salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 10.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $32,440 a year. That is $16 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
Yes. Rent here is cheaper than in most of Minnesota. It is number 5 of 150 cities from cheapest to most expensive.
How much do households earn in Marshall?
Share of households by yearly income. 22.1% of households earn $100,000 or more.
Rent by apartment size in Marshall
| Size | Marshall | U.S. average |
|---|---|---|
| Studio | $627 | $1,338 |
| 1 bedroom | $625 | $1,324 |
| 2 bedrooms | $834 | $1,509 |
| 3 bedrooms | $1,117 | $1,698 |
| 4 bedrooms | $1,486 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Marshall overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Marshall, so the Minnesota figure is shown.
Taxes and bills in Marshall
Life in Marshall
Is it cheaper to rent or buy in Marshall?
Renting is cheaper right now: about $648 a month less.
Owning assumes a typical $210,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,030 for the down payment.
Frequently asked questions
What is the average rent in Marshall, MN?
Renting in Marshall costs a median of about $811 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Marshall?
To keep rent under 30% of income, you need about $32,440 a year, or $16 an hour at a full-time job.
Is Marshall cheap or expensive?
Marshall is rated Cheap: rent takes 13.2% of the typical household income of $73,948. It ranks 5th cheapest of 150 Minnesota cities we track.
How much are property taxes in Marshall?
The median homeowner in Marshall pays $2,417 a year in property taxes, about 1.15% of the median home value.
Is Marshall more expensive than the national average?
Overall prices in Minnesota are 1% 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 $210,300, about 2.8 times the typical yearly household income.
13,896 people live in Marshall. Numbers are typical (middle) values.