CostBy County

Cost of Living in Marshall County, Minnesota

$690/mo
Median Monthly Rent
$164,500
Median Home Value

At a Glance

Median Monthly Rent
$690/mo
26% below state average
Median Home Value
$164,500
51% below national
Census GRAPI
24.3%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Marshall County Compares

Median monthly rent comparison

Marshall County$690/mo
Minnesota Average$938/mo
National Median$1,413/mo

Detailed Housing Stats

$690/mo
Median Gross Rent
$164,500
Median Home Value
$819/mo
Monthly Owner Cost
24.3%
Census GRAPI

National Ranking

Affordability Rank

Marshall County ranks #819 of 3,142 counties for affordability (top 26%)

Most AffordableLeast Affordable

Sourced county brief

Marshall County Median Gross Rent Estimated at $690 per Month

Marshall County's median gross rent is $690 per month, positioned $248 below the Minnesota unweighted county mean of $938. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 24.3%. This official metric is 3.0 percentage points lower than the state unweighted county mean of 27.3%. Median renter-household income in the county was reported at $36,111. For owner-occupied properties, the median home value was $164,500, and median selected monthly owner costs were $819. These housing costs are below the state unweighted county means of $238,336 for home value and $1,116 for monthly owner costs. All data is derived from the ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Marshall County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.3% of renter household income in Marshall County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $690 per month; median selected monthly owner costs are $819. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $27,600 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Minnesota unweighted mean of county median rents is $938 per month. Marshall County's $690 median is 26.4% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Marshall County

$

Rent Burden

11.4%

of gross income

Max Housing (28% Rule)

$1,693

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Marshall County

Median home value is $164,500. Estimated monthly cost: $1,313 vs. your max of $1,693.

Rent Affordability Guide

Your entered rent as a share of entered income11.4%
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: $72,543Needed: $27,600
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,543Needed: $35,100
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $72,543Needed: $38,284

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, Minnesota?
Marshall County, Minnesota has a median monthly rent of $690/mo and a median home value of $164,500. The affordability rating is Affordable, with median gross rent equal to approximately 24.3% of renter household income.
What is the median rent in Marshall County?
The median gross rent in Marshall County is $690/mo. This is 26% below state average for Minnesota.
Is Marshall County affordable?
Marshall County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.3%. Median gross rent is under 30% of renter household income.
How does Marshall County's rent compare to the state average?
Marshall County's median rent of $690/mo is 26% below state average of $938/mo for Minnesota.
What is the median home value in Marshall County?
The median home value in Marshall County, Minnesota is $164,500. This is 51% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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