Median Age
35 Years
Largest Age Group
20-29 Years
Approximately 15% of Residents
Under 20
28%
Over 65
17%
Avg Rent
$977
Population
14,157
Renter Mix
47% Rent
Marshall, Minnesota carries the energy of a college town without losing the soul of a close-knit prairie city. As the county seat of Lyon County and the regional hub of southwest Minnesota, it punches well above its weight, anchoring the surrounding area with employment, education, and culture. Southwest Minnesota State University draws thousands of students each year and remains one of the city's most defining institutions, shaping the atmosphere from the northeast side of town outward. Schwan's Company, headquartered here, adds a significant economic footprint that sets Marshall apart from similarly sized Midwestern cities.
Neighborhoods range from quiet residential streets near the university to more established areas closer to downtown, where historic storefronts line Main Street with a character that feels genuinely earned. The housing mix reflects that range, offering everything from traditional single-family rentals and townhomes to apartment communities that cater to a variety of lifestyles and budgets. Renters will find options spread across a compact, walkable footprint spanning roughly 11 square miles.
Marshall was platted in 1872 following the westward expansion of the railroad, and that pioneer spirit still runs through the city today. Life here moves at a deliberate pace, grounded in Midwestern practicality, with enough activity and community investment to make it feel like more than just a stopover on the Minnesota plains.
Median Household Income
$58,483
Average: $77,296
Education
3,304
Residents Have a Degree
Job Market
7,182
Workers Employed
Median Age
35 Years
Largest Age Group
20-29 Years
Approximately 15% of Residents
Under 20
28%
Over 65
17%
Housing Distribution
Marshall has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of July 2026, the average apartment rent in Marshall, MN is $894 for a studio, $977 for one bedroom, $1,033 for two bedrooms, and $1,093 for three bedrooms. Apartment rent in Marshall has increased by 1.0% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Marshall, MN is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
Public
Grades K-8
732 Students
Public
Grades K-5
527 Students
Public
Grades PK-5
407 Students
Public
Grades K-5
348 Students
Public
Grades K-12
Public
Grades K-8
732 Students
Public
Grades K-12
Public
Grades 9-12
886 Students
Marshall Area Technical & Educational Center
Public
Grades 9-12
74 Students
Public
Grades 9-12
9 Students
Public
Grades K-12
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.