Cost of Living in Marion County, Florida

$1,174/mo
Median Monthly Rent
$220,800
Median Home Value
5% below state averageUnaffordable

At a Glance

Median Monthly Rent
$1,174/mo
5% below state average
Median Home Value
$220,800
22% below national
Rent-to-Income Ratio
31.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Marion County Compares

Median monthly rent comparison

Marion County$1,174/mo
Florida Average$1,233/mo
National Median$1,163/mo

Detailed Housing Stats

$1,174/mo
Median Gross Rent
$220,800
Median Home Value
$806/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Marion County, Florida

Marion's rent burden sits slightly above national norms

Marion County residents spend 24.1% of their income on rent, compared to a national median of roughly 28-30% for renters—positioning the county as relatively affordable nationwide. However, the median household income of $58,535 lags nearly $16,000 behind the national median of $74,755, meaning renters stretch smaller paychecks further.

Marion ranks mid-tier in Florida affordability

With a rent-to-income ratio of 24.1%, Marion sits just slightly above Florida's state average of 22.5%, placing it roughly in the middle of the state's 67 counties for rental affordability. The median gross rent of $1,174 is competitive, running $59 below the state average.

Outpaced by wealthier Central Florida peers

Marion's median rent of $1,174 undercuts Orange County ($1,675) and Okaloosa ($1,475), but the county's lower household income means residents feel the pinch more acutely. Compared to its northern neighbor Nassau County ($1,335 rent, $88,900 income), Marion offers cheaper housing but with significantly lower earning power.

Rent claims a quarter of Marion paychecks

A typical Marion renter earning $58,535 annually pays $1,174 monthly in rent—consuming 24.1% of gross income. Homeowners fare better, with median owner costs of $806 per month, or about 16.5% of income.

Consider Marion for rural affordability

If you're relocating from pricier Florida markets and value cost of living, Marion County offers affordable rents and modest home values around $220,800. Compare this county's stability against Orange County's higher costs but greater job diversity to make the best choice for your budget and career.

Affordability Calculator

See how your income compares to housing costs in Marion County

$

Rent Burden

24.1%

of gross income

Max Housing (28% Rule)

$1,366

per month

Owner Cost Burden

16.5%

of gross income

The median home in Marion County may be a stretch

Median home value is $220,800. Estimated monthly cost: $1,763 vs. your max of $1,366.

Rent Affordability Guide

Your rent-to-income ratio24.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Marion County, Florida?
Marion County, Florida has a median monthly rent of $1,174/mo and a median home value of $220,800. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Marion County?
The median gross rent in Marion County is $1,174/mo. This is 5% below state average for Florida.
Is Marion County affordable?
Marion County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Marion County's rent compare to the state average?
Marion County's median rent of $1,174/mo is 5% below state average of $1,233/mo for Florida.
What is the median home value in Marion County?
The median home value in Marion County, Florida is $220,800. This is 22% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Marion County, Florida? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Marion County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.