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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 $127,563, lower than the Kentucky average of $219,615.
The average cost of rent is $747/mo in Marion, primarily driven by the current value of real estate in the Marion area. In Marion, 22.66% of households rent, and 62.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $4,002 per month. Households that rent pay about 18.68% of their income on rent here. Marion’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Crayne, KY: equally priced homes
- Piney Fork, KY: higher priced homes
- Repton, KY: higher priced homes
- Mexico, KY: less expensive homes
- Sheridan, KY: less expensive homes
- Tribune, KY: higher priced homes
- Mattoon, KY: higher priced homes
- Enon, KY: equally priced homes
- Salem, KY: less expensive homes
- Flat Rock, KY: equally priced homes
Cities with Similar Populations
- York Haven, PA: higher priced homes
- Sweeny, TX: higher priced homes
- North Street, MI: higher priced homes
- Nottingham, PA: higher priced homes
- Nottingham, NH: higher priced homes
- Norwood, PA: higher priced homes
- Norwood, NJ: higher priced homes
- Norwood, NC: higher priced homes
- Norway, ME: higher priced homes
- Norton, VA: equally priced homes
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