Cost of Living in Marion County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Marion County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Marion County ranks #2,549 of 3,142 counties for affordability (bottom 19%)
Sourced county brief
Marion County Official GRAPI Reaches 30.5 Percent
The official gross rent as a percentage of household income (GRAPI) in Marion County was estimated at 30.5 percent according to the latest ACS 5-year data. This official B25071 estimate is 3.6 percentage points higher than the Indiana unweighted county mean of 26.9 percent. Renters in the county faced a median gross rent of $1,153 per month, which is above the state unweighted county mean of $911 per month. For those in owner-occupied units, the median selected monthly owner cost was $1,183, exceeding the state unweighted county mean of $951. The median home value in the county was $224,000, while the Indiana unweighted county mean was $191,899. Median renter-household income was recorded at $45,770. These statistics are part of the ACS 2020-2024 5-Year Estimates. All financial figures are presented verbatim from Census Bureau records and provide a snapshot of costs. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Marion County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.5% of renter household income in Marion County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,153 per month; median selected monthly owner costs are $1,183. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $46,120 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Indiana unweighted mean of county median rents is $911 per month. Marion County's $1,153 median is 26.6% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Marion County
Rent Burden
20.9%
of gross income
Max Housing (28% Rule)
$1,548
per month
Owner Cost Burden
21.4%
of gross income
The median home in Marion County may be a stretch
Median home value is $224,000. Estimated monthly cost: $1,788 vs. your max of $1,548.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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