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Affordable
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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 $162,837, lower than the Indiana average of $232,932.
The average cost of rent is $871/mo in Marshall, primarily driven by the current value of real estate in the Marshall area. In Marshall, 12.89% of households rent, and 48.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marshall is $6,802 per month. Households that rent pay about 12.81% of their income on rent here. Marshall’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Guion, IN: higher priced homes
- Bloomingdale, IN: less expensive homes
- Sylvania, IN: higher priced homes
- Nyesville, IN: higher priced homes
- Waveland, IN: equally priced homes
- Bellmore, IN: less expensive homes
- Coloma, IN: equally priced homes
- Rockville, IN: higher priced homes
- Milligan, IN: higher priced homes
- West Union, IN: less expensive homes
Cities with Similar Populations
- Nockenut, TX: higher priced homes
- Millheim, PA: higher priced homes
- Moodys, OK: equally priced homes
- Moores Crossroads, SC: equally priced homes
- Moscow, IA: higher priced homes
- Mount Sherman, KY: equally priced homes
- Mousie, KY: less expensive homes
- Mulberry, KS: less expensive homes
- Nabob, WI: higher priced homes
- Neeley, ID: higher priced homes
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