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 August 2025, Marion's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Marion's average rent is 24.5% ($306) lower than the Indiana average of $1,247 and 47.4% ($849) lower than the U.S. average of $1,790.

Average Rent

$941

Monthly ChangeMonth Over Month Change

2.8% ($26)

Yearly ChangeYear Over Year Change

16.2% ($131)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$677	0.3% ($2)	9.5% ($71)
2 Beds	$923	1.4% ($13)	7.3% ($63)
3 Beds	$1,098	4.8% ($50)	2.4% ($27)

Nearby Cities	Average Rent	Avg. Rent vs. MarionAverage Rent vs. Marion	Avg. Days on MarketAverage Days on Market
Somerset	$844	10.3% ($97)	29 days
Summitville	$794	15.6% ($147)	32 days
Wabash	$818	13.1% ($123)	35 days
Elwood	$1,051	11.7% ($110)	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.

What is the average rent in Marion, IN?

The average rent in Marion, IN is $941 per month.

What is the rental price range for houses in Marion, IN?

Houses in Marion typically rent for between $600 and $1,427 per month, with an average of $941 per month.

What is the average rent for different bedroom sizes in Marion, IN?

In Marion, the average rent for a 1-bedroom house is $677 per month, for a 2-bedroom house, $923 per month, and a 3-bedroom house is $1,098 per month.

How do rent prices in Marion, IN compare with the national average?

The average rent in Marion is 47.4% ($849) lower than the national average of $1,790 per month.

How have rent prices in Marion, IN changed recently?

The average rent in Marion has increased by 2.8% ($26) in the last month and increased by 16.2% ($131) over the past year.

How competitive is the rental market in Marion, IN?

The rental market in Marion, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Marion, IN?

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.

How many rental properties are available in Marion, IN?

There are currently 13 rental properties available in Marion, IN.

Can I afford to rent a house in Marion, IN?

Based on the current averages, a household would need an annual income of $36,920 to comfortably afford a 2-bedroom house in Marion.