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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 $204,050, lower than the Michigan average of $250,415.
The average cost of rent is $1,050/mo in Marshall, primarily driven by the current value of real estate in the Marshall area. In Marshall, 26.22% of households rent, and 37.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marshall is $6,986 per month. Households that rent pay about 15.03% 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
- Marengo, MI: higher priced homes
- Wrights Corners, MI: equally priced homes
- Urbandale, MI: higher priced homes
- Eckford, MI: equally priced homes
- Ceresco, MI: higher priced homes
- Clarendon, MI: less expensive homes
- Partello, MI: equally priced homes
- Albion, MI: less expensive homes
- Maplehurst, MI: equally priced homes
- Tekonsha, MI: less expensive homes
Cities with Similar Populations
- Brookhaven, PA: higher priced homes
- Westwood, MI: higher priced homes
- Westwood Lakes, FL: higher priced homes
- West Point, UT: higher priced homes
- Wapato, WA: higher priced homes
- Buzzards Bay, MA: higher priced homes
- Burnet, TX: higher priced homes
- Bryan, OH: less expensive homes
- Brownsville, TN: less expensive homes
- Brown Deer, WI: higher priced homes
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