
Cheap Homes for Rent in Marion, IL from $700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Marion.


100 Parkview Ln

317 E Mill St

500 E College St

50 Orchard Dr

500 S Washington St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

501 E Reeves St

513 S Ash St

711 S Poplar St

1009 Briarwood Rd

118 Elles Ave

402 S Bentley St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

103 N Russell St

1500 E Parham St

1305 W Copeland St

1005 E Carter St

3 Briarwood Rd

208 Wild Rose Ln, Unit A
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

217 Red Row, Unit B

216 S Pecan St
Marion, IL Local Guide

How much does it cost to rent a home in Marion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Marion 2 Bedroom Homes for Rent | $1,090 | $800 | $2,200 |
| Marion 3 Bedroom Homes for Rent | $1,544 | $1,000 | $2,200 |
| Marion 4 Bedroom Homes for Rent | $2,575 | $2,300 | $2,850 |
Browse Top Homes for Rent in Marion
Explore Marion
Marion, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Marion Apartments for Rent
 The cheapest available apartment rental in Marion, IL is a Studio unit found at Campus Edge priced from $450. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. Here is today’s list of the most affordable Marion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Edge | Studio | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $495 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
Best Value Apartments for Rent in Marion, IL
As of June 05, 2026 the best value apartment in the Marion area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr in the starting from $1,600. The second greatest value Marion apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Marion apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Brookside Apartments | 3 Bedroom | 3BR,1BA | $1.05 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesapeake | B1 | 2BR,1BA | $1.01 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $1.19 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Marion, IL Rentals by Map
See the most popular apartments and homes in Marion, IL
Frequently Asked Questions about Marion
What type of rentals are currently available in Marion?
There are currently 66 Apartments for Rent in Marion, IL with pricing that ranges from $295 to $2,300. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marion ranging from $700 to $2,850.
What is the current price range for Rental Homes in Marion?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Marion ranges from $700 to $2,850 with an average monthly rent of $1,497.
How much are larger Three and Four Bedroom Rentals in Marion?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Marion range from $650 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $295.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.