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City Report · MI

Marshall

Pop. 6,804·71st most expensive in Michigan·One of the most affordable rental markets in the US
Median rent (all units)
$1,300/mo
Year-over-Year
Stable
Month-over-Month
+4.0%
vs US Median
-$665
Rising (Monthly)
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Most AffordableMost Expensive
Marshall · $1,300
More affordable than 88% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,300/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$52,000/yr
Local median income
$76,050/yr
Based on the 30%-of-income rule using Marshall's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$760
1 BR
$870
2 BR
$1,060
3 BR
$1,280
4 BR+
$1,450
Research median
$1,060/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$15,600/yr
At $1,300/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +4.0% MoM), not inventory.
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Demographics

Who lives here

Marshall, MI is majority owner-occupied, has a large retiree population, 42.1% of residents hold a bachelor's degree or higher.

Population
6,804
Median income
$76,050
Median age
46.5
Renters
33.6%
Age distribution
15.7%
22.5%
23.6%
14.6%
23.6%
Under 1815.7%
18–3422.5%
35–5423.6%
55–6414.6%
65+23.6%
Gender
45.5%
54.5%
Male45.5%
Female54.5%
Race & ethnicity
88.3%
White88.3%
Black0.6%
Hispanic5%
Asian1.2%
Other4.9%
Education (25+)
24.9%
29.1%
42.1%
No HS diploma3.9%
HS diploma24.9%
Some college29.1%
Bachelor's+42.1%
Housing tenure
66.4%
33.6%
Owner66.4%
Renter33.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Marshall, MI has changed in 5 years

Income
$63,438 → $76,050
up 19.9%
Population
6,832 → 6,804
down 0.4%
Renter share
34.8% → 33.6%
-1.2 pts
Bachelor's+
40.6% → 42.1%
+1.5 pts
Median age
45.4 → 46.5
+1.1 yrs

On the earnings side, the typical household in Marshall, MI now reports about $76,050, up from $63,438 in 2021.

Community

Discussions about Marshall

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View Marshall rent history (2015–2026) →
Salary vs rent

Can you afford rent in Marshall on your salary?

At $1,300/mo, how Marshall rent compares to typical pay (30% rule).

By apartment size

Marshall rent by bedroom count

Median rent for each apartment size in Marshall. Click any size for full breakdown.

Local insights

Tips for renters in Marshall

About renting in Marshall, MI

Last updated: June 22, 2026

The median rent in Marshall is $1,300/mo as of June 2026. A studio apartment averages $760/mo while a 2-bedroom runs $1,060/mo. One-bedroom apartments average $870/mo and 3-bedroom units go for $1,280/mo.

At 21% of local median household income ($76,050/yr), Marshall ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Marshall an affordable city for renters?

Marshall is considered very affordable for renters. At $1,300/mo, rent takes approximately 21% of the local median household income ($76,050/yr). The standard benchmark is 30%. Marshall falls comfortably within that range.

How much income do you need to rent in Marshall?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (~$25/hour full-time) to afford the median rent of $1,300/mo in Marshall. The local median household income is $76,050/yr, meaning the typical Marshall household meets that threshold.

Is rent going up or down in Marshall?

Rent in Marshall has been relatively stable over the past year, with a 0.0% change year over year as of June 2026.

How does Marshall rent compare to other cities in Michigan?

Marshall is one of the more affordable cities in Michigan for rent, ranking #71 out of 94 tracked cities at $1,300/mo.

Which nearby cities are cheaper to rent in than Marshall?

Several nearby cities have lower median rents than Marshall ($1,300/mo): Jackson ($1,140/mo), Battle Creek ($1,146/mo), Lansing ($1,230/mo).

What percentage of Marshall residents rent vs. own?

According to Census data, approximately 33.6% of Marshall households are renters, while 66.4% are owner-occupied. Marshall leans toward homeownership, which can mean a smaller rental inventory.

How does Marshall rent compare to the national average?

Marshall's median rent of $1,300/mo is $665 (34%) below the US national median of $1,965/mo. Within Michigan, it ranks #71 out of 94 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,300/mo, rent takes ~21% of Marshall's median household income ($76,050/yr). The standard benchmark is 30%.

Marshall 21%Benchmark 30%
State income tax4.25%
Run the Marshall affordability calculator →
Lowest-rent ZIP codes in Marshall
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Marshall, MI

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