Home Price Key
Affordable
Average
Expensive
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 $145,852, lower than the South Dakota average of $199,518.
The average cost of rent is $722/mo in Marion, primarily driven by the current value of real estate in the Marion area. While nearly 53.49% of residents own their homes outright in Marion, 20.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $5,470 per month. Households that rent pay about 13.20% of their income on rent here. Marion's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Monroe, SD: higher priced homes
- Dolton, SD: higher priced homes
- Parker, SD: higher priced homes
- Freeman, SD: less expensive homes
- Turkey Ridge, SD: higher priced homes
- Hurley, SD: equally priced homes
- Spring Valley, SD: equally priced homes
- Stanley Corner, SD: higher priced homes
- Canistota, SD: equally priced homes
- Rumpus Ridge, SD: higher priced homes
Cities with Similar Populations
- Adams, NE: higher priced homes
- Shannon, IL: higher priced homes
- Selma, MO: higher priced homes
- Sardis, TN: less expensive homes
- Sanford, CO: less expensive homes
- Russell, IA: less expensive homes
- Rheems, PA: higher priced homes
- Point Venture, TX: higher priced homes
- Muldraugh, KY: less expensive homes
- Mount Desert, ME: higher priced homes
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