States › Texas › Marshall

Is Marshall, TX expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,08638% lower than U.S. average
💵 Families earn per year (2026)$59,413about $4,951/month · 32% lower than U.S. average
🔑 House price$141,40057% lower than U.S. average

Rent is lower than in 83% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.2 minutes.

How much money do I need?

To rent here comfortably, you should earn about $43,440 a year. That is $21 an hour at a full-time job.

Is rent cheaper than other Texas cities?

Yes. Rent here is cheaper than in most of Texas. It is number 88 of 426 cities from cheapest to most expensive.

Marshall
$1,086
$1,827
$2,518

How much do households earn in Marshall?

Under $25k
19.1%
$25k–50k
27.1%
$50k–100k
33.6%
$100k–150k
8.6%
$150k+
3.9%

Share of households by yearly income. 12.5% of households earn $100,000 or more.

Rent by apartment size in Marshall

SizeMarshallU.S. average
1 bedroom$795$1,324
2 bedrooms$1,042$1,509
3 bedrooms$1,184$1,698
4 bedrooms$104$2,098

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

How expensive is Marshall overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
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 Texas figure is shown.

Taxes and bills in Marshall

🏛️ Property tax$1,472a year · 1.04% of home value · U.S. $3,119
⚡ Electric bill$169a month (typical) · U.S. $156

Life in Marshall

Commute to work17.2 minU.S.: 26.4 min
College degree20%U.S.: 35.7%
Own their home59.8%U.S.: 65.2%
Below poverty line22.4%U.S.: 12.5%
Unemployment8.1%U.S.: 5.2%

Is it cheaper to rent or buy in Marshall?

Buying is cheaper month to month: about $105 a month less than renting.

Renting
$1,086
Owning
$981

Owning assumes a typical $141,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $14,140 for the down payment.

Frequently asked questions

What is the average rent in Marshall, TX?

Renting in Marshall costs a median of about $1,086 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $43,440 a year, or $21 an hour at a full-time job.

Is Marshall cheap or expensive?

Marshall is rated OK: rent takes 21.9% of the typical household income of $59,413. It ranks 88th cheapest of 426 Texas cities we track.

How much are property taxes in Marshall?

The median homeowner in Marshall pays $1,472 a year in property taxes, about 1.04% of the median home value.

Is Marshall more expensive than the national average?

Overall prices in Texas are 3% 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 $141,400, about 2.4 times the typical yearly household income.

23,825 people live in Marshall. Numbers are typical (middle) values.