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Studio Apartments for Rent in Marshall, MN

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  • /10

    Starting at $995 Plus Fees

    • Studio - 2 Beds

    1010 Clarice Ave, Marshall, MN 56258

    Our studio, one-bedroom, and two-bedroom homes feature open-concept layouts and modern finishes designed for everyday living. Residents enjoy access to a well-equipped fitness room, a spacious community lounge, cozy library, and modern laundry facilities. With secure entrances, surveillance cameras, and elevator access, peace of mind is part of the package. Step outside to your private deck or

    Stone Meadow Apartments

    (218) 322-0557

    1010 Clarice Ave, Marshall, MN 56258
  • /35

    Starting at $895 Plus Fees

    • Studio - 3 Beds

    231-235 Legion Field Rd, Marshall, MN 56258

    Find Your Perfect Home at the Nexus Apartments – Modern Living with Exceptional Comfort!Welcome to the Nexus Apartments, where contemporary design meets everyday convenience in Marshall. Whether you're looking for a spacious 1, 2, 3 or 4-bedroom home, our modern apartments are designed to elevate your lifestyle.Each Apartment Features:- Pet friendly & smoke free - Sleek

    Nexus Apartments

    (218) 332-3598

    231-235 Legion Field Rd, Marshall, MN 56258

Why Live in Marshall

Marshall, Minnesota, located 145 miles west of Minneapolis, is a small city with a population of approximately 14,000. Known as a regional center for employment, education, and healthcare in Southwest Minnesota, Marshall's largest employers include Schwan’s Company, U.S. Bank’s small-cap leasing division, agricultural processing facilities, and Avera health care system. The city features a variety of home styles, including colonial revivals and ranch-style homes, with a median home price around $225,000. The Marshall Public School District serves over 2,700 students with a high rating, and Southwest Minnesota State University offers more than 60 majors. Marshall boasts 13 parks and athletic complexes, a dog park, and an outdoor aquatic center, covering over 150 acres with amenities like walking trails, picnic shelters, playgrounds, and fishing ponds. The city is surrounded by nature preserves such as Rolling Hills Wildlife Management Area and Good Medicine Wildlife Management Area. Downtown Marshall offers local shops, pubs, and dining options, along with attractions like the Lyon County Museum and Marshall Area Fine Arts Council. The Red Baron Arena hosts numerous hockey tournaments, contributing to the city's vibrant community events. While the closest interstate is 50 miles away and the nearest major airport is 145 miles east in Minneapolis, Marshall has a small airfield for private and charter flights. Crime rates are lower than the national average, and the city enjoys better air quality than most other cities in the state. Summers are warm, but winters are cold and snowy, lasting nearly six months with around 20 inches of snow annually.

Frequently Asked Questions

How much does it cost to rent a home in Marshall, MN?
The median rent for a home in Marshall, MN is $950 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Marshall, MN?
To comfortably afford the median rent in Marshall, MN, a household needs to earn roughly $38,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $950 per month in Marshall, MN, renters typically need to show $2,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Marshall, MN?
In Marshall, MN, the price-to-rent ratio is 20.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Marshall, MN

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$950
Median Single Family Home Rent
$1,025
Median Condo Rent
$950
How to Rent a Home