CostBy County

Cost of Living in Marshall County, Mississippi

$868/mo
Median Monthly Rent
$167,900
Median Home Value

At a Glance

Median Monthly Rent
$868/mo
8% above state average
Median Home Value
$167,900
50% below national
Census GRAPI
34.8%
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
Stretched
Median gross rent is 30–50% 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$868/mo
Mississippi Average$805/mo
National Median$1,413/mo

Detailed Housing Stats

$868/mo
Median Gross Rent
$167,900
Median Home Value
$947/mo
Monthly Owner Cost
34.8%
Census GRAPI

National Ranking

Affordability Rank

Marshall County ranks #1,796 of 3,142 counties for affordability (bottom 43%)

Most AffordableLeast Affordable

Sourced county brief

Marshall County Official GRAPI Estimate Reaches 34.8 Percent

The official Gross Rent as a Percentage of Household Income (GRAPI) for Marshall County was estimated at 34.8% in the ACS 2020-2024 5-Year Estimates. This figure is 5.3 percentage points higher than the Mississippi unweighted county mean of 29.5%. Median gross rent for the county was $868 per month, which exceeds the state unweighted county mean of $805. For homeowners, the median home value stood at $167,900, higher than the state unweighted county mean of $135,817. Median selected monthly owner costs for all owner-occupied units were $947, compared to the state unweighted county mean of $676. Renter-household income was recorded at a median of $33,722. These metrics describe housing cost conditions for both renters and owners during the survey period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Marshall County

Affordability Verdict

ACS B25071 estimates median gross rent at 34.8% of renter household income in Marshall County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $868 per month; median selected monthly owner costs are $947. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $34,720 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 Mississippi unweighted mean of county median rents is $805 per month. Marshall County's $868 median is 7.8% above 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

19.5%

of gross income

Max Housing (28% Rule)

$1,247

per month

Owner Cost Burden

21.3%

of gross income

The median home in Marshall County may be a stretch

Median home value is $167,900. Estimated monthly cost: $1,340 vs. your max of $1,247.

Rent Affordability Guide

Your entered rent as a share of entered income19.5%
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: $53,458Needed: $34,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,458Needed: $40,586
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $53,458Needed: $39,075

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, Mississippi?
Marshall County, Mississippi has a median monthly rent of $868/mo and a median home value of $167,900. The affordability rating is Stretched, with median gross rent equal to approximately 34.8% of renter household income.
What is the median rent in Marshall County?
The median gross rent in Marshall County is $868/mo. This is 8% above state average for Mississippi.
Is Marshall County affordable?
Marshall County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 34.8%. Median gross rent is 30–50% of renter household income.
How does Marshall County's rent compare to the state average?
Marshall County's median rent of $868/mo is 8% above state average of $805/mo for Mississippi.
What is the median home value in Marshall County?
The median home value in Marshall County, Mississippi is $167,900. This is 50% 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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