Cost of Living in Marshall County, Alabama

$765/mo
Median Monthly Rent
$183,400
Median Home Value

At a Glance

Median Monthly Rent
$765/mo
4% below state average
Median Home Value
$183,400
35% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Marshall County Compares

Median monthly rent comparison

Marshall County$765/mo
Alabama Average$799/mo
National Median$1,163/mo

Detailed Housing Stats

$765/mo
Median Gross Rent
$183,400
Median Home Value
$792/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Marshall County ranks #1,111 of 3,144 counties for affordability (top 35%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Marshall County, Alabama

Marshall County maintains balance

Marshall County's 15.1% rent-to-income ratio sits well below both the national average (18.0%) and Alabama's state average, reflecting solid affordability. With median household income of $60,946 and $765 monthly rent, the county offers balanced economics.

Above-average Alabama affordability

Marshall County ranks in Alabama's upper tier for housing affordability, with renters spending significantly less of their income on housing than the state average. The 15.1% rent-to-income ratio positions the county as an attractive regional option.

Solid middle ground regionally

Marshall County's $765 rent falls between lower-cost Marion/Marengo counties and pricier Lee/Madison options, while income levels rank mid-tier among peers. This positioning makes Marshall a balanced choice for relocators seeking equilibrium between cost and earnings.

Balanced renting and owning costs

Renters spend $765 monthly while homeowners pay $792 on a $60,946 income, consuming roughly 15% either way. The tight parity suggests healthy housing market competition and reasonable options for both rental and ownership seekers.

Marshall County: reliable middle path

Relocators seeking balanced affordability without extremes will find Marshall County appealing—moderate rents, solid incomes, and a healthy homeownership path. The county represents Alabama's dependable option for pragmatic movers valuing stability over bargain hunting.

Cost of Living Advisory: Marshall County

Affordability Verdict

Marshall County offers affordable rental housing at a median of $765/month — about 15.1% of the typical household income here.

Rent vs. Own

At $765/month rent versus $792/month in owner costs, renting is roughly $27/month cheaper — a 3% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,600/year. For owner costs at the 28% rule, the required income is roughly $33,943/year. With a median household income of $60,946, most households can comfortably afford rent here. Notably, 27.0% of renter households in Marshall County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Alabama, Marshall County is more affordable than Escambia County by roughly 8% ($765/mo vs $709/mo).

Affordability Calculator

See how your income compares to housing costs in Marshall County

$

Rent Burden

15.1%

of gross income

Max Housing (28% Rule)

$1,422

per month

Owner Cost Burden

15.6%

of gross income

The median home in Marshall County may be a stretch

Median home value is $183,400. Estimated monthly cost: $1,464 vs. your max of $1,422.

Rent Affordability Guide

Your rent-to-income ratio15.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,946Needed: $30,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,946Needed: $33,943
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,946Needed: $42,682

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Marshall County, Alabama?
Marshall County, Alabama has a median monthly rent of $765/mo and a median home value of $183,400. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Marshall County?
The median gross rent in Marshall County is $765/mo. This is 4% below state average for Alabama.
Is Marshall County affordable?
Marshall County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Marshall County's rent compare to the state average?
Marshall County's median rent of $765/mo is 4% below state average of $799/mo for Alabama.
What is the median home value in Marshall County?
The median home value in Marshall County, Alabama is $183,400. This is 35% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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