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.
How much do households earn in Marion?
Share of households by yearly income. 8.9% of households earn $100,000 or more.
Rent by apartment size in Marion
| Size | Marion | U.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).
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
Life in Marion
Is it cheaper to rent or buy in Marion?
Buying is cheaper month to month: about $422 a month less than renting.
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.