Studio Rent · August 2026

Studio Apartment Rent in Marion, IN

$650/mo

Median asking rent for a studio apartment in Marion, Indiana as of August 2026. That's +30% lower than the citywide median of $926 and +50% below the national studio median of $1,290.

Studio median
$650
August 2026
vs city overall
-30%
$926 city median
vs national
-50%
$1,290 US median
Indiana rank
#2
of 61 cities

Income needed for a studio in Marion

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$26,000
Monthly gross
$2,167
Hourly (full-time)
$12.50

Rent by apartment size in Marion

Compare Marion's median rent across every apartment size.

Studio (current)
$650
1-Bedroom
$740
2-Bedroom
$930
3-Bedroom
$1,210
4+ Bedroom
$1,370

Cheapest cities for a studio in Indiana

#CityStudio rent
1Crawfordsville$598
2Marion (this page)$650
3East Chicago$670
4Michigan City$700
5Richmond$710
6Angola$730
7New Castle$730
8Muncie$735
9Mishawaka$740
10South Bend$775
11Kokomo$780
12Evansville$792
13Anderson$793
14Terre Haute$803
15Lafayette$810

Most expensive cities for a studio in Indiana

#CityStudio rent
1Zionsville$1,390
2Whitestown$1,330
3Carmel$1,327
4McCordsville$1,210
5Lawrence$1,205
6Avon$1,190
7Westfield$1,180
8Fishers$1,170
9Brownsburg$1,120
10Sellersburg$1,100
11Granger$1,070
12Noblesville$1,050
13Columbus$1,045
14Munster$1,040
15Plainfield$1,030

Nearby cities — studio rent

Most nearby cities have similar or higher studio rents than Marion.

CityDistanceStudio rentvs Marion
Anderson, IN34.2 mi$793+$143 (+22%)
Kokomo, IN35.6 mi$780+$130 (+20%)
Pendleton, IN43.3 mi$890+$240 (+37%)
Noblesville, IN44.5 mi$1,050+$400 (+62%)
Warsaw, IN45.5 mi$850+$200 (+31%)
Fort Wayne, IN48.4 mi$981+$331 (+51%)
Fishers, IN49.4 mi$1,170+$520 (+80%)
Sheridan, IN52.2 mi$890+$240 (+37%)
McCordsville, IN52.6 mi$1,210+$560 (+86%)
Lawrence, IN55.3 mi$1,205+$555 (+85%)
Greenfield, IN55.9 mi$890+$240 (+37%)
Carmel, IN56.2 mi$1,327+$677 (+104%)

Studio rent in Marion — common questions

How much is a studio apartment in Marion?

As of August 2026, the median studio apartment rent in Marion, Indiana is $650 per month. This is +30% below the citywide median of $926.

What income do you need to afford a studio in Marion?

Using the standard 30% rent-to-income rule, you would need an annual income of about $26,000 ($2,167/month gross), which works out to roughly $12.50/hour at a full-time job.

Is Marion expensive for a studio compared to the rest of the US?

Marion's studio median of $650 is +50% below the national studio median of $1,290. It ranks in the 1th percentile of US cities tracked.

How does Marion rank for studio rent in Indiana?

Among the 61 cities in Indiana with studio data, Marion ranks #2 from cheapest to most expensive.

Are there cheaper studio options near Marion?

Most nearby cities have similar or higher studio rents than Marion.

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Marion, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.