Average Rent in Marshall County, SD↑ Rents rising 9.1% YoY🔻 2nd cheapest in SD

Marshall County, SD has rental prices ranging from $706/month to $1,599/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $775/month — 45% below the national average of $1,400/month. With a median household income of $72,500/year, spending $775/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Marshall County Compares

With an average 2-bedroom rent of $1,014/month, Marshall County ranks #63 most expensive of the 64 cities tracked in South Dakota — more affordable than 63% of all US cities in our data.

The Marshall County Rental Market

The Marshall County, SD area has a population of about 4,355 and 20% 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, SD have risen by $85/month (9.1%) over the past year, from $929 to $1,014. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Marshall County, SD without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,000. The local median household income of $72,500 exceeds that threshold by $41,500, making Marshall County relatively accessible compared to local wages.

Economy & Jobs

Marshall County, SD has an unemployment rate of 1.5%, 2.4 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Marshall County, SD Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Marshall County?

Break-even analysis and mortgage estimates based on local market data.

Living in Marshall County

Cost of living, job market, crime rates, and moving cost estimates.