States › Michigan › Marshall

Is Marshall, MI expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$96045% lower than U.S. average
💵 Families earn per year (2026)$82,020about $6,835/month · 6% lower than U.S. average
🔑 House price$173,50048% lower than U.S. average

Rent is lower than in 90% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $38,400 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

Yes. Rent here is cheaper than in most of Michigan. It is number 29 of 179 cities from cheapest to most expensive.

Marshall
$960
Bridgeport
$795
Eastwood
$1,255
South Monroe
$1,295
River Rouge
$928
Milford
$1,297
New Haven
$1,402

How much do households earn in Marshall?

Under $25k
10.9%
$25k–50k
26.3%
$50k–100k
34.1%
$100k–150k
19.3%
$150k+
8.4%

Share of households by yearly income. 27.7% of households earn $100,000 or more.

Rent by apartment size in Marshall

SizeMarshallU.S. average
1 bedroom$899$1,324
2 bedrooms$1,385$1,509
3 bedrooms$1,141$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Marshall overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Marshall, so the Michigan figure is shown.

Taxes and bills in Marshall

🏛️ Property tax$3,351a year · 1.93% of home value · U.S. $3,119
⚡ Electric bill$131a month (typical) · U.S. $156

Life in Marshall

Commute to work20.8 minU.S.: 26.4 min
College degree42.1%U.S.: 35.7%
Own their home66.4%U.S.: 65.2%
Below poverty line5.7%U.S.: 12.5%
Unemployment6.9%U.S.: 5.2%

Is it cheaper to rent or buy in Marshall?

Renting is cheaper right now: about $244 a month less.

Renting
$960
Owning
$1,204

Owning assumes a typical $173,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,350 for the down payment.

Frequently asked questions

What is the average rent in Marshall, MI?

Renting in Marshall costs a median of about $960 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Marshall?

To keep rent under 30% of income, you need about $38,400 a year, or $18 an hour at a full-time job.

Is Marshall cheap or expensive?

Marshall is rated Cheap: rent takes 14.0% of the typical household income of $82,020. It ranks 29th cheapest of 179 Michigan cities we track.

How much are property taxes in Marshall?

The median homeowner in Marshall pays $3,351 a year in property taxes, about 1.93% of the median home value.

Is Marshall more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Marshall?

The median home value in Marshall is $173,500, about 2.1 times the typical yearly household income.

6,804 people live in Marshall. Numbers are typical (middle) values.