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.

Check out Marion, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
512 CENTRAL AVE
Rent To Own
 
Single Family Home
Anderson, IN 46012
3
2
1202 ft2
1915
3000 N Apperson Way TRLR 407
Rent To Own
 
Single Family Home
Kokomo, IN 46901
3
2
1216 ft2
2022
5807 ARROWHEAD BLVD
Rent To Own
Indian Heights
Single Family Home
Kokomo, IN 46902
3
1
936 ft2
1960
210 S SYCAMORE ST
Rent To Own
 
Single Family Home
North Manchester, IN 46962
3
1
1475 ft2
1910
Hot
718 S MILLER AVE
Rent To Own
West Marion
Single Family Home
Marion, IN 46953
2
1
864 ft2
1951
Hot
1 of 19 4106 JOSHUA DR
Rent To Own
 
Single Family Home
Marion, IN 46953
4
3
2343 ft2
2010
Hot
1 of 5 602 E MILL ST
Rent To Own
 
Single Family Home
Summitville, IN 46070
2
2
1568 ft2
1899
4560 S 390 E
Rent To Own
 
Single Family Home
Wabash, IN 46992
4
2
2700 ft2
1925
Hot
1 of 3 702 W JACKSON ST
Rent To Own
 
Single Family Home
Alexandria, IN 46001
3
1
1600 ft2
1899
Hot
2517 N A ST
Rent To Own
 
Single Family Home
Elwood, IN 46036
2
1
1532 ft2
1940
Hot
5605 N VISTA VIEW DR
Rent To Own
 
Single Family Home
Muncie, IN 47304
3
3
1924 ft2
2004
1 of 23 1901 N SAWMILL LN
Rent To Own
 
Single Family Home
Muncie, IN 47304
5
3
4116 ft2
2006
Hot
3601 W BROOK DR
Rent To Own
Westbrier
Single Family Home
Muncie, IN 47304
3
3
2270 ft2
1960
Hot
1 of 20 909 S DEVONSHIRE RD
Rent To Own
 
Single Family Home
Yorktown, IN 47396
4
2
1776 ft2
1982
302 COTTONWOOD CT
Rent To Own
 
Single Family Home
Markle, IN 46770
3
2
1818 ft2
2022
Hot
1 of 35 125 MONTICELLO CT
Rent To Own
 
Single Family Home
Kokomo, IN 46902
3
2
2640 ft2
2018
1 of 9 514 W MAIN ST
Rent To Own
Old West End
Townhouse/Condo
Muncie, IN 47305
5
3
2077 ft2
1895
1 of 9 615 S PENN ST
Rent To Own
Industry
Single Family Home
Muncie, IN 47302
2
1
1352 ft2
1895
1 of 24 649 W STATE ST
Rent To Own
 
Single Family Home
Albany, IN 47320
3
1
1200 ft2
1890
1 of 10 1129 OAKLAND DR
Rent To Own
 
Single Family Home
Anderson, IN 46012
3
2
2032 ft2
1961
Hot
1108 NICHOL AVE
Rent To Own
 
Townhouse/Condo
Anderson, IN 46016
5
3
1869 ft2
1898
1 of 18 3005 E 1000 S
Rent To Own
 
Single Family Home
Keystone, IN 46759
4
1
2153 ft2
1975
2025 PEARL ST
Rent To Own
 
Townhouse/Condo
Anderson, IN 46016
5
2
2144 ft2
1899
8716 E Otter Dr
Rent To Own
 
Single Family Home
Selma, IN 47383
3
2
1300 ft2
1982
457 ROCKWELL AVE
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1622 ft2
2022
451 ROCKWELL AVE
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1491 ft2
2022
1 of 39 4901 S PARK RD
Rent To Own
Wildcat
Single Family Home
Kokomo, IN 46902
3
2
1777 ft2
2001
Hot
405 E BROADWAY AVE
Rent To Own
 
Single Family Home
Arcadia, IN 46030
4
2
1535 ft2
1910
776 WAXWING CT
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1799 ft2
2022
798 WAXWING CT
Rent To Own
 
Single Family Home
Roanoke, IN 46783
4
3
2549 ft2
2022
785 WAXWING CT
Rent To Own
 
Single Family Home
Roanoke, IN 46783
3
2
1844 ft2
2022
Hot
1 of 40 18879 MONARCH SPRINGS DR
Rent To Own
 
Single Family Home
Noblesville, IN 46060
4
5
5158 ft2
2005
1 of 144 10027 CIRCLEWOOD DR
Rent To Own
Southwest Fort Wayne
Single Family Home
Fort Wayne, IN 46804
5
4
3140 ft2
1961
Hot
1 of 36 176 BERKSHIRE LN
Rent To Own
North Harbour
Single Family Home
Noblesville, IN 46062
4
3
2325 ft2
1987
Hot
1 of 27 21370 CANDLEWICK RD
Rent To Own
 
Single Family Home
Noblesville, IN 46062
4
3
1920 ft2
1995
321 BEECHWOOD DR
Rent To Own
 
Townhouse/Condo
Noblesville, IN 46060
8
4
3600 ft2
1980
Hot
1 of 21 1078 LOGAN ST
Rent To Own
 
Single Family Home
Noblesville, IN 46060
3
2
2412 ft2
1900
Hot
410 S 11TH ST
Rent To Own
 
Townhouse/Condo
Noblesville, IN 46060
4
2
1450 ft2
1985
1 of 10 1523 McLaren Blvd
Rent To Own
Southwest Fort Wayne
Single Family Home
Fort Wayne, IN 46814
3
2
1848 ft2
Hot
1 of 14 17942 VILLAGE WAY
Rent To Own
Pebble Brook
Single Family Home
Noblesville, IN 46062
4
3
2310 ft2
1993
Hot
1 of 30 15493 BRACKENWOOD CT
Rent To Own
Noble West
Single Family Home
Noblesville, IN 46062
4
4
3470 ft2
2004
Hot
1 of 11 3528 SNOWDON DR
Rent To Own
 
Single Family Home
Westfield, IN 46074
4
3
4301 ft2
2018
Hot
1 of 9 4032 INDIAN HILLS DR
Rent To Own
Southwest Fort Wayne
Single Family Home
Fort Wayne, IN 46809
3
2
1344 ft2
1952
Hot
1 of 36 245 WINSLOW DR
Rent To Own
Countryside
Single Family Home
Westfield, IN 46074
3
3
2515 ft2
2002
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Buying 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

Rent to own homes offer low monthly payments and flexible terms.

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.