Martinsville, KY

Rent in Martinsville

Median Gross Rent

$903

Rent-to-Income Ratio

20.1%

Renter Share

47.5%

Median Renter Income

$53,627

Avg Household Size

2.9

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $779
2 Bedrooms: $811
3 Bedrooms: $976

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 68.4%
$1,000-$1,500: 22.6%
$1,500-$2,000: 3.3%
$2,000-$2,500: 5.7%
$2,500+: 0.0%
No Cash Rent: 0.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 48.3%
20-30% (moderate): 30.1%
30-50% (cost-burdened): 16.1%
50%+ (severely cost-burdened): 2.8%
Not Computed: 2.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $78,510
Renter Households: $53,627

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 94.3%
$1,000-$1,500: 0.0%
$1,500-$2,000: 1.7%
$2,000-$2,500: 4.0%
$2,500+: 0.0%
No Cash Rent: 0.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources