Arrowsmith$214K+8.4%$1,430$98,438

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Martin buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Martin still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

Post to Martin

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in