2-Bedroom Apartment Rent in Marshalltown, IA
Median asking rent for a 2-bedroom apartment in Marshalltown, Iowa as of July 2026. That's +2% higher than the citywide median of $930 and +43% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Marshalltown
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Marshalltown
Compare Marshalltown's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Iowa
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Fort Dodge | $880 |
| 2 | Newton | $920 |
| 3 | Boone | $940 |
| 4 | Knoxville | $940 |
| 5 | Marion | $940 |
| 6 | Marshalltown (this page) | $950 |
| 7 | Waterloo | $970 |
| 8 | Dubuque | $980 |
| 9 | Davenport | $1,014 |
| 10 | Cedar Rapids | $1,038 |
| 11 | Indianola | $1,060 |
| 12 | Coralville | $1,070 |
| 13 | Sioux City | $1,080 |
| 14 | Burlington | $1,090 |
| 15 | Council Bluffs | $1,100 |
Most expensive cities for a 2-bedroom in Iowa
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Ankeny | $1,445 |
| 2 | Johnston | $1,410 |
| 3 | Waukee | $1,390 |
| 4 | Urbandale | $1,330 |
| 5 | West Des Moines | $1,325 |
| 6 | Altoona | $1,290 |
| 7 | North Liberty | $1,280 |
| 8 | Pleasant Hill | $1,270 |
| 9 | Norwalk | $1,260 |
| 10 | Bettendorf | $1,210 |
| 11 | Tiffin | $1,180 |
| 12 | Grimes | $1,180 |
| 13 | Iowa City | $1,160 |
| 14 | Des Moines | $1,158 |
| 15 | Ames | $1,130 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 2-bedroom rents than Marshalltown.
| City | Distance | 2-Bedroom rent | vs Marshalltown |
|---|---|---|---|
| Newton, IA | 25.1 mi | $920 | $-30 (-3%) |
| Pella, IA | 43.4 mi | $1,110 | +$160 (+17%) |
| Cedar Falls, IA | 43.9 mi | $1,120 | +$170 (+18%) |
| Altoona, IA | 47.6 mi | $1,290 | +$340 (+36%) |
| Waterloo, IA | 50.1 mi | $970 | +$20 (+2%) |
| Ames, IA | 51.1 mi | $1,130 | +$180 (+19%) |
| Pleasant Hill, IA | 51.6 mi | $1,270 | +$320 (+34%) |
| Ankeny, IA | 53.1 mi | $1,445 | +$495 (+52%) |
| Knoxville, IA | 53.6 mi | $940 | $-10 (-1%) |
| Des Moines, IA | 59.7 mi | $1,158 | +$208 (+22%) |
| Johnston, IA | 61.4 mi | $1,410 | +$460 (+48%) |
| Urbandale, IA | 66.2 mi | $1,330 | +$380 (+40%) |
2-Bedroom rent in Marshalltown — common questions
How much is a 2-bedroom apartment in Marshalltown?
As of July 2026, the median 2-bedroom apartment rent in Marshalltown, Iowa is $950 per month. This is +2% higher than the citywide median of $930.
What income do you need to afford a 2-bedroom in Marshalltown?
Using the standard 30% rent-to-income rule, you would need an annual income of about $38,000 ($3,167/month gross), which works out to roughly $18.27/hour at a full-time job.
Is Marshalltown expensive for a 2-bedroom compared to the rest of the US?
Marshalltown's 2-bedroom median of $950 is +43% below the national 2-bedroom median of $1,655. It ranks in the 3th percentile of US cities tracked.
How does Marshalltown rank for 2-bedroom rent in Iowa?
Among the 32 cities in Iowa with 2-bedroom data, Marshalltown ranks #6 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Marshalltown?
Yes — nearby cities with cheaper 2-bedroom rents include Newton ($920), Knoxville ($940).