The Most Affordable Neighborhoods in Downtown Marion, Marion, OH by Home Value

 

Downtown Marion, Marion, OH Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Downtown Marion area can be challenging. Home prices in Downtown Marion are now at a median cost of $99,381, lower than the Marion average of $152,193.

The average cost of rent is $873/mo in Downtown Marion, primarily driven by the current value of real estate in the Downtown Marion area. In Downtown Marion, 51.69% of households rent, and 47.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Marion is $4,361 per month. Households that rent pay about 20.01% of their income on rent here. Downtown Marion’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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