How much does it cost to rent in Marion, IN?

As of July 2026, the median monthly rent in Marion, IN is $913. This figure is based on aggregated data from public sources and community-submitted rents.

Is Marion cheaper than other Indiana cities?

Marion is among the more affordable cities in Indiana, ranking #62 out of 65 cities at $913/mo.

When was Marion rent data last updated?

Marion rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · IN

Marion

Name: Average Rent Prices in Marion, IN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 276·62nd most expensive in Indiana·Marion rents are up 36.5% over the past year

Median rent (all units)

$913/mo

Year-over-Year

+36.5%

Month-over-Month

+2.4%

vs US Median

-$1,052

Rising (Monthly)

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Most AffordableMost Expensive

Marion · $913

More affordable than 99% of US cities · National median $1,965/mo

Affordability

15% of income

VERY AFFORDABLE

0%30% benchmark60%+

At $913/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$37,000/yr

Local median income

$71,563/yr

Based on the 30%-of-income rule using Marion's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$650

1 BR

$740

2 BR

$930

3 BR

$1,210

4 BR+

$1,370

Research median

$930/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$10,956/yr

At $913/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 36.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+36.5% YoY, +2.4% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Marion, IN is roughly split between renters and owners, 7.9% of residents hold a bachelor's degree or higher.

Population

276

Median income

$71,563

Median age

46.6

Renters

53.9%

Age distribution

17%

36.6%

39.1%

Under 1817%

18–347.2%

35–5436.6%

55–6439.1%

Gender

40.9%

59.1%

Male40.9%

Female59.1%

Race & ethnicity

100%

White100%

Education (25+)

12.2%

29.3%

50.7%

No HS diploma12.2%

HS diploma29.3%

Some college50.7%

Bachelor's+7.9%

Housing tenure

46.1%

53.9%

Owner46.1%

Renter53.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Marion, IN has changed in 5 years

Income

$37,835 → $71,563

up 89.1%

Population

27,757 → 276

down 99.0%

Renter share

42.2% → 53.9%

+11.7 pts

Bachelor's+

16.6% → 7.9%

-8.7 pts

Median age

36.6 → 46.6

+10.0 yrs

On the earnings side, the typical household in Marion, IN now reports about $71,563, up from $37,835 in 2021. The population has contracted by 99.0% since 2021, moving from about 27,757 residents to roughly 276. Renters now make up 53.9% of households, compared with 42.2% five years ago. College-educated residents now make up 7.9% of adults here, versus 16.6% in 2021.

Community

Discussions about Marion

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View Marion rent history (2015–2026) →

Salary vs rent

Can you afford rent in Marion on your salary?

At $913/mo, how Marion rent compares to typical pay (30% rule).

Registered Nurse

Avg $86,922/yr · Rent = 12.6% income

very comfortable

Elementary School Teacher

Avg $61,714/yr · Rent = 17.8% income

very comfortable

Police Officer

Avg $71,088/yr · Rent = 15.4% income

very comfortable

Software Developer

Avg $127,061/yr · Rent = 8.6% income

very comfortable

Lawyer

Avg $162,352/yr · Rent = 6.7% income

very comfortable

Firefighter

Avg $57,785/yr · Rent = 19% income

very comfortable

Truck Driver

Avg $52,173/yr · Rent = 21% income

affordable

Electrician

Avg $64,308/yr · Rent = 17% income

very comfortable

By apartment size

Marion rent by bedroom count

Median rent for each apartment size in Marion. Click any size for full breakdown.

Local insights

Tips for renters in Marion

About renting in Marion, IN

Last updated: July 20, 2026

The median rent in Marion is $913/mo as of July 2026. A studio apartment averages $650/mo while a 2-bedroom runs $930/mo. One-bedroom apartments average $740/mo and 3-bedroom units go for $1,210/mo.

At 15% of local median household income ($71,563/yr), Marion ranks as affordable compared to the national benchmark of 30%. Rents have increased 36.5% over the past year.

FAQ

Frequently asked questions

Is Marion an affordable city for renters?

Marion is considered very affordable for renters. At $913/mo, rent takes approximately 15% of the local median household income ($71,563/yr). The standard benchmark is 30%. Marion falls comfortably within that range.

How much income do you need to rent in Marion?

To keep rent at or below 30% of gross income, you would need to earn at least $37,000/year (~$18/hour full-time) to afford the median rent of $913/mo in Marion. The local median household income is $71,563/yr, meaning the typical Marion household meets that threshold.

Is rent going up or down in Marion?

Rent in Marion has increased 36.5% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Marion rent compare to other cities in Indiana?

Marion is one of the more affordable cities in Indiana for rent, ranking #62 out of 65 tracked cities at $913/mo.

What percentage of Marion residents rent vs. own?

According to Census data, approximately 53.9% of Marion households are renters, while 46.1% are owner-occupied. With a majority renter population, Marion has a strong rental market.