Average Rent in Marshall County, KY↑ Rents rising 3.8% YoY
HUD FY2027 · Official government data · Updated annually · Metro pop. 31,728
Market Overview
Marshall County, KY has rental prices ranging from $656/month to $1,283/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $824/month — 41% below the national average of $1,400/month. With a median household income of $63,611/year, spending $824/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Marshall County Compares
With an average 2-bedroom rent of $918/month, Marshall County ranks #45 most expensive of the 107 cities tracked in Kentucky — more affordable than 89% of all US cities in our data.
The Marshall County Rental Market
The Marshall County, KY area has a population of about 31,728 and 18% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Marshall County, KY have risen by $34/month (3.8%) over the past year, from $884 to $918. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Marshall County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,960. The local median household income of $63,611 exceeds that threshold by $30,651, making Marshall County relatively accessible compared to local wages.
Economy & Jobs
Marshall County, KY has an unemployment rate of 5.5%, 1.6 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2027Is Marshall County, KY Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in KYlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Grant County | $840 | $899 | $1,146 | $1,365 | — |
| Meade County | $799 | $804 | $1,052 | $1,443 | — |
| Lexington | $986 | $1,205 | $1,416 | $1,948 | — |
| Carter County | $745 | $749 | $909 | $1,246 | — |
| Huntington | $858 | $864 | $1,006 | $1,287 | — |
| Clarksville | $1,061 | $1,068 | $1,307 | $1,786 | — |
Rent or Buy in Marshall County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Marshall County data
Renting appears to be the better financial choice for this scenario.
Living in Marshall County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Marshall CountySalary needed to afford rent here
🗺️All Cities in KYSee how Marshall County ranks statewide
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