Cost of Living in Marion County, Florida

$1,174/mo
Median Monthly Rent
$220,800
Median Home Value

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

National Ranking

Affordability Rank

Marion County ranks #2,848 of 3,144 counties for affordability (bottom 9%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Marion County

Affordability Verdict

Housing in Marion County is affordable. The median rent is $1,174/month against a median household income of $58,535, putting rent at 24.1% of income.

Rent vs. Own

Renters in Marion County pay $1,174/month on average, compared to $806/month for homeowners. This market favors buyers by about 31%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $46,960/year. For owner costs at the 28% rule, the required income is roughly $34,543/year. With a median household income of $58,535, most households can comfortably afford rent here. Notably, 31.0% of renter households in Marion County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Sumter County where rent averages $1,225/month, Marion County is approximately 4% less expensive.

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%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,535Needed: $46,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,535Needed: $34,543
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,535Needed: $51,386

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

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.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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

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