Rentometer, Inc. | Data as of 10/22/2025
Marshall, Minnesota offers a welcoming small‑city atmosphere with a diverse rental market that appeals to professionals, families, and retirees alike. The city’s historic downtown, dotted with boutique shops, local eateries, and the scenic Minnesota River, creates a vibrant backdrop for renters seeking both convenience and community. Close proximity to educational institutions such as Southwest Minnesota State University and the popular LeMarq Park & Recreation Area makes Marshall an attractive option for students and outdoor enthusiasts alike.
Apartment living dominates the local rental landscape, providing a range of floor plans that suit various lifestyle needs. One‑bedroom units typically fall in the $1,180 range, while two‑bedroom apartments are often found near $1,000, offering affordable space for couples or small families. Larger three‑ and four‑plus bedroom apartments command higher rates, reflecting the broader square footage and additional amenities that appeal to growing households. Many properties feature modern updates, on‑site laundry, and easy access to major thoroughfares like US‑59 and MN‑23, facilitating convenient commutes to surrounding towns and regional employment centers.
Beyond its housing options, Marshall boasts a rich cultural scene highlighted by the historic Roxy Theatre, annual community festivals, and a thriving arts district. Residents enjoy a blend of suburban tranquility and urban amenities, making the city a compelling choice for those looking to settle in a friendly Midwestern community with a stable and evolving rental market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,181 | $1,195 | $850 - $1,500 | $850 - $1,500 |
| Apartment | 2 Bedroom | $1,000 | $990 | $625 - $1,395 | $850 - $1,150 |
| Apartment | 3 Bedroom | $1,355 | $1,347 | $1,150 - $1,575 | $1,300 - $1,575 |
| Apartment | 4+ Bedroom | $1,546 | $1,595 | $1,350 - $1,695 | $1,350 - $1,695 |
In the current period, the average rent in Marshall was
$1,182 for 1 Bedroom,
$1,000 for 2 Bedroom,
$1,355 for 3 Bedroom, and
$1,547 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.