Rent to own Homes in Marion, IA
Marion has a small town feel, with a big city close by. Adjacent to Cedar Rapids, the second largest city in Iowa, residents have access to a wide variety of activities, both in the city and at home, including Marion's own Swamp Fox Festival and Parade, which celebrates the town's Revolutionary War namesake, Francis Marion, known as Swamp Fox. Crafts, live music, and a pancake breakfast mark the day.
Marion, IA is a great place for affordable rent-to-own homes! With a median household income of over $72,500 and a median rent of $724, the Marion, IA 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, IA. 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, IA Property Resources
Rent to own Homes in Cities Near Marion, IA
- Alburnett
- Amana
- Anamosa
- Atkins
- Bertram
- Cedar Rapids
- Center Point
- Central City
- Coggon
- Coralville
- East Amana
- Ely
- Fairfax
- Hiawatha
- High Amana
- Homestead
- Iowa City
- Lisbon
- Marion
- Martelle
- Middle Amana
- Mount Vernon
- Newhall
- North Liberty
- Norway
- Oxford
- Palo
- Prairieburg
- Robins
- Shellsburg
- Shueyville
- Solon
- Springville
- Stone City
- Swisher
- Tiffin
- Toddville
- University Heights
- Urbana
- Walford
- Walker
- Watkins
Neighborhoods in Marion, IA
No neighborhoods foundPopular Zip Codes in Marion, IA
52302 rent to own homesBuying a Home in Marion, IA
Marion, IA is seeing rapid growth and Marion, IA's' housing market remains optimal with an average home price that is -19% below the 2024 national average. Marion, IA is part of Linn 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 Linn is 1.38% which is above the national average, which is 0.99%.
Median Home Price in Marion, IA
Median Rent in Marion, IA
Top 6 Reