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Marshall, MN Area Guide

Avg Rent

$977

Population

14,157

Renter Mix

47% Rent

Timeless Midwestern charm defines this secluded college town

Rural College Golf

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.

Demographics

Median Household Income

$58,483

Average: $77,296

Education

3,304

Residents Have a Degree

Job Market

7,182

Workers Employed

Age Distribution
Get a sense of this area's population profile.

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.

Renters
47%
Non-Renters
53%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
18%
Other Education
82%

Rent Trends

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.

Property Type
Average Rent
Average Sq Ft
Apartment
$977/month
699 Sq Ft
See Rental Market Trends in Marshall, MN

Learn More About Marshall

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

100 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Marshall Middle School

Public

Grades K-8

732 Students

Southview Elementary

Public

Grades K-5

527 Students

Park Side Elementary School

Public

Grades PK-5

407 Students

West Side Elementary School

Public

Grades K-5

348 Students

Marshall Esy

Public

Grades K-12

Marshall Middle School

Public

Grades K-8

732 Students

Marshall Esy

Public

Grades K-12

Marshall High School

Public

Grades 9-12

886 Students

Marshall Area Technical & Educational Center

Public

Grades 9-12

74 Students

Project Search-Avera Marshall

Public

Grades 9-12

9 Students

Marshall Esy

Public

Grades K-12

Points of Interest

Parks and Recreation

  • SMSU Planetarium
  • Camden State Park

Top Apartments in Marshall

Living in Marshall

History

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Marshall's heritage as a southwestern Minnesota railroad town still shapes its downtown streetscape today. The city's historic core features well-preserved late 19th and early 20th-century commercial buildings, many housing locally owned shops and restaurants.Marshall's original Carnegie library served the community for decades before being replaced by a new library building on the same site in 1967; today, the Lyon County Museum and other local institutions help preserve the story of that earlier chapter. Throughout the downtown area, original storefronts and architectural details have been maintained, giving the business district a cohesive character that blends historic charm with current uses. The city celebrates its railroad heritage through preserved structures and historical markers, while several buildings have been adapted for contemporary purposes without losing their original character.

Transportation

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Marshall is a small city in southwestern Minnesota where most residents rely on personal vehicles to get around. US-59 and MN-23 are the primary routes through town, connecting Marshall to larger regional centers like Mankato and Sioux Falls, South Dakota. The city has a local public transit system through the Community Transit system, which offers fixed-route and dial-a-ride services. Sidewalks are available throughout many residential and commercial areas, though biking infrastructure is limited. The nearest commercial airport is Sioux Falls Regional Airport, roughly 90 miles southwest of the city.

Parks

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Marshall offers a variety of outdoor spaces for residents to enjoy throughout the year. City parks like Liberty Park and Legion Field Park provide open green space, playgrounds, and areas for outdoor activities. Camden State Park, located just a short drive south of the city, features wooded bluffs, swimming, camping, hiking trails, and access to the Redwood River, making it a popular destination for outdoor recreation.

Highlights

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Marshall, Minnesota is a regional hub in the southwest corner of the state, home to Southwest Minnesota State University and a thriving agricultural economy anchored by Schwan's Company. Situated along the Redwood River, the city offers outdoor recreation, a lively arts scene, and a welcoming downtown, making it one of the most well-rounded small cities on the prairie.

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Methodology

† 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.