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Rental Market Trends in Marshall, MN

What is the average rent in Marshall, MN?

$980/month

Average Rent

701 Sq Ft

Average Apartment Size

-7.8%

Decrease in the Last Year

As of January 2026, the average rent in Marshall, MN is $980 per month. This is 40% lower than the national average rent of $1,625/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 $831 per month for a studio, $980 for a one-bedroom apartment, and around $1,014 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,054 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$831/month
507 Sq Ft
One Bedroom
$980/month
701 Sq Ft
Two Bedroom
$1,014/month
901 Sq Ft
Three Bedroom
$1,054/month
1,098 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 decreased by 7.8%, which averages out to $76 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Marshall, MN
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Marshall, MN
Percentage*
Rent Range
33% Below $700/month
39% $700 - $1,000/month
22% $1,001 - $1,500/month
6% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Marshall is $980, you’ll want to make about $3,266 per month or $39,192 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

44 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

Stone Meadow Apartments

Stone Meadow Apartments

1010 Clarice Ave,
Marshall, MN 56258

$1,195 - $1,445 Plus Fees

1-2 Beds

Suite Liv'n - Marshall

Suite Liv'n - Marshall

400 Village Dr,
Marshall, MN 56258

$775 - $1,350 Plus Fees

1-4 Beds | 12 Month Lease

Nexus Apartments

Nexus Apartments

231-235 Legion Field Rd,
Marshall, MN 56258

$1,495 Plus Fees

3 Beds

Block 100

Block 100

103 W Lyon St,
Marshall, MN 56258

$975 - $1,500 Plus Fees

1-2 Beds | 12 Month Lease

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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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity