Waldon Pond Townhomes
1257 Arms St,
Marshall, MI 49068
2 Beds | $1,050 - $1,695
Rental Market Trends in Marshall, MI
Updated August 2026
The average rent in Marshall, MI is $1,036/month.
Rent in Marshall is 38% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,036/month
Average Rent
736 Sq Ft
Average Size
+2.8%
Change / Year
20
Available Apartments
Marshall rent varies by unit size and layout:
- Studio apartments in Marshall average $836 per month.
- One-bedroom apartments in Marshall average $1,036 per month.
- Two-bedroom apartments in Marshall average $1,126 per month.
- Three-bedroom apartments in Marshall average $1,283 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Marshall, MI?
In the past year, rent has increased by 2.8%, which averages out to $29 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Marshall, MI
August 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
17%
$700 - $1,000/month
83%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Marshall?
Based on current rent prices, Marshall/Albion is the most affordable neighborhood in Marshall.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Marshall?
Based on current rent prices, Marshall/Albion is the most expensive neighborhood in Marshall.
Neighborhood
Average Rent
Average Sq Ft
Which Marshall neighborhoods have the most rentals available?
The neighborhood in Marshall with the most apartments available is Marshall/Albion .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Marshall, MI?
Because the average rent in Marshall is $1,036, you’ll want to make about $3,453 per month or $41,436 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Marshall, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Marshall, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Marshall Area GuideStudio
$805/month
$805/month
One Bedroom
$1,007/month
$1,007/month
Two Bedroom
$1,115/month
$1,115/month
Three Bedroom
$1,283/month
$1,283/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Marshall We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Marshall?
The average rent in Marshall is $1,036 per month, which is 37.7% lower than the national average of $1,664.
Are rents going up or down in Marshall?
Rents in Marshall, MI are increasing, with prices up 2.8% year-over-year and $29 more per month.
What rent range is most common in Marshall?
In Marshall, MI, 83% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.
* Percentages may not total 100 due to rounding.