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RE Intelligence

Rental numbers for Martin County, FL

The typical home here runs -$1,370 a month at 7.78% with 25% down, breaking even at about 0.8%. 1 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.5%.

Gross yield
6.1%
typical home, Zillow
Median ZIP yield
6.5%
7 ZIPs with full data
Cash flow
-$1,370/mo
at 7.78%, 25% down
Typical price
$448,000
Zillow ZHVI, Aug 2026
Typical rent
$2,270/mo
Zillow ZORI, Aug 2026

ZIP codes in Martin County

8 with published figures

34994Stuart$236,000$2,20511.2%6.8%+$56+3.1%
34996Stuart$426,000$2,6957.6%4.1%-$835n/a
34957Jensen Beach$419,000$2,5607.3%3.8%-$936+4.2%
33469Tequesta$720,000$3,9266.5%3.5%-$1,791+12.7%
34997Stuart$429,000$2,1005.9%2.6%-$1,390+3.2%
34956Indiantown$319,000$1,470*5.5%1.9%-$1,202n/a
33455Hobe Sound$524,000$2,3535.4%2.3%-$1,802+3.5%
34990Palm City$612,000$2,7035.3%2.3%-$2,136+6.0%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
-0.4%
Rent, 12 months
+2.9%
Rent minus price growth
+3.3 pts
Property tax
0.77%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$370,329$1,791
Aug 2022$470,864$2,055
Aug 2023$478,168$2,144
Aug 2024$477,952$2,153
Aug 2025$449,924$2,205
Aug 2026$448,218$2,270

HUD Fair Market Rent

FY2027, Port St. Lucie, FL MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,707$1,718$2,069$2,801$2,924

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
14.2
961 units, last 12 months
National percentile
81th
among US counties

Tools

Test a listing in Martin County against today's rate.

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Part of the Port St. Lucie, FL metro.

Questions

Is Martin County good for rental property?
The typical home here runs -$1,370 a month at 7.78% with 25% down, breaking even at about 0.8%. 1 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.5%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Martin County?
About 0.77% of value, from Census ACS median taxes paid over median home value. On a $448,000 home that is about $3,447 a year.
What is Fair Market Rent in Martin County?
HUD's FY2027 Fair Market Rent here is $1,718 for a 1-bedroom, $2,069 for a 2-bedroom and $2,801 for a 3-bedroom. Typical cash flow at today's rate is -$1,370 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.