In Marshalltown, a typical home is worth $127,700 and typical rent is $891 a month. Compared with all of Marshall County, the typical home value is 12% lower, typical household income is 6% lower, and the share of households that own their home is 6 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $143,210 to $176,616.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Marshalltown is in Marshall County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Marshall County. See the county
What this place has that others do not, from public data, most unusual first.
1
69% of households in Marshalltown own their home, against 75% in Marshall County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Marshalltown
What homes there are in Marshalltown, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Marshalltown
Marshall County
Iowa
United States
Kind of home: Marshalltown and its comparisons
Measure
Marshalltown
Marshall County
Iowa
United States
Detached house
73%
79%
72%
61%
Attached house
2%
2%
5%
6%
Building of 2 to 4
8%
7%
6%
8%
Apartments (5 or more)
14%
9%
14%
19%
Mobile home
Unreliable estimate
3%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Marshalltown, 7 in 10 homes are single-family detached houses; in Marshall County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or later
Marshalltown
Marshall County
Iowa
United States
Year built: Marshalltown and its comparisons
Measure
Marshalltown
Marshall County
Iowa
United States
Before 1960
54%
53%
38%
26%
1960–1979
24%
24%
24%
24%
1980–1999
12%
12%
17%
25%
2000–2009
6%
6%
11%
14%
2010 or later
4%
5%
11%
11%
In Marshalltown, half of the homes were built before 1958; in Marshall County, before 1958.
Homes in Marshalltown are smaller: 58% have 3 bedrooms or more; in Marshall County, 63%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K36%
$100K–$200K42%
$200K–$300K14%
$300K–$500K7%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Marshalltown and its comparisons
Measure
Marshalltown
Under $100K
36%
$100K–$200K
42%
$200K–$300K
14%
$300K–$500K
7%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 99% of owner-occupied homes in Marshalltown sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99961%
$1,000–$1,49923%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Marshalltown and its comparisons
Measure
Marshalltown
Under $500
Unreliable estimate
$500–$999
61%
$1,000–$1,499
23%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,287 a month
Marshall County: $1,332 a month
Without a mortgage
$577 a month
Marshall County: $579 a month
Owners with a mortgage
54%
Marshall County: 55%
Owning costs about the same in Marshalltown as in Marshall County: with a mortgage, $1,287 a month; without one, $577.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Marshalltown+35%
Marshall County+37%
Iowa+41%
United States+53%
Typical rent
Marshalltown+30%
Marshall County+28%
Iowa+23%
United States+33%
Typical household income
Marshalltown+33%
Marshall County+30%
Iowa+24%
United States+29%
Change since 2015–2019: Marshalltown and its comparisons
Measure
Marshalltown
Marshall County
Iowa
United States
Typical home value
+35%
+37%
+41%
+53%
Typical rent
+30%
+28%
+23%
+33%
Typical household income
+33%
+30%
+24%
+29%
The typical home value in Marshalltown rose 35% since 2015–2019, about the same as in Marshall County (37%).
Much as in Marshall County, the typical rent in Marshalltown rose 30% since 2015–2019.
To compare: typical income in Marshalltown rose 33%; the home, +35%; the rent, +30%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Marshalltown and its comparisons
Measure
Marshalltown
Marshall County
Iowa
United States
Rental vacancy
Unreliable estimate
7.9%
5.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
5.3%
3.7%
1.6%
3.4%
People per household
2.62
2.51
2.36
2.53
Drive alone
76%
77%
76%
69%
Carpool
15%
12%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
3%
3%
3%
3%
Work from home
6%
7%
11%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
More than one person per room: that is how 5.3% of households in Marshalltown live, more than in Marshall County (3.7%).
By size, households in Marshalltown look like those in Marshall County: 2.62 people on average.
To get to work, 76% of workers in Marshalltown drive alone; in Marshall County, 77%.
Do the math
What would you pay each month for a home in Marshalltown?
A typical home is within reach of the typical income
We start with a typical home in Marshalltown, worth $127,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 20% of the typical household income in Marshalltown, which is $69,068 a year.
The calculator's FHA and conventional loan limits are those of all of Marshall County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Marshalltown. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,470 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,139
at 7.18% · 30 years
Loan amount
$125,387
Total interest
$180,402
Paid off in
November 2056
Includes $2,157 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,612 a month
Your payment · 20%
Tight
$1,612 to $2,072 a month
Hard
more than $2,072 a month
Compared with the typical household income in Marshalltown ($69,068 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$849
Property tax
$180
Home insurance
$53
FHA mortgage insurance (MIP)
$56
You need at least $4,470 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,139; principal and interest $849.
The city and its county
Marshalltown and Marshall County
Marshalltown is in Marshall County, Iowa. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Marshalltown
Map of Marshall County, Iowa, with Marshalltown marked. Around it, the neighboring counties.
Marshalltown
Marshall County
Marshalltown's own numbers
Typical home value
$127,700
Typical monthly rent
$891
Typical yearly household income
$69,068
Households that own their home
69%
Effective property tax rate
1.69%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Marshall County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$940
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
2.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Marshall County.
A typical home in Marshalltown is worth $127,700: 12% below the county and 39% below Iowa. With the typical household income in Marshalltown ($69,068 a year), a typical home costs 1.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Marshalltown1.8 years
Marshall2.0 years
Iowa2.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Marshall County
According to FHFA’s house price index, home prices in Marshall County rose 72% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Marshall County.
