402 S Washington St
402 S Washington St,
Marion, IN 46953
1-3 Beds | $1,050 - $1,750
Rental Market Trends in Marion, IN
Updated July 2026
The average rent in Marion, IN is $832/month.
Rent in Marion is 50% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$832/month
Average Rent
554 Sq Ft
Average Size
+0.5%
Change / Year
91
Available Apartments
Marion rent varies by unit size and layout:
- Studio apartments in Marion average $661 per month.
- One-bedroom apartments in Marion average $832 per month.
- Two-bedroom apartments in Marion average $916 per month.
- Three-bedroom apartments in Marion average $1,016 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Marion, IN?
In the past year, rent has increased by 0.5%, which averages out to $5 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Marion, IN
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
50%
$700 - $1,000/month
33%
$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 $832, you’ll want to make about $2,773 per month or $33,276 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.
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.
View the Marion Area GuideApartment Communities in Marion We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Marion?
The average rent in Marion is $832 per month, which is 50.0% lower than the national average of $1,663.
What is the average rent for a house in Marion?
The average rent for a house in Marion, IN is $1,277 per month.
Are rents going up or down in Marion?
Rents in Marion, IN are increasing, with prices up 0.5% year-over-year and $5 more per month.
What rent range is most common in Marion?
In Marion, IN, 50% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.