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Martin Lake, MN
Full City Profile · Minnesota · Anoka County County
3.2
/5.0
B
Good
1,203
Population
872/sq mi density
$120,705
Median Income
$47,866 per capita
$426,100
Home Value
$403,129 Zillow
$1,589
Median Rent
18.4% income on rent
45°F
Avg Temperature
270 sunny days/yr
181
Violent Crime/100K
1,189 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$120,705 median income, 0.8% unemployment
A+
Affordability
4.7 / 5.0
$426,100 home value, $1,589/mo rent
F
Safety
1.0 / 5.0
181 violent crimes/100K
D
Education
2.0 / 5.0
12.4% bachelor's degree or higher
Housing Overview
Median Home Value
$426,100
51% above
US avg: $281,900
Median Rent
$1,589/mo
37% above
US avg: $1,163/mo
Homeownership Rate
68.2%
4% above US avg (65.4%)
Total Housing Units
450
Median year built: 1989
Home Value by Source
Census Median
$426,100
Zillow (ZHVI)
$403,129
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.2%
Owner-Occupied
31.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,589/mo
Affordability & Housing Stock
Rent Burden
18.4%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
68.2%
Complete Housing Data
Home Values
| Census Median Value | $426,100 |
| Zillow Home Value (ZHVI) | $403,129 |
Rent
| Census Median Rent | $1,589 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 68.2% |
| Renter-Occupied | 31.8% |
| Homeownership Rate | 68.2% |
| Total Housing Units | 450 |
| Median Year Built | 1989 |
| Rent Burden | 18.4% |