Rent to own Homes in Marion, IN
Marion, the county seat of Grant County, Indiana, was established in 1831 on 60 donated acres of land. Only 19 years earlier, during the War of 1812, the local river was the site of the infamous Battle of Mississinewa. Today, the city is home to 30,000 people, many of whom enjoy reenacting the battle annually. Mississinewa 1812 is the largest war reenactment festival in the entire United States.
Marion, IN is a great place for affordable rent-to-own homes! With a median household income of over $35,252 and a median rent of $685, the Marion, IN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Marion, IN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Marion, IN Property Resources
Rent to own Homes in Cities Near Marion, IN
- Alexandria
- Anderson
- Arcadia
- Cadiz
- Charlottesville
- Chesterfield
- Cicero
- Country Club Heights
- Daleville
- Eaton
- Edgewood
- Elwood
- Fairmount
- Fishers
- Fortville
- Fowlerton
- Frankton
- Gaston
- Greenfield
- Greensboro
- Indianapolis
- Ingalls
- Kennard
- Knightstown
- Lapel
- Lawrence
- Markleville
- Matthews
- McCordsville
- Middletown
- Mount Summit
- Muncie
- New Castle
- Noblesville
- Orestes
- Pendleton
- Point Isabel
- River Forest
- Shirley
- Spiceland
- Springport
- Sulphur Springs
- Summitville
- Wilkinson
- Windfall
- Woodlawn Heights
- Yorktown
Neighborhoods in Marion, IN
The Village rent to own homes Frances Slocum rent to own homes South Marion rent to own homes Home Corner rent to own homes Downtown Marion rent to own homes Sunnywest rent to own homes Marion Downtown Commercial Historic District rent to own homes Laural Valley rent to own homes College Park rent to own homes Center City rent to own homesPopular Zip Codes in Marion, IN
46953 rent to own homesBuying a Home in Marion, IN
Marion, IN is seeing rapid growth and Marion, IN's' housing market remains optimal with an average home price that is -68% below the 2024 national average. Marion, IN is part of Grant county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Grant is 0.88% which is below the national average, which is 0.99%.
Median Home Price in Marion, IN
Median Rent in Marion, IN
Top 5 Reasons to Live in Marion, Indiana
Christmas City, USA! It's official: Marion is truly Christmas City, USA. The city's Chamber of Commerce has been working with local business and community members. The annual Christmas Parade is held on the Saturday before Thanksgiving every year and the town is given a holiday makeover that features on books and postcards.
Beautiful homes for every budget! When it comes to house hunting or finding the perfect rent to own houses in Marion, there's really a property and price tag to suit everyone. From three-bedroom, two-bath houses next to Matter Park to the 1,300-square-foot bungalows along Nebraska Street, you're sure to find your ideal home here in Marion. Home prices start at an unbelievable $12,000 per three-bedroom home, and stretch to only about $200,000.
Great rentals! Just like the homes for sale, rental accommodations in this city are great value for the money. You'll find wonderful three-bedroom houses and other dwellings for rent along the Mississinewa River for a surprisingly low price. For studios and one-bedroom apartments, start your search along West Delphi Avenue. Don't be surprised if you find rental homes that cost less than $400 per month! Average costs here are between $350 and $600.
Plenty of job opportunities! Marion and Grant County are an active manufacturing hub, meaning that there are many opportunities for entry-level employment as well as upwardly-mobile careers. Paper plates, car parts, wires, cables and machinery are just some products made in Marion factories today. Ferrellgas, Railcrew Xpress and Transam Trucking are just a few local employers offering jobs. Looking for something a little more agricultural? Marion is a part of the Corn Belt, so you're welcome to join in and start growing corn or soybeans!
It's an Indiana Stellar Community finalist! Marion is a proactive community, focused on keeping its homes and businesses attractive and stable for generations to come. In addition to being listed one of the 2014 Indiana Stellar Community finalists, Marion was granted money from the state of Indiana to use in the removal of blighted buildings. Residents are confident that Marion's officials respect and maintain the community's environmental and natural attractions, including Crab Orchard Creek and Pyramid Park.