Home prices
The median home value in Martin Lake is $214,200. In comparison to its nearby areas it is approximately $24,560 (10%) lower.It is approximately $3,300 (1%) lower in comparison to the rest of the nation, and is approximately $37,400 (14%) lower compared to the city of Minneapolis.
Rents
The median monthly rent in Martin Lake is $654. It is about $447 (40%) lower in comparison to other places in this area.Compared to the entire country it is roughly $408 (38%) lower, and in comparison to the city of Minneapolis is roughly $373 (36%) lower.
Nearby places
Stacy
Stacy is roughly 3 miles east from Martin Lake. The real estate prices there are somewhat less expensive. The median home cost in Stacy is $163,400, which works out to $50,800 (31%) lower than Martin Lake. Its rents are substantially more expensive. Stacy's median monthly rent is $1,188, which comes out to $534 (44%) higher than Martin Lake.
East Bethel
East Bethel is about 5 miles west from Martin Lake. The housing prices there are a little more expensive. The median home in East Bethel costs $251,100, which works out to $36,900 (14%) higher than Martin Lake. Rents there are a lot more expensive. The median rent in East Bethel is $1,242 a month, which comes out to $588 (47%) higher than Martin Lake.
Wyoming
Wyoming is about 5 miles southeast from Martin Lake. The housing prices there are a little more expensive. The median home price in Wyoming is $242,600, which is $28,400 (11%) higher than Martin Lake. Rents there are significantly more expensive. The median rent in Wyoming is $1,096 per month, which works out to $442 (40%) higher than Martin Lake.
Columbus
Columbus is approximately 7 miles south of Martin Lake. Real estate prices there are a little more expensive. The price of the median home in Columbus is $275,300, which is $61,100 (22%) higher than Martin Lake. The rent there is somewhat more expensive. In Columbus the median monthly rent is $888, which works out to $234 (26%) higher than Martin Lake.
Chisago City
Chisago City is roughly 7 miles east from Martin Lake. Housing prices there are a bit more expensive. Chisago City's median home cost is $261,400, which is $47,200 (18%) higher than Martin Lake. The rent there is substantially more expensive. Chisago City's median rent is $1,091 a month, which is $437 (40%) higher than Martin Lake.