Marshalltown

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Marshalltown, IA Area Guide

Avg Rent

$648

Population

27,438

Renter Mix

34% Rent

This Midwest town is all about variety

Charming Up-and-Coming Walkable Small Business

A historic downtown district, expansive parks, and a scenic river all give Marshalltown a unique identity in the landscape of Iowa. Less than an hour northeast of Des Moines, Marshalltown was described by the man who settled it as the prettiest place in Iowa.

Marshalltown’s downtown district gives you the ability to live in historic apartment buildings at much more affordable prices than the big city. Locally owned restaurants like Zeno’s and buzzing bars line Main St. and Center St. As you move out of the city center you’ll find intimate suburban communities offering historic homes and modern apartment complexes.

On the west side of Marshalltown lies Legion Memorial Park and Elmwood Country, providing golf players with plenty of holes to perfect their swing. Riverview Park lies north, and is a prime spot to bring your dog or have a picnic with a view of the Iowa River.

Demographics

Median Household Income

$59,730

Average: $73,679

Education

4,319

Residents Have a Degree

Job Market

13,037

Workers Employed

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

Median Age

38 Years

Largest Age Group

10-19 Years

Approximately 15% of Residents

Under 20

28%

Over 65

20%

Housing Distribution

Marshalltown has more homeowners than renters.

Renters
34%
Non-Renters
66%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
13%
Other Education
87%

Rent Trends

As of April 2026, the average apartment rent in Marshalltown, IA is $624 for a studio, $640 for one bedroom, $854 for two bedrooms, and $1,170 for three bedrooms. Apartment rent in Marshalltown has increased by 0.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$640/month
594 Sq Ft
See Rental Market Trends in Marshalltown, IA

Getting Around

Somewhat Walkable

Walkability

30 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Woodbury Elementary School

Public

Grades PK-5

366 Students

Franklin Elementary School

Public

Grades PK-5

361 Students

J C Hoglan Elementary School

Public

Grades PK-5

304 Students

Fisher Elementary School

Public

Grades PK-5

376 Students

Anson Elementary School

Public

Grades PK-5

275 Students

B R Miller Middle School

Public

Grades 6-8

782 Students

Marshalltown High School

Public

Grades 9-12

1,582 Students

Points of Interest

Top Apartments in Marshalltown

Houses for Rent in Marshalltown

Search Nearby Rentals

Nearby Neighborhood Rentals

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 February 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.