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These days, finding an affordable place to live in the New Marion area can be challenging. Home prices in New Marion are now at a median cost of $204,954, lower than the Indiana average of $232,932.
The average cost of rent is $866/mo in New Marion, primarily driven by the current value of real estate in the New Marion area. In New Marion, 13.97% of households rent, and 41.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Marion is $5,352 per month. Households that rent pay about 16.17% of their income on rent here. New Marion’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Correct, IN: equally priced homes
- Holton, IN: higher priced homes
- Rexville, IN: equally priced homes
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- Otter Village, IN: higher priced homes
- Pierceville, IN: less expensive homes
- Butlerville, IN: equally priced homes
- Olean, IN: higher priced homes
- San Jacinto, IN: less expensive homes
- Osgood, IN: less expensive homes
Cities with Similar Populations
- East Clarendon, VT: higher priced homes
- Egypt Mills, MO: higher priced homes
- Edison, WA: higher priced homes
- Edgewater Park, OK: higher priced homes
- Eberle, IL: equally priced homes
- East Winthrop, ME: higher priced homes
- East Rodman, NY: higher priced homes
- East Rindge, NH: higher priced homes
- East Herrick, PA: equally priced homes
- East Hebron, NH: higher priced homes
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