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Why Live in Marion

Marion, a neighborhood in Rensselaer, Indiana, features a mix of Cape Cods, cottages, Folk-style homes, and American Foursquares, with some converted into multifamily properties. Ranch-style and split-level homes with two-car garages are found further from the center, while farmhouses and large tracts of land are available but rare. The area is served by the Rensselaer Central Schools Corporation, with Van Rensselaer Elementary School and Rensselaer Central Middle School both receiving high ratings. Parks like Bicentennial, Iroquois, and Potawatomi are connected by a walking trail along the Iroquois River, and Brookside Park hosts baseball tournaments. Foundation Park is popular for Saturday morning soccer games. For indoor activities, Fountain Stone Theaters offers daily screenings, and Bazz's Roller Rink has been a weekend staple for over 70 years. Downtown Rensselaer boasts locally owned businesses, including eMbers Station Bistro & Bar and Fenwicks Farms Brewing Company. The Rensselaer Public Library serves as a community hub with various activities, and the JC Cruisers car club hosts an annual summer event at Brookside Park. The Jasper County Fair in July features fair food, a demolition derby, and live music. Residents can use the Jasper County Community Service bus for transportation, and Amtrak’s Cardinal line stops at Rensselaer Station. Major surgeries are typically handled in Merrillville or Lafayette, though Franciscan Health Rensselaer provides emergency services. The neighborhood has a lower crime risk compared to the national average, contributing to its appeal for potential homebuyers.

Marion Home Prices vs. Nearby Rensselaer, IN Neighborhoods

Marion Newton Barkley Jordan
Median Home Price
$344,000
$357,500
$279,900
$425,000
Median Sale Price
$320,000
+12% YoY
$330,000
-8% YoY
$252,500
-52% YoY
$407,500
+16% YoY
Median Single Family Price
$320,000
$342,500
$240,000
$407,500
Total Active Listings
0
4
1
0
Market Conditions
0 Months of Supply
Seller's Market
10 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market

Frequently Asked Questions

Is Marion a good place to live?
Marion is a good place to live. Marion is considered very car-dependent and somewhat bikeable. Marion is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Marion has 3 parks for recreational activities. It is sparse in population with 1.0 people per acre and a median age of 45. The average household income is $104,269 which is below the national average. College graduates make up 13.3% of residents. A majority of residents in Marion are home owners, with 16% of residents renting and 84% of residents owning their home. A local real estate agent serving Marion can help you decide if this neighborhood is the right one for you. Learn more on our Marion neighborhood guide.
Is Marion, IN a safe neighborhood?
Marion, IN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Marion?
The median home price in Marion is $344,000. If you put a 20% down payment of $68,800 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,770 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $76K a year to afford the median home price in Marion. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Marion is $104K.
What are the best public schools in Marion?
The best public schools that serve Marion are:
What are the most popular zip codes in Marion, Rensselaer, IN?
The most popular zip codes in Marion, Rensselaer, IN include 47978, 47995, 47959, 47963 and 47943.
What are the most popular neighborhoods near Marion, Rensselaer, IN?
The most popular neighborhoods near Marion, Rensselaer, IN are Barkley, Newton, Union-Jasper Co, Carpenter and Walker.
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