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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 $258,561, higher than the Iowa average of $226,062.
The average cost of rent is $1,057/mo in Marion, primarily driven by the current value of real estate in the Marion area. In Marion, 22.18% of households rent, and 33.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $7,864 per month. Households that rent pay about 13.44% of their income on rent here. Marion’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Troy Mills, IA: higher priced homes
- Robins, IA: higher priced homes
- Hiawatha, IA: less expensive homes
- Cedar Rapids, IA: less expensive homes
- Bertram, IA: higher priced homes
- Springville, IA: equally priced homes
- Whittier, IA: higher priced homes
- Alburnett, IA: equally priced homes
- Toddville, IA: higher priced homes
- Lafayette, IA: equally priced homes
Cities with Similar Populations
- Spanish Fork, UT: higher priced homes
- Lancaster, TX: equally priced homes
- Laurel, MD: higher priced homes
- Meadow Woods, FL: higher priced homes
- Moline, IL: less expensive homes
- Morrisville, NC: higher priced homes
- North Atlanta, GA: higher priced homes
- North Augusta, SC: equally priced homes
- North Brunswick, NJ: higher priced homes
- Pahrump, NV: higher priced homes
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