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Studio Apartment for Rent in Marshalltown, IA

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    Starting at $670 Per Month

    • Studio - 2 Beds

    2510 S 6th St, Marshalltown, IA 50158

    Your search for the perfect home ends at Southern Hills Apartments. With its comfortable, welcoming interiors and convenient amenities, our apartments in Marshalltown, Iowa offer a cozy, relaxed living experience. Enjoy a sense of community and comfort, where you'll quickly feel right at home in a place designed to suit your lifestyle. Experience serene and easy living, both in terms of comfort

    Southern Hills

    2510 S 6th St, Marshalltown, IA 50158

Why Live in Marshalltown

Marshalltown, Iowa, is a small city with a population of approximately 27,500 residents, known for its strong community ties and industrial presence. The city hosts a significant Latino community, one of the largest veteran’s homes in the country, and the JBS pork packing plant, which employs thousands. Housing options in Marshalltown include early-1900s National Folk homes and bungalows in the town center, as well as ranch-style homes on the south side. The city has undergone significant rebuilding efforts following a tornado in 2018 and a derecho in 2020, with ongoing development of single-family homes and townhouses. Downtown Marshalltown features walkable shopping areas, including the Marshall County Courthouse, family-owned eateries, shops, and Mexican supermarkets. The 13th Street District offers commerce, public art, a bandshell, and a park. The Marshalltown Mall is set for upgrades through 2026, providing local shopping options alongside big-box stores like Hy-Vee, Aldi, and Walmart. Educational opportunities include dual language programs and partnerships with the National Hispanic Institute. Marshalltown Community College offers on-campus housing and dual enrollment classes. The city experiences hot, humid summers and cold winters, with snow plows deployed for snowfall over two inches. Recreational activities include 22 parks spanning over 200 acres, sports programs, and the Linn Creek Recreational Trail. Events such as Oktemberfest and community fundraisers support local causes, while the Marshalltown Public Library provides extensive community resources.

Frequently Asked Questions

How much does it cost to rent a home in Marshalltown, IA?
The median rent for a home in Marshalltown, IA is $1,087 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Marshalltown, IA?
To comfortably afford the median rent in Marshalltown, IA, a household needs to earn roughly $43,480 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 $1,087 per month in Marshalltown, IA, renters typically need to show $3,261 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 Marshalltown, IA?
In Marshalltown, IA, the price-to-rent ratio is 12.3, 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

Number of Homes for Rent
1
Median Rent
$1,087
Median Single Family Home Rent
$1,088
Median Townhouse Rent
$1,125
Median Condo Rent
$800
How to Rent a Home