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Rental Market Trends in Marion, VA

What is the average rent in Marion, VA?

$427/month

Average Rent

732 Sq Ft

Average Apartment Size

+4%

Increase in the Last Year

As of May 2025, the average rent in Marion, VA is $427 per month. This is 74% lower than the national average rent of $1,625/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 per month for a studio, $427 for a one-bedroom apartment, and around $513 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $524 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$427/month
732 Sq Ft
Two Bedroom
$513/month
904 Sq Ft
Three Bedroom
$524/month
1,161 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, VA?

In the past year, rent has increased by 4%, which averages out to $18 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 May 2025
Legend
2024 2025
Market Trends Over Time

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

Because the average rent in Marion is $427, you’ll want to make about $1,423 per month or $17,076 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, VA

2 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Marion, VA 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.

Apartment Averages

Apartment communities in Marion we think you'll love

952 Middle Ave

952 Middle Ave

952 Middle Ave,
Marion, VA 24354

4 Beds | $2,000

314 S Park St

314 S Park St

314 S Park St,
Marion, VA 24354

2 Beds | $1,250

107 Carolina Ave

107 Carolina Ave

107 Carolina Ave,
Tazewell, VA 24651

2 Beds | $750

223 Deer Ridge Trail

223 Deer Ridge Trail

223 Deer Ridge Trail,
Tazewell, VA 24651

2 Beds | $850

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United States Virginia 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity