Rent in Marion, IN
Across Marion's 2 ZIP codes, a 2-bedroom typically rents for about $856 a month, with figures from $799–$1,014. The highest typical rent is in 46952 ($913) and the lowest in 46953 ($799). Owner-occupied homes in Grant County pay about 0.72% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $748 | $748 | 2 |
| 1 bed | $633 | $534–$804 | 2 |
| 2 beds | $856 | $799–$1,014 | 2 |
| 3 beds | $1,005 | $933–$1,329 | 2 |
| 4 beds | $1,318 | $1,148–$1,488 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Marion ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Marion, IN?
- About $856 a month: the median of the typical rents in 2 ZIP codes, which range from $799–$1,014. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Marion, IN?
- About $633 a month: the median of the typical rents in 2 ZIP codes, which range from $534–$804. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Marion, IN?
- About $1,005 a month: the median of the typical rents in 2 ZIP codes, which range from $933–$1,329. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Marion, IN?
- About $748 a month: the median of the typical rents in 2 ZIP codes, which range from $748. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Marion, IN?
- About $1,318 a month: the median of the typical rents in 2 ZIP codes, which range from $1,148–$1,488. Figures are gross rent (rent plus tenant-paid utilities).
- Which Marion ZIP code has the highest rent?
- For a 2-bedroom, 46952 has the highest typical rent at $913 a month, and 46953 the lowest at $799.
- What is the property tax rate in Marion, IN?
- Owner-occupied homes in Grant County pay a typical 0.72% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Marion rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).