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Marshalltown, Iowa

Housing in Marshalltown

Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.

Housing in Marshalltown, Iowa

The housing market in Marshalltown is characterized by high affordability relative to the national average, offering a mix of historic Victorian homes, mid-century builds, and modern suburban developments. Renting a standard apartment remains accessible for moderate-income earners, while homeownership rates are robust due to favorable median home prices. Demand remains steady, supported by newcomers seeking affordable housing options within commuting distance of Des Moines.

Housing

Average Rent
$850
Salary Needed
$42,000

About Marshalltown, Iowa

Marshalltown, Iowa, serves as the county seat of Marshall County and is situated in the central region of the state. Founded in the mid-19th century, the city grew as an agricultural and manufacturing hub, known historically for its rich prairie surroundings and industrial contributions. Today, Marshalltown combines a small-town Midwestern character with a diverse community and a resilient local economy that rebounded strongly following historical weather and economic challenges.

About Iowa

Iowa, located in the Midwest, is characterized by its expansive farmlands and a generally relaxed, community-focused lifestyle. The state's economy is diverse, with major industries including advanced manufacturing, biosciences, finance and insurance, and its foundational agricultural sector, which leads in corn, soybean, ethanol, and pork production. Living in Iowa is notably affordable, with the cost of living, particularly housing, being significantly lower than the national average. The climate is humid continental, featuring hot, humid summers and cold winters, with seasonal precipitation and susceptibility to various natural disasters like snowstorms, floods, and tornadoes.

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