States › Indiana › Marion

Is Marion, IN expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,01442% lower than U.S. average
💵 Families earn per year (2026)$46,745about $3,895/month · 46% lower than U.S. average
🔑 House price$85,30074% lower than U.S. average

Rent is lower than in 87% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18 minutes.

How much money do I need?

To rent here comfortably, you should earn about $40,560 a year. That is $20 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

Yes. Rent here is cheaper than in most of Indiana. It is number 36 of 132 cities from cheapest to most expensive.

Marion
$1,014
$1,485
$1,152
$1,831

How much do households earn in Marion?

Under $25k
23.7%
$25k–50k
33.8%
$50k–100k
25.3%
$100k–150k
6.7%
$150k+
2.2%

Share of households by yearly income. 8.9% of households earn $100,000 or more.

Rent by apartment size in Marion

SizeMarionU.S. average
Studio$842$1,338
1 bedroom$648$1,324
2 bedrooms$926$1,509
3 bedrooms$1,037$1,698
4 bedrooms$1,231$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Marion overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Marion, so the Indiana figure is shown.

Taxes and bills in Marion

🏛️ Property tax$815a year · 0.96% of home value · U.S. $3,119
⚡ Electric bill$150a month (typical) · U.S. $156

Life in Marion

Commute to work18 minU.S.: 26.4 min
College degree16.9%U.S.: 35.7%
Own their home58.8%U.S.: 65.2%
Below poverty line29.6%U.S.: 12.5%
Unemployment7.7%U.S.: 5.2%

Is it cheaper to rent or buy in Marion?

Buying is cheaper month to month: about $422 a month less than renting.

Renting
$1,014
Owning
$592

Owning assumes a typical $85,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $8,530 for the down payment.

Frequently asked questions

What is the average rent in Marion, IN?

Renting in Marion costs a median of about $1,014 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Marion?

To keep rent under 30% of income, you need about $40,560 a year, or $20 an hour at a full-time job.

Is Marion cheap or expensive?

Marion is rated OK: rent takes 26.0% of the typical household income of $46,745. It ranks 36th cheapest of 132 Indiana cities we track.

How much are property taxes in Marion?

The median homeowner in Marion pays $815 a year in property taxes, about 0.96% of the median home value.

Is Marion more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Marion?

The median home value in Marion is $85,300, about 1.8 times the typical yearly household income.

27,531 people live in Marion. Numbers are typical (middle) values.