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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 $406,636, higher than the Minnesota average of $345,793.
The average cost of rent is $1,666/mo in Marion, primarily driven by the current value of real estate in the Marion area. In Marion, 30.30% of households rent, and 36.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $7,837 per month. Households that rent pay about 21.26% of their income on rent here. Marion’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Predmore, MN: equally priced homes
- Simpson, MN: equally priced homes
- Golden Hill, MN: less expensive homes
- Eyota, MN: less expensive homes
- Pleasant Grove, MN: equally priced homes
- Rochester, MN: less expensive homes
- Viola, MN: higher priced homes
- Cummingsville, MN: less expensive homes
- Stewartville, MN: less expensive homes
- Dover, MN: less expensive homes
Cities with Similar Populations
- Volborg, MT: less expensive homes
- Cheyney, PA: higher priced homes
- Chiawuli Tak, AZ: less expensive homes
- Van, PA: less expensive homes
- Velie, AR: less expensive homes
- Ventucopa, CA: less expensive homes
- Vermillion, KS: less expensive homes
- Villa Grove, CO: less expensive homes
- Vinnie, KY: less expensive homes
- Chesterfield, TN: less expensive homes
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