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housing costs · Virginia

Housing costs in Martinsville city

What it costs to live here: rent, home values and the share of income rent takes.

FIPS 51690SOURCE: Census ACSEvery figure source-linked

Cite: FACTANKER, https://factanker.com/us/va/martinsville-city/housing-costs

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$808± $32evidence →
2019–2023$784± $32evidence →
2018–2022$736± $34evidence →
2017–2021$685± $42evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$98,400± $27,859evidence →
2019–2023$92,500± $11,225evidence →
2018–2022$82,800± $9,106evidence →
2017–2021$77,600± $10,735evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202424.6 %± 4.3 %evidence →
2019–202326.6 %± 4.4 %evidence →
2018–202229.8 %± 6.0 %evidence →
2017–202126.9 %± 4.6 %evidence →

In context

Median rent in Martinsville city is $808, below the Virginia median of $1,059 across 133 counties (2020–2024).

American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.

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