Average Rent in Martin County, IN↑ Rents rising 7.5% YoY🔻 5th cheapest in IN

Martin County, IN has rental prices ranging from $652/month to $1,260/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $707/month — 49% below the national average of $1,400/month. With a median household income of $65,345/year, spending $707/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Martin County Compares

With an average 2-bedroom rent of $928/month, Martin County ranks #73 most expensive of the 77 cities tracked in Indiana — more affordable than 64% of all US cities in our data.

The Martin County Rental Market

The Martin County, IN area has a population of about 9,854 and 22% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Martin County, IN have risen by $65/month (7.5%) over the past year, from $863 to $928. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Martin County, IN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,280. The local median household income of $65,345 exceeds that threshold by $37,065, making Martin County relatively accessible compared to local wages.

Economy & Jobs

Martin County, IN has an unemployment rate of 2.9%, 1.0 percentage point below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Martin County, IN Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Martin County?

Break-even analysis and mortgage estimates based on local market data.

Living in Martin County

Cost of living, job market, crime rates, and moving cost estimates.