Apartments for Rent in 46953

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What to Know About

Life in Marion & Beyond

Marion shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Marion, IN

As of June 2026, Marion's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Marion's average rent is 29.9% ($385) lower than the Indiana average of $1,287 and 49.8% ($895) lower than the U.S. average of $1,797.

Average Rent
$902
Monthly ChangeMonth Over Month Change
Decreased4.2% ($40)
Yearly ChangeYear Over Year Change
Increased1.9% ($17)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $685 Decreased1.7% ($12) Increased0.9% ($6)
2 Beds $923 Decreased1.6% ($15) Increased3.7% ($33)
3 Beds $1,099 Decreased2.6% ($29) Increased9% ($91)
Nearby Cities Average Rent Avg. Rent vs. MarionAverage Rent vs. Marion Avg. Days on MarketAverage Days on Market
Summitville $930 Increased3.1% ($28) 32 days
Wabash $713 Decreased21% ($189) 35 days
Elwood $1,028 Increased14% ($126) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Marion Rental Market FAQs

Explore rental prices, market trends, and availability in Marion, IN.

The average rent in Marion, IN is $902 per month.
Apartments in Marion typically rent for between $600 and $1,429 per month, with an average of $902 per month.
In Marion, the average rent for a 1-bedroom apartment is $685 per month, for a 2-bedroom apartment, $923 per month, and a 3-bedroom apartment is $1,099 per month.
The average rent in Marion is 49.8% ($895) lower than the national average of $1,797 per month.
The average rent in Marion has decreased by 4.2% ($40) in the last month and increased by 1.9% ($17) over the past year.
The rental market in Marion, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Marion, IN, the average rental stays on the market for approximately 33 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 13 rental properties available in Marion, IN.
Based on the current averages, a household would need an annual income of $36,920 to comfortably afford a 2-bedroom apartment in Marion.
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