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Rental Market Trends in Marshall, MN

What is the average rent in Marshall, MN?

$887/month

Average Rent

691 Sq Ft

Average Apartment Size

+6.1%

Increase in the Last Year

As of May 2025, the average rent in Marshall, MN is $887 per month. This is 45% lower than the national average rent of $1,627/month, making renting in Marshall more affordable than most cities in the US. When you rent an apartment in Marshall, you can expect to pay about $779 per month for a studio, $887 for a one-bedroom apartment, and around $969 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $994 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$779/month
500 Sq Ft
One Bedroom
$887/month
691 Sq Ft
Two Bedroom
$969/month
898 Sq Ft
Three Bedroom
$994/month
1,096 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Marshall, MN?

In the past year, rent has increased by 6.1%, which averages out to $54 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Marshall, MN?

Because the average rent in Marshall is $887, you’ll want to make about $2,956 per month or $35,472 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.

City

Marshall, MN

43 Available Apartments for Rent

Search for Nearby Apartments

How does Marshall, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Marshall, MN 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.

Explore the Area Guide for Marshall, MN

Apartment Averages

Apartment communities in Marshall we think you'll love

Suite Liv'n - Marshall

Suite Liv'n - Marshall

400 Village Dr,
Marshall, MN 56258

1-4 Beds | $850 - $1,350

The Nexus

The Nexus

231-235 Legion Field Rd,
Marshall, MN 56258

Studio - 4 Beds | $795 - $1,695

Block 100

Block 100

103 W Lyon St,
Marshall, MN 56258

1-2 Beds | $1,100 - $1,500

Briarwood Estates

Briarwood Estates

1001 Pearl Ave,
Marshall, MN 56258

2-3 Beds | $850 - $1,300

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United States Minnesota Marshall Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity