Nestled between the Iowa River and Linn Creek, Marshalltown combines historic charm with industrial roots. Founded in 1853 by Henry Anson, this city of nearly 28,000 residents serves as the county seat of Marshall County and maintains strong ties to manufacturing, with major employers like Fisher Controls, Lennox International, and the Marshalltown Company. Renters find housing costs attractive, with average one-bedroom apartments renting for around $658—well below the state average of $958—while enjoying the natural beauty of the Iowa River Valley.
Downtown Marshalltown continues its revitalization following the 2018 tornado and 2020 derecho, preserving its historic architecture while welcoming new businesses. The area offers walkable streets lined with local establishments. Residents have access to Marshalltown Community College, multiple public parks, and convenient transportation via Highways 30 and 14. Located just 53 miles northeast of Des Moines via Highway 330, Marshalltown combines affordable living with easy access to Iowa's capital city.
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The average rent in Marshalltown, IA is $640.
The average rent for a studio apartment in Marshalltown, IA is $624.
The average rent for a 1 bedroom apartment in Marshalltown, IA is $640.
The average rent for a 2 bedroom apartment in Marshalltown, IA is $846.
The average rent for a 3 bedroom apartment in Marshalltown, IA is $1,196.
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