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Marion, IN Townhomes for Rent

Section Image
  • 4124 S Washington St Unit 4126 - Upper, Marion, IN 46953
    4124 S Washington St Unit 4126 - Upper, Marion, IN 46953
    4124 S Washington St Unit 4126 - Upper, Marion, IN 46953
    /13

    $895

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • Townhouse for Rent

    4124 S Washington St Unit 4126 - Upper, Marion, IN 46953

    Perfect for anybody who needs to get to IWU regularly, its across the street on Washington street House has a New Metal roof, furnace already installed, bathroom remodeled and new flooring in four rooms..

    4124 S Washington St Unit 4126 - Upper, Marion, IN 46953
  • 816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    /5

    $749 - $949

    Total Monthly Price

    • Studio - 2 Beds
    • 1 Bath
    • 300 Sq Ft
    • Townhouse for Rent

    816 S Boots St, Marion, IN 46953

    Be a part of a friendly community that enjoys a great big back yard - where you can have weekend BBQ's or be able to stretch and have fun.

    816 S Boots St, Marion, IN 46953
  • 816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    /5

    $749 - $949

    Total Monthly Price

    • Studio - 2 Beds
    • 1 Bath
    • 300 Sq Ft
    • Townhouse for Rent

    816 S Boots St, Marion, IN 46953

    Be a part of a friendly community that enjoys a great big back yard - where you can have weekend BBQ's or be able to stretch and have fun.

    816 S Boots St, Marion, IN 46953
  • 816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    /5

    $749 - $949

    Total Monthly Price

    • Studio - 2 Beds
    • 1 Bath
    • 300 Sq Ft
    • Townhouse for Rent

    816 S Boots St, Marion, IN 46953

    Be a part of a friendly community that enjoys a great big back yard - where you can have weekend BBQ's or be able to stretch and have fun.

    816 S Boots St, Marion, IN 46953
  • 816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    816 S Boots St, Marion, IN 46953
    /5

    $749 - $949

    Total Monthly Price

    • Studio - 2 Beds
    • 1 Bath
    • 300 Sq Ft
    • Townhouse for Rent

    816 S Boots St, Marion, IN 46953

    Be a part of a friendly community that enjoys a great big back yard - where you can have weekend BBQ's or be able to stretch and have fun.

    816 S Boots St, Marion, IN 46953
Indiana Grant County Marion

Townhomes for Rent in Marion, IN

Frequently Asked Questions

How much does it cost to rent a townhouse in Marion, IN?
The median rent for a townhouse in Marion, IN is $849 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes 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 $35,880 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 $897 per month in Marion, IN, renters typically need to show $2,691 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 12.5, 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.

Rental Home Trends in Marion, IN

There are currently 5 townhouses available for rent in Marion, IN. The median rent is $849 per month, with 2-bedroom townhouses renting at $799 and 4-bedroom townhouses at $1,440.

Rental Home Trends

Number of Townhouses for Rent
5
Median Townhouse Rent
$849
Median 2 Bedroom Townhouse Rent
$799
Median 4 Bedroom Townhouse Rent
$1,440
How to Rent a Home

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