Housing & Real Estate — Martin Lake, Minnesota

Overview

Total Housing Units541
Occupied490
Vacant51
Owner-Occupied334
Renter-Occupied156
Median Home Value (Census)$498,400
Estimated 2026~$559,000
Median Rent$1,589/mo
Median Property Tax$4,042/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income15.5%
Severely Rent-Burdened45.7%

Housing Age

Built 2010 or later0
Built 2000-2009164
Built 1990-199927
Built before 1960111
Median Year Built1989
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.