
Affordable
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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 $647,500, higher than the Oregon average of $502,078.
The average cost of rent is $1,530/mo in Marion, primarily driven by the current value of real estate in the Marion area. In Marion, 29.95% of households rent, and 15.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $8,573 per month. Households that rent pay about 17.85% of their income on rent here. Marion’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fernwood, OR: less expensive homes
- Scotts Mills, OR: equally priced homes
- Dickey Prairie, OR: less expensive homes
- Shady Dell, OR: equally priced homes
- Molalla, OR: less expensive homes
- Oaklawn, OR: higher priced homes
- St. Benedict, OR: less expensive homes
- Old Colton, OR: equally priced homes
- Hamricks Corner, OR: higher priced homes
- Monitor, OR: less expensive homes
Cities with Similar Populations
- El Paso, NM: less expensive homes
- Empire Prairie, MO: less expensive homes
- Emmons, WV: less expensive homes
- Yznaga, TX: less expensive homes
- Elmira, OH: less expensive homes
- Ella, WI: less expensive homes
- Elkinsville, IN: less expensive homes
- Elkdale, PA: less expensive homes
- Elbert, TX: less expensive homes
- Elba, LA: less expensive homes
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