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Studio Apartment for Rent in Marion, VA

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    $1,500 Per Month

    • Studio
    • 1 Bath
    • 1,700 Sq Ft
    • Condo for Rent

    105 Pendleton St Unit 100, Marion, VA 24354

    Commercial Retail / Office Space for Lease103 Pendleton St, Marion, VA 24354Apply online at or contact Brightrock Property Management at .Approximately 1,700 sq. ft. of commercial space available for lease in a historic building in Marion. This versatile space is well suited for retail, professional office, studio, showroom, or similar commercial use.The front of the

    105 Pendleton St Unit 100, Marion, VA 24354

Why Live in Marion

Marion, VA, the seat of Smyth County, offers a blend of historic charm and outdoor attractions. The town's downtown area features buildings from the mid-19th to mid-20th centuries, housing eateries like Wooden Pickle and Moon Dog Brick Oven, and shops such as Downtown Resale Boutique and Helping Hands Community Thrift. Marion is known for its outdoor recreation, with the Middle Fork of the Holston River providing fishing spots and trails, and the local golf course offering tee times. The town is a gateway to Hungry Mother State Park, less than 5 miles away, and Mount Rogers National Recreation Area, less than 7 miles away, both popular destinations for hiking, fishing, and camping. Marion's residential areas feature traditional Cape Cod, Craftsman, and ranch-style homes, with spacious yards and rolling mountain views. The town hosts longstanding events like the Hungry Mother Festival and a fall chili cookoff, attracting tourists and locals alike. Marion is accessible via U.S. Route 11, Virginia State Route 16, and Interstate 81, with Bristol, Tennessee, 45 miles away and Charlotte, North Carolina, within a two-and-a-half-hour drive. Flooding can occur, as seen during Hurricane Helene in 2024.

Frequently Asked Questions

How much does it cost to rent a home in Marion, VA?
The median rent for a home in Marion, VA is $1,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Marion, VA?
To comfortably afford the median rent in Marion, VA, a household needs to earn roughly $60,000 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 $1,500 per month in Marion, VA, renters typically need to show $4,500 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, VA?
In Marion, VA, the price-to-rent ratio is 13.2, 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

Number of Homes for Rent
1
Median Rent
$1,500
Median Single Family Home Rent
$750
Median Condo Rent
$1,588
How to Rent a Home