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Rental Market Trends in Marion, IN

What is the average rent in Marion, IN?

$775/month

Average Rent

595 Sq Ft

Average Apartment Size

+5.6%

Increase in the Last Year

As of June 2025, the average rent in Marion, IN is $775 per month. This is 52% lower than the national average rent of $1,627/month, making renting in Marion more affordable than most cities in the US. When you rent an apartment in Marion, you can expect to pay about $601 per month for a studio, $775 for a one-bedroom apartment, and around $845 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $963 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$601/month
379 Sq Ft
One Bedroom
$775/month
595 Sq Ft
Two Bedroom
$845/month
1,011 Sq Ft
Three Bedroom
$963/month
960 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Marion, IN?

In the past year, rent has increased by 5.6%, which averages out to $44 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Marion, IN
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Marion, IN
Percentage*
Rent Range
10% Below $700/month
70% $700 - $1,000/month
20% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Marion, IN?

Because the average rent in Marion is $775, you’ll want to make about $2,583 per month or $30,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Marion, IN

75 Available Apartments for Rent

Search for Nearby Apartments

How does Marion, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Marion, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Marion, IN

Apartment Averages

Nearby City Rent Trends

  • Gas City Average Rent

Apartment communities in Marion we think you'll love

BECKFORD PLACE APARTMENTS

BECKFORD PLACE APARTMENTS

1315 N Beckford Pl,
Marion, IN 46952

Studio - 2 Beds | $525 - $800

Historic Gallatin Square

Historic Gallatin Square

304 S Gallatin St,
Marion, IN 46952

1-2 Beds | $357 - $976

HIGHLAND NORTH TOWNHOUSES

HIGHLAND NORTH TOWNHOUSES

1200 N Quarry Rd,
Marion, IN 46952

2 Beds | Call for Rent

Turtle Creek Apartments

Turtle Creek Apartments

2116 W 2nd St,
Marion, IN 46952

Studio - 2 Beds | $695 - $975

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United States Indiana Marion Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity