Housing in Martin County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Martin County averages $697/month for a 2‑bedroom in 2024, compared to the Indiana median of $1,062 and the national median of $1,413. Local renters spend approximately 22% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Martin County FMR Area are $685 for a studio, $729 for 1‑bedroom, $956 for 2‑bedroom, $1,146 for 3‑bedroom, and $1,287 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $259 increase for a 2-bedroom in Martin County shows a 37% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Martin County was 3.4% in 2024, compared to Indiana at 4.2% and the national rate of 4.0%.

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Towns near Shoals

City
County
State
Miles
Knox
IN
0.0
Knox
IN
7.1
Knox
IN
9.4
Knox
IN
11.0
Knox
IN
11.3
Knox
IN
11.7
Knox
IN
12.6
Knox
IN
12.6
Knox
IN
14.3
Knox
IN
16.8
Knox
IN
16.8
Daviess
IN
18.3
Daviess
IN
20.7
Knox
IN
21.9
Daviess
IN
22.6
Daviess
IN
25.0
Daviess
IN
26.9
Greene
IN
30.1
Daviess
IN
30.5
Greene
IN
31.5
Greene
IN
32.0
Martin
IN
32.2
Greene
IN
35.2
Martin
IN
36.2
Greene
IN
38.2
Martin
IN
39.6
Greene
IN
41.5
Greene
IN
42.4
Greene
IN
43.3
Greene
IN
51.7

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Shoals, IN

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