Yearly change in FHFA’s price index in Marshall County, 2016 to 2025
2016: +2.7% +2.7% 2016
2017: +4.0% +4.0% 2017
2018: +5.5% +5.5% 2018
2019: +3.0% +3.0% 2019
2020: +2.0% +2.0% 2020
2021: +8.4% +8.4% 2021
2022: +10.4% +10.4% 2022
2023: +8.7% +8.7% 2023
2024: +7.3% +7.3% 2024
2025: +4.1% +4.1% 2025
Change in FHFA’s price index in Marshall County, Iowa and the United States
Period
County
Iowa
U.S.
Last year (2025)
+4.1%
+3.2%
+2.9%
5 years (2020–2025)
+45%
+41%
+47%
10 years (2015–2025)
+72%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Marshalltown next to Marshall County, Iowa and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Marshalltown$127,700
Marshall$145,500
Iowa$208,000
United States$332,700
Typical monthly rent
Marshalltown$891
Marshall$885
Iowa$972
United States$1,413
Typical yearly household income
Marshalltown$69,068
Marshall$73,315
Iowa$75,059
United States$80,734
See the full table
Marshalltown next to Marshall County and Iowa
Measure
Marshalltown
Marshall County
Iowa
U.S.
Typical home value
$127,700 ▼12% below the county
$145,500
$208,000
$332,700
Typical monthly rent
$891
$885
$972
$1,413
Typical yearly household income
$69,068 ▼6% below the county
$73,315
$75,059
$80,734
Households that own their home
69% ▼6 points below the county
75%
72%
65%
Typical yearly property tax
$2,157 ▲4% above the county
$2,067
$2,897
$3,119
Effective property tax rate
1.69% ▲0.27 points above the county
1.42%
1.39%
0.94%
Renters with high rent for their income
34% ▲1 points above the county
32%
44%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Marshall County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Marshalltown
For a typical $127,700 home in Marshalltown, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Marshalltown's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,139a month
Least cash to close
Down payment
$4,470
Cash to close
$8,301
Rate
7.18%
Mortgage insurance
FHA MIP · $56
Conventional, 5% down$1,116a month
Down payment
$6,385
Cash to close
$10,216
Rate
7.18%
Mortgage insurance
PMI · $61
Conventional, 20% down, no PMI$925a month
Down payment
$25,540
Cash to close
$29,371
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,043a month
Down payment
$19,155
Cash to close
$22,986
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Marshalltown
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,139
$4,470
$125,387
7.18%
FHA MIP · $56
$8,301
580
Conventional, 5% down
$1,116
$6,385
$121,315
7.18%
PMI · $61
$10,216
620*
Conventional, 20% down, no PMI
$925
$25,540
$102,160
7.18%
None
$29,371
620*
ITIN, 15% down (example)
$1,043
$19,155
$108,545
8.18%
None
$22,986
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Marshalltown is $891 a month: about the same as the county. In Marshalltown, 34% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Marshall County, by unit size. To pay the 2-bedroom one ($940 a month) without spending more than 30% of your income, you would need to earn $18.08 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Marshall County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$698
$13.42
$27,920
1 bedroom
$719
$13.83
$28,760
2 bedrooms
$940
$18.08
$37,600
3 bedrooms
$1,231
$23.67
$49,240
4 bedrooms
$1,235
$23.75
$49,400
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Marshalltown
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Marshalltown is in ZIP code 50158.
For 2 bedrooms it is $940: the same as the fair market rent for Marshall County.
Fair market rent by ZIP code and size in Marshalltown, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
50158
$700
$720
$940
$1,230
$1,240
ZIP code2 bd3 bd
50158 $940$1,230
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Marshalltown when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Marshall County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Marshalltown or Marshall County. The ones below are statewide in Iowa: they work in Marshalltown the same as in the rest of the state.
With the Iowa state authority's FirstHome mortgage, a first-time buyer can get a second loan of up to 3% of the price (maximum $10,000) or up to 5% (maximum $15,000), with no monthly payments, repaid when you sell, refinance or pay off the mortgage.Offered by Iowa Finance Authority (IFA).
Iowa state authority second loan, with the Homes for Iowans mortgage, of up to 3% of the price (maximum $10,000) or 5% (maximum $15,000) for the down payment and closing costs; no monthly payments, and for any buyer.Offered by Iowa Finance Authority (IFA).
The HUD-approved agencies closest to the center of Marshalltown, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Marshalltown or Marshall County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Marshalltown and all of Marshall County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Marshalltown?
The typical home value in Marshalltown is $127,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Marshall County it is $145,500.
How much does it cost to rent in Marshalltown?
Typical rent in Marshalltown is $891 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Marshall County is $940.
What is the FHA loan limit in Marshalltown?
Marshalltown uses the FHA limit for all of Marshall County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Marshalltown?
The typical homeowner in Marshalltown pays $2,157 a year, according to the U.S. Census Bureau. That is 1.69% of the home’s value; in Marshall County, the rate is 1.42%.
Where can I find free help to buy or rent in Marshalltown?
We found no HUD-approved counseling agencies with an office in Marshall County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
