610 S Gallatin St
MarionIN46953
Cheap Homes for Rent in Marion, IN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Marion.
805 N Washington St
MarionIN46952
362 W 5th St
PeruIN46970
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$6751 Bedroom Apartments Available Now
1024 Marion
1024 MarionMarion, IN 46953
314 E Walnut St
KokomoIN46901
723 W Jefferson St
KokomoIN46901
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.
521 W Franklin St
Hartford CityIN47348
816 S Boots St
MarionIN46953
426 1/2 E Market St
HuntingtonIN46750
809 N Webster St
KokomoIN46901
1710 S Market St
KokomoIN46902
1708 S Market St
KokomoIN46902
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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Marion, IN 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 | $913 | $775 | $1,200 |
| Marion 3 Bedroom Homes for Rent | $1,176 | $711 | $1,500 |
| Marion 4 Bedroom Homes for Rent | $1,440 | $1,440 | $1,440 |
| Marion 5 Bedroom Homes for Rent | $1,125 | $1,125 | $1,125 |
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Marion, IN Local Guide
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Cheapest Available Marion Apartments for Rent
The cheapest available apartment rental in Marion, IN is a 4 Beds unit found at University Village in the Westacres neighborhood priced from $514. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $514 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| Applegate | Studio Open - 288 sqft | Studio,1BA | $610 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| The Macy Apartments | Studio Unfurnished | Studio,1BA | $750 |
Best Value Apartments for Rent in Marion, IN
As of June 11, 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 4BD/2BA Furnished Premium Model at University Village starting at $514 with a $0.39 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 916 W 3rd St, Unit A | 916 W 3rd St | 2BR,1BA | $0.67 |
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $0.39 |
| Somerset Apartments | Two Bedroom | 2BR,1.5BA | $0.74 |
| 124 West 39th Street, Unit Upper Level 2 Bedroom Unit | 124 West 39th Street | 2BR,1BA | $0.85 |
| Hunters Run | The Meadow | 2BR,1BA | $1.11 |
| Beckford Place Apartments | 2 Bedroom | 2BR,1BA | $0.87 |
| Park Forest Apartments | 2 Bedroom | 2BR,1BA | $1.06 |
| 116 S G St, Unit C | 116 S G St | 2BR,1BA | $1.00 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.73 |
| 102 S F St, Unit 102 and half | 102 S F St | 1BR,1BA | $1.04 |
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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Real 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.
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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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Marion, IN Rentals by Map
See the most popular apartments and homes in Marion, IN
Frequently Asked Questions about Marion
What type of rentals are currently available in Marion?
There are currently 71 Apartments for Rent in Marion, IN with pricing that ranges from $449 to $930,980. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marion ranging from $530 to $1,500.
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 $530 to $1,500 with an average monthly rent of $1,043.
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 $525 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $711 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,440 and Four Bedroom Apartments start at $449.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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.