Cheap Apartments for Rent in Marion, IN from $300 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Marion.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Summit Village
1 to 3 Bedroom Apartments

Summit Village

246 N 500 EMarion, IN 46952
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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2930 Albright
1 to 2 Bedroom Apartments

2930 Albright

2930 Albright RdKokomo, IN 46902
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lincolnwood Apartments
1 to 4 Bedroom Apartments

Lincolnwood Apartments

2101 Mark LnKokomo, IN 46902
  • Utilities Included
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Marion, IN Local Guide

Cheapest Available Marion Apartments for Rent

 

The cheapest available apartment rental in Marion, IN is a 1 Bed unit found at Senior Living 55+ - Historic Gallatin Square priced from $379. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here is today’s list of the most affordable Marion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Senior Living 55+ - Historic Gallatin SquareOne Bedroom1BR,1BA$379
The Haven4x44BR,4BA$565
The Annex of Kokomo3 bed 3 Bath3BR,3BA$572
Your new home awaits!1 Bedroom1BR,1BA$650
ApplegateStudio - 288 sqftStudio,1BA$674

Best Value Apartments for Rent in Marion, IN

As of March 04, 2026 the best value apartment in the Marion area is the $0.67 price per square foot 916 W 3rd St Model at 916 W 3rd St, Unit A in the starting from $900. The second greatest value Marion apartment is the 2BD/2BA Furnished Premium Model at University Village starting at $809 with a $0.62 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Marion apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
916 W 3rd St, Unit A916 W 3rd St2BR,1BA$0.67
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Somerset ApartmentsTwo Bedroom2BR,1.5BA$0.65
Noble View EstatesWales G3BR,1.5BA$0.87
Thomas Jefferson Park2 Bedroom2BR,1.5BA$0.77
124 West 39th Street, Unit Upper Level 2 Bedroom Unit124 West 39th Street2BR,1BA$0.90
Hunters RunThe Meadow2BR,1BA$0.95
Senior Living 55+ - Historic Gallatin SquareTwo Bedroom2BR,1BA$0.77
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.82
110 W 13th St, Unit .5110 W 13th St1BR,1BA$0.88

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Best Local Schools in
Marion, IN

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Marion Apartments

What is the Cheapest Studio apartment in Marion?

Currently the most affordable Cheap Studio Apartment in Marion is at Applegate listed at $674.

How much is rent for a Cheap One Bedroom Marion Apartment?

The lowest price for a Cheap One Bedroom Marion Apartment is $379 at Senior Living 55+ - Historic Gallatin Square.

What is the lowest price for a Cheap Two Bedroom Marion Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Marion is starting from $720 at The Haven.

What is the most affordable Marion Three Bedroom Apartment?

The best deal on a cheap Marion Three Bedroom Apartment rental is at The Annex of Kokomo and starts from $572.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.