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These days, finding an affordable place to live in the Marshall area can be challenging. Home prices in Marshall are now at a median cost of $119,221, lower than the Arkansas average of $207,061.
The average cost of rent is $616/mo in Marshall, primarily driven by the current value of real estate in the Marshall area. In Marshall, 27.39% of households rent, and 60.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marshall is $3,386 per month. Households that rent pay about 18.21% of their income on rent here. Marshall’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Zack, AR: equally priced homes
- Morning Star, AR: equally priced homes
- Canaan, AR: higher priced homes
- Leslie, AR: higher priced homes
- Dongola, AR: equally priced homes
- Elberta, AR: equally priced homes
- Gilbert, AR: equally priced homes
- Rumley, AR: higher priced homes
- Bear Creek, AR: higher priced homes
- Harriet, AR: equally priced homes
Cities with Similar Populations
- Arlington, MN: higher priced homes
- Baraga, MI: higher priced homes
- Bethel, NC: higher priced homes
- Brimfield, IL: higher priced homes
- Bruce, MS: less expensive homes
- Hughes Springs, TX: higher priced homes
- Iola, WI: higher priced homes
- Indian Hills, KY: higher priced homes
- Adams, WI: higher priced homes
- Mayfield, NY: higher priced homes
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