St. Martin: Housing & Real Estate
$172,400 is the median home value in St. Martin, with median rent $1,231 (1.2× higher than Jackson County median $1,001; 1.4× higher than Mississippi median $899). Homeownership rate: 53.9%. That's 1.1× higher than the Jackson County median ($161,700); 1.1× higher than the Mississippi median ($152,472). Market is warm. Vacancy rate 10.5%. New construction makes up 9.8% of stock. A municipal building code is in effect.
- 3.1× annual income — home value vs. household income (vs Mississippi 2.6×).
- 11.7 years to break even renting at the median (vs Mississippi 14y).
- 4-BR rent is 1.9× a studio — rent gradient by unit size.
- Median rent runs 15% above HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $172,400 — 1.1× the Mississippi median ($152,472). Median rent $1,231/month. homeownership rate 53.9% — below the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.1× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 22.7% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 49.8% |
| Affordability · Poverty Rate | 17.2% |
| Affordability · Property Tax Pct Income | 1.9% |
| Fair Market Rent · Studio rent | $929 |
| Fair Market Rent · One-bedroom rent | $951 |
| Fair Market Rent · Two-bedroom rent | $1,067 |
| Fair Market Rent · Three-bedroom rent | $1,448 |
| Fair Market Rent · Four-bedroom rent | $1,762 |
| Fair Market Rent · HUD FMR area | Pascagoula, MS HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $174,746 |
| Median Home Value | $172,400 (vs Mississippi $152,472) |
| Median Rent | $1,231 (vs Mississippi $899) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 10.5% |
| Housing Market · New construction (% of stock) | 9.8% |
| Housing Market · Price Appreciation 2Yr | 0.6% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 98.6% |
| Broadband · Broadband-capable premises | 4,025 |
| Electricity · Electricity rate (¢/kWh) | 13.39¢/kWh |
| Electricity · Customers | 1,340,459 |
| Electricity · Revenue Millions | $2,490 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
| Mobile Home Parks Detail · County total | 9 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 53.9% |
|---|---|
| Median Year Built | 1994 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12