Downtown Marion renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Downtown Marion is about $750 per month. This puts it in the 23rd percentile compared to the city average cost of rent, which is $789. Households in Downtown Marion have a median income of $3,204 per month so the average renter in Downtown Marion is spending roughly 23% of their earnings on housing.
Nationally, and in Downtown Marion, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Marion is $71,550 right now, which is lower than nearby neighborhoods, meaning that rents in Downtown Marion also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Downtown Marion while lower rent rates are often available in central areas.
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