
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 $166,595, lower than the Virginia average of $443,089.
The average cost of rent is $725/mo in Marion, primarily driven by the current value of real estate in the Marion area. In Marion, 36.81% of households rent, and 55.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion is $4,212 per month. Households that rent pay about 17.22% 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
- Seven Mile Ford, VA: less expensive homes
- Attoway, VA: less expensive homes
- Stony Battery, VA: less expensive homes
- Page Hollow, VA: less expensive homes
- Atkins, VA: less expensive homes
- Chilhowie, VA: less expensive homes
- Sugar Grove, VA: less expensive homes
- Nebo, VA: higher priced homes
- Chatham Hill, VA: less expensive homes
- Loves Mill, VA: equally priced homes
Cities with Similar Populations
- Burkburnett, TX: equally priced homes
- Canyon Lake, CA: higher priced homes
- Campton Hills, IL: higher priced homes
- Camp Verde, AZ: higher priced homes
- Camden, DE: higher priced homes
- Callaway, FL: higher priced homes
- Calimesa, CA: higher priced homes
- California, MD: higher priced homes
- Cahokia, IL: less expensive homes
- Byhalia, MS: higher priced homes
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