City Report · NC

Marion

Pop. 7,579·117th most expensive in North Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,317/mo
Year-over-Year
Stable
Month-over-Month
-1.4%
vs US Median
-$615
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Marion · $1,317
More affordable than 87% of US cities · National median $1,932/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,317/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$53,000/yr
Local median income
$51,314/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
$790
1 BR
$840
2 BR
$940
3 BR
$1,190
4 BR+
$1,260
Fair Market Rent (HUD)
$940/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,317 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($51,314) is $1,283 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,260).

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.

Annual cost
$15,804/yr
At $1,317/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.4% MoM), not inventory.
Rent check

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Demographics

Who lives here

Marion, NC is roughly split between renters and owners, has a median income below the national average, 15.6% of residents hold a bachelor's degree or higher.

Population
7,579
Median income
$51,314
Median age
39.1
Renters
48.7%
Age distribution
19.1%
22.6%
29.8%
16.5%
Under 1819.1%
18–3422.6%
35–5429.8%
55–6412%
65+16.5%
Gender
52.1%
47.9%
Male52.1%
Female47.9%
Race & ethnicity
65.2%
19.8%
White65.2%
Black11.3%
Hispanic19.8%
Asian4.6%
Education (25+)
20%
37.7%
26.8%
15.6%
No HS diploma20%
HS diploma37.7%
Some college26.8%
Bachelor's+15.6%
Housing tenure
51.3%
48.7%
Owner51.3%
Renter48.7%

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

2021 vs 2026

How Marion, NC has changed in 5 years

Income
$41,580 → $51,314
up 23.4%
Population
7,703 → 7,579
down 1.6%
Renter share
48.2% → 48.7%
+0.5 pts
Bachelor's+
16.1% → 15.6%
-0.5 pts
Median age
40.5 → 39.1
-1.4 yrs

Local incomes tracked alongside that move, going from a median of $41,580 in 2021 to $51,314 more recently. The population has contracted by 1.6% since 2021, moving from about 7,703 residents to roughly 7,579.

Community

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View Marion rent history (2015–2026) →
Salary vs rent

Can you afford rent in Marion on your salary?

At $1,317/mo, how Marion rent compares to typical pay (30% rule).

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, NC

Last updated: October 17, 2026

The median rent in Marion is $1,317/mo as of October 2026. A studio apartment averages $790/mo while a 2-bedroom runs $940/mo. One-bedroom apartments average $840/mo and 3-bedroom units go for $1,190/mo.

At 31% of local median household income ($51,314/yr), Marion ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $53,000/year (about $25/hour full-time) to afford the median rent of $1,317/mo in Marion. The local median household income is $51,314/yr, so the typical household falls short of that bar.

Is rent going up or down in Marion?

Rent in Marion has been roughly flat over the past year, a 0.0% change.

How does Marion rent compare to other cities in North Carolina?

Marion is one of the more affordable among North Carolina cities for rent, ranking #117 of 129 tracked cities at $1,317/mo.
Income Affordability
31%
MODERATE

At $1,317/mo, rent takes ~31% of Marion's median household income ($51,314/yr). The standard benchmark is 30%.

Marion 31%Benchmark 30%
State income tax4.5%
Run the Marion affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Marion, NC

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