Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Marion County area can be challenging. Home prices in Marion County are now at a median cost of $233,852, higher than the Indiana average of $232,932.
The average cost of rent is $1,288/mo in Marion County, primarily driven by the current value of real estate in the Marion County area. In Marion County, 43.45% of households rent, and 34.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion County is $6,256 per month. Households that rent pay about 20.58% of their income on rent here. Marion County’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Hendricks County, IN: higher priced homes
- Hancock County, IN: higher priced homes
- Rush County, IN: less expensive homes
- Putnam County, IN: equally priced homes
- Fayette County, IN: less expensive homes
- Parke County, IN: less expensive homes
- Wayne County, IN: less expensive homes
- Union County, IN: less expensive homes
- Vermillion County, IN: less expensive homes
- Preble County, OH: less expensive homes
Counties with Similar Populations
- Wayne County, MI: less expensive homes
- Palm Beach County, FL: higher priced homes
- Oakland County, MI: higher priced homes
- Franklin County, OH: higher priced homes
- Nassau County, NY: higher priced homes
- New York County, NY: higher priced homes
- Duval County, FL: higher priced homes
- Bronx County, NY: higher priced homes
- Honolulu County, HI: higher priced homes
- Mecklenburg County, NC: higher priced homes
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