Rentometer, Inc. | Data as of 10/22/2025
Marion’s rental market offers a balanced mix of apartments and single‑family homes, catering to a diverse range of renters from young professionals to growing families. Studio apartments are generally found in the $700 range, while one‑bedroom units hover around the $750 mark, making downtown living both convenient and affordable. Two‑bedroom apartments tend toward the $950 range, and three‑bedroom units are similarly priced near the $950 level, providing ample space for roommates or small households. For those seeking a house, two‑bedroom homes are typically priced in the $900s, with three‑ and larger four‑plus bedroom homes commonly falling within the $1,000 range, reflecting the city’s competitive yet reasonable rental landscape.
The city’s neighborhoods each bring their own character to the rental scene. The historic downtown district features charming brick apartments steps from the Grant County Courthouse, local cafés, and the vibrant Marion Square, ideal for those who value walkability and cultural amenities. Family‑friendly subdivisions such as Riverforest and the on‑the‑border area of Grant County offer spacious houses near top‑rated schools, parks, and the scenic Big Walnut Creek trail system. Proximity to major employers, the Marion Regional Airport, and easy access to I‑69 also make the city a practical choice for commuters.
Beyond housing, Marion boasts a rich blend of attractions that enhance quality of life for renters. Seasonal festivals, the historic Marion Poplar Grove, and nearby Lake Wapehani provide recreational options year‑round. With a friendly community atmosphere, robust rental inventory, and a range of price points that accommodate various budgets, Marion, Indiana continues to be an appealing destination for renters seeking both comfort and convenience.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $696 | $717 | $500 - $850 | $695 - $850 |
| Apartment | 1 Bedroom | $772 | $708 | $357 - $1,315 | $649 - $950 |
| Apartment | 2 Bedroom | $967 | $915 | $357 - $1,840 | $749 - $1,100 |
| Apartment | 3 Bedroom | $926 | $950 | $800 - $1,040 | $849 - $995 |
| House | 2 Bedroom | $875 | $860 | $750 - $1,099 | $795 - $900 |
| House | 3 Bedroom | $1,011 | $1,000 | $850 - $1,200 | $995 - $1,011 |
| House | 4+ Bedroom | $1,013 | $1,000 | $915 - $1,125 | $915 - $1,125 |
In the current period, the average rent in Marion was $696 for Studio, $751 for 1 Bedroom, $931 for 2 Bedroom, $969 for 3 Bedroom, and $915 for 4+ Bedroom.
Data provided by Rentometer, Inc.