Marion, IN Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Marion, IN
The median asking rent in Marion, IN is $1,200 as of June 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $85,236, that rent level prices Marion, IN at a 14.75% gross rental yield — compared with 9.42% across Indiana.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Marion, IN rent and rental yield comparison
The current Marion, IN baseline is $1,200 median asking rent and 14.75% gross rental yield. Compare rent, yield, and home values with selected Indiana metros, then open a public report or Rental Insights for property-level follow-up.
Indianapolis-Carmel-Greenwood, IN
Indianapolis-Carmel-Greenwood, IN median asking rent is $1,875, $675 (56.3%) higher than the $1,200 median asking rent in Marion, IN.
- Median rent
- $1,875
- Gross yield
- 8.82%
- Avg home value
- $284,833
Louisville/Jefferson County, KY-IN
Louisville/Jefferson County, KY-IN median asking rent is $1,722, $522 (43.5%) higher than the $1,200 median asking rent in Marion, IN.
- Median rent
- $1,722
- Gross yield
- 9.73%
- Avg home value
- $230,847
Chicago-Naperville-Elgin, IL-IN
Chicago-Naperville-Elgin, IL-IN median asking rent is $1,650, $450 (37.5%) higher than the $1,200 median asking rent in Marion, IN.
- Median rent
- $1,650
- Gross yield
- 11.71%
- Avg home value
- $213,124
Terre Haute, IN
Terre Haute, IN median asking rent is $1,125, $75 (6.3%) lower than the $1,200 median asking rent in Marion, IN.
- Median rent
- $1,125
- Gross yield
- 12.98%
- Avg home value
- $83,210
South Bend-Mishawaka, IN-MI
South Bend-Mishawaka, IN-MI median asking rent is $1,400, $200 (16.7%) higher than the $1,200 median asking rent in Marion, IN.
- Median rent
- $1,400
- Gross yield
- 12.79%
- Avg home value
- $129,370
Muncie, IN
Muncie, IN median asking rent is $1,250, $50 (4.2%) higher than the $1,200 median asking rent in Marion, IN.
- Median rent
- $1,250
- Gross yield
- 13.17%
- Avg home value
- $132,526
Kokomo, IN
Kokomo, IN and Marion, IN both have a $1,200 median asking rent.
- Median rent
- $1,200
- Gross yield
- 12.23%
- Avg home value
- $139,789
Peru, IN
Peru, IN median asking rent is $1,050, $150 (12.5%) lower than the $1,200 median asking rent in Marion, IN.
- Median rent
- $1,050
- Gross yield
- 15.71%
- Avg home value
- $70,250
Marion, IN rent and yield FAQ
Quick answers based on the latest Marion, IN rental listing and transaction data.
What is the average rent in Marion, IN?
As of June 2026, the median asking rent in Marion, IN is $1,200. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Marion, IN?
Marion, IN currently prices at a 14.75% gross rental yield, versus 9.42% across Indiana. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Marion, IN market context to property-level screening
Open Rental Insights with Marion, IN selected, then pair the yield signal with investor activity and rental data workflows.