Cost of Living in Marshall County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Marshall County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Marshall County ranks #91 of 3,144 counties for affordability (top 3%)
Data Story
About Cost of Living in Marshall County, Minnesota
Marshall County offers solid national value
Marshall County renters spend just 12.3% of income on housing, beating the national average of 14.5% by a meaningful margin. With a median household income of $71,701—close to the national median of $74,755—this county delivers genuine affordability.
Well above Minnesota's affordability curve
Marshall County's 12.3% rent-to-income ratio sits comfortably below Minnesota's state average of 14.5%, ranking it among the state's more affordable counties. The median rent of $737 is $178 below the state median of $915, offering clear savings for renters.
Marshall County competes regionally
At $737 monthly rent, Marshall County sits squarely between Lincoln County ($688) and Lyon County ($742), offering competitive pricing for the region. The median home value of $153,300 aligns with regional peers, making it accessible for homebuyers seeking rural Minnesota.
Lean housing costs leave breathing room
Renters allocate $737 monthly and homeowners pay $791 against a median household income of $71,701, consuming 12.3% and 13.2% of income respectively. Both figures sit well below stress thresholds, freeing up household resources for other priorities.
Marshall County rewards practical relocators
If you're seeking a balanced combination of low housing costs and decent income potential, Marshall County delivers on both fronts. Compare this county's affordability profile to neighboring communities to confirm it fits your relocation goals.
Cost of Living Advisory: Marshall County
Affordability Verdict
For renters in Marshall County, the market is affordable. Expect to pay around $737/month in gross rent, with 24.0% of renter households considered cost-burdened.
Rent vs. Own
At $737/month rent versus $791/month in owner costs, renting is roughly $54/month cheaper — a 7% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,480/year. For owner costs at the 28% rule, the required income is roughly $33,900/year. With a median household income of $71,701, most households can comfortably afford rent here. Notably, 24.0% of renter households in Marshall County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Mahnomen County where rent averages $685/month, Marshall County is approximately 8% more expensive.
Affordability Calculator
See how your income compares to housing costs in Marshall County
Rent Burden
12.3%
of gross income
Max Housing (28% Rule)
$1,673
per month
Owner Cost Burden
13.2%
of gross income
You can likely afford the median home in Marshall County
Median home value is $153,300. Estimated monthly cost: $1,224 vs. your max of $1,673.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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