Starting at $575 Per Month
- Studio
337 N Butler Ave, Marion, IN 46952
Discover cozy, upgraded living just steps from your favorite shops and restaurants.Perfectly located. Thoughtfully upgraded. Welcome home!
Your new home awaits!
Frequently Asked Questions
How much does it cost to rent a home in Marion, IN?
The median rent for a home in Marion, IN is $1,065 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Marion, IN?
To comfortably afford the median rent in Marion, IN, a household needs to earn roughly $42,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,065 per month in Marion, IN, renters typically need to show $3,195 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Marion, IN?
In Marion, IN, the price-to-rent ratio is 10.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
