
Cheap Homes for Rent in Marion, IN from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Marion.


801 W 10th St

805 N Washington St

362 W 5th St

1515 S Miller Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

816 S Boots St

426 1/2 E Market St

1912 N Apperson Way

1515 S Miller Ave

701 E Walnut St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $841 | $550 | $995 |
| Marion 3 Bedroom Homes for Rent | $1,348 | $467 | $2,875 |
| Marion 4 Bedroom Homes for Rent | $1,447 | $1,400 | $1,495 |
| Marion 5 Bedroom Homes for Rent | $1,812 | $1,425 | $2,200 |
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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 1 Bed unit found at MAPLE CREST priced from $715. Pechewa Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here is today’s list of the most affordable Marion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MAPLE CREST | Studio | 1BR,1BA | $715 |
| Pechewa Place | Upstairs 1 Bedroom | 1BR,1BA | $729 |
| Noble View Estates | Tudor E | 2BR,1BA | $760 |
Best Value Apartments for Rent in Marion, IN
As of July 28, 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 Two Bedroom Model at Somerset Apartments starting at $913 with a $0.74 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. |
|---|---|---|---|
| 916 W 3rd St, Unit A | 916 W 3rd St | 2BR,1BA | $0.67 |
| 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 |
| Noble View Estates | Tudor E | 2BR,1BA | $0.85 |
| Turnberry Square Apartments | 2x2A | 2BR,2BA | $1.24 |
| UB Lofts | One Bedroom | 1BR,1BA | $1.21 |
| The Annex of Kokomo | 2 Bed 2 Bath | 2BR,2BA | $0.84 |
| 102 S F St, Unit 102 and half | 102 S F St | 1BR,1BA | $1.04 |
| 116 S G St | 116 S G St | 2BR,1BA | $1.12 |
| 1220 S Washington St, Unit B | 1220 S Washington St | 1BR,1BA | $1.12 |
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
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Best Local Schools in Marion, IN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Marion
What type of rentals are currently available in Marion?
There are currently 76 Apartments for Rent in Marion, IN with pricing that ranges from $449 to $2,483. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marion ranging from $467 to $2,875.
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 $467 to $2,875 with an average monthly rent of $1,175.
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 $490 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $467 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,400 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.