Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Marion area can be challenging. Home prices in Marion are now at a median cost of $80,360, lower than the Alabama average of $185,232.
The average cost of rent is $560/mo in Marion, primarily driven by the current value of real estate in the Marion area. While nearly 62.32% of residents own their homes outright in Marion, 31.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $2,981 per month. Households that rent pay about 18.80% of their income on rent here. Marion's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Sprott, AL: equally priced homes
- Hamburg, AL: higher priced homes
- Levert, AL: equally priced homes
- Suttle, AL: higher priced homes
- Osborn, AL: equally priced homes
- Newbern, AL: higher priced homes
- Perryville, AL: higher priced homes
- Greensboro, AL: higher priced homes
- Summerfield, AL: higher priced homes
- Sawyerville, AL: less expensive homes
Cities with Similar Populations
- Fremont, NC: higher priced homes
- North Salem, NY: higher priced homes
- Mount Jackson, VA: higher priced homes
- Parma, MI: higher priced homes
- Richmond, VT: higher priced homes
- Rolling Hills Estates, CA: higher priced homes
- Hamilton, VA: higher priced homes
- Garland, UT: higher priced homes
- Eleva, WI: higher priced homes
- Comer, GA: higher priced homes
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