Cost of Living in Marion County, Iowa

$880/mo
Median Monthly Rent
$211,100
Median Home Value
8% above state averageUnaffordable

At a Glance

Median Monthly Rent
$880/mo
8% above state average
Median Home Value
$211,100
25% below national
Rent-to-Income Ratio
24.0%
% 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$880/mo
Iowa Average$812/mo
National Median$1,163/mo

Detailed Housing Stats

$880/mo
Median Gross Rent
$211,100
Median Home Value
$1,074/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Marion County, Iowa

Marion's Rents Above National Norm

Marion County renters spend 13.5% of their income on rent, slightly above the national average and tracking with Iowa's state average of 14.1%. Median income of $78,059 sits above the national median of $74,755, helping offset the higher median rent of $880.

Slightly Above Iowa Average

Marion County's 13.5% rent-to-income ratio runs just above Iowa's state average, while median rent of $880 exceeds the state average of $812 by $68. Still, solid median income of $78,059 provides a cushion compared to lower-earning counties.

Fourth-Highest Rents Regionally

Marion's median rent of $880 ranks fourth among the eight counties, notably higher than Louisa ($797) and Lucas ($738) but lower than Linn ($915) and Madison ($938). Home values of $211,100 reflect a county with moderate investment appeal.

Well-Distributed Housing Burden

Marion households earning $78,059 spend $880 on median rent (13.5% of income) or $1,074 on mortgages (16.4% of income). These ratios are reasonable, suggesting housing costs won't severely constrain other essential spending.

Marion Offers Balanced Growth

Marion County suits relocating professionals with decent income and willingness to pay moderate-to-above-average rents for community stability. The county's home values and rental costs suggest a maturing, economically sound area worth exploring.

Affordability Calculator

See how your income compares to housing costs in Marion County

$

Rent Burden

13.5%

of gross income

Max Housing (28% Rule)

$1,821

per month

Owner Cost Burden

16.5%

of gross income

You can likely afford the median home in Marion County

Median home value is $211,100. Estimated monthly cost: $1,685 vs. your max of $1,821.

Rent Affordability Guide

Your rent-to-income ratio13.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Marion County, Iowa?
Marion County, Iowa has a median monthly rent of $880/mo and a median home value of $211,100. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Marion County?
The median gross rent in Marion County is $880/mo. This is 8% above state average for Iowa.
Is Marion County affordable?
Marion County is rated Unaffordable based on rent-to-income ratio of 24.0%. 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 $880/mo is 8% above state average of $812/mo for Iowa.
What is the median home value in Marion County?
The median home value in Marion County, Iowa is $211,100. This is 25% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.