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Rental Market Trends in Marshalltown, IA

Updated September 2026

The average rent in Marshalltown, IA is $667/month.

Rent in Marshalltown is 60% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$667/month

Average Rent

595 Sq Ft

Average Size

+4%

Change / Year

22

Available Apartments

Marshalltown rent varies by unit size and layout:

  • Studio apartments in Marshalltown average $670 per month.
  • One-bedroom apartments in Marshalltown average $667 per month.
  • Two-bedroom apartments in Marshalltown average $889 per month.
  • Three-bedroom apartments in Marshalltown average $1,268 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$670/month
425 Sq Ft
One Bedroom
$667/month
595 Sq Ft
Two Bedroom
$889/month
834 Sq Ft
Three Bedroom
$1,268/month
1,109 Sq Ft
View Marshalltown Apartments

How much has average rent changed in Marshalltown, IA?

In the past year, rent has increased by 4%, which averages out to $27 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Marshalltown, IA

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Marshalltown, IA
Percentage*
Rent Range
25% Below $700/month
67% $700 - $1,000/month
8% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Marshalltown, IA?

Because the average rent in Marshalltown is $667, you’ll want to make about $2,223 per month or $26,676 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

Marshalltown, IA

22 Available Apartments for Rent

Search for Nearby Apartments

How does Marshalltown, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Marshalltown, IA 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 Marshalltown Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Baxter

    Baxter

    Avg Rent: $493/month

Apartment Communities in Marshalltown We Think You'll Love

SUNDANCE MARSHALLTOWN APARTMENTS

SUNDANCE MARSHALLTOWN APARTMENTS

1407 S 7th Ave,
Marshalltown, IA 50158

2-3 Beds | $809 - $899

Park Place

Park Place

1010 Washington St,
Marshalltown, IA 50158

3 Beds | $1,210

Lincoln Tower Apartments

Lincoln Tower Apartments

1500 Lincoln Tower Cir,
Marshalltown, IA 50158

2 Beds | $1,550

Olive Terrace Apartments

Olive Terrace Apartments

1706 S 7th Ave,
Marshalltown, IA 50158

1-2 Beds | $820

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Frequently Asked Questions

What is the average rent in Marshalltown?

The average rent in Marshalltown is $667 per month, which is 59.9% lower than the national average of $1,665.

Are rents going up or down in Marshalltown?

Rents in Marshalltown, IA are increasing, with prices up 4.0% year-over-year and $27 more per month.

What rent range is most common in Marshalltown?

In Marshalltown, IA, 67% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Iowa Marshalltown 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 September 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity