At $955/mo, rent takes about 16% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $955 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Marion changed +8.0% over the year to September 2026. Across the 49 Indiana cities Zillow tracks, the typical change was +4.5%.
Rent has fallen 2 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($71,563) is $1,789 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,370).
From Zillow's monthly rent index (ZORI) for Marion. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Marion, IN is roughly split between renters and owners, 7.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Marion, IN has changed in 5 years
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.
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Can you afford rent in Marion on your salary?
At $955/mo, how Marion rent compares to typical pay (30% rule).
Marion rent by bedroom count
Median rent for each apartment size in Marion. Click any size for full breakdown.
Tips for renters in Marion
Last updated: October 17, 2026
The median rent in Marion is $955/mo as of October 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 16% of local median household income ($71,563/yr), Marion ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.0% over the past year.
Frequently asked questions
How much income do you need to rent in Marion?
Is rent going up or down in Marion?
How does Marion rent compare to other cities in Indiana?
At $955/mo, rent takes ~16% of Marion's median household income ($71,563/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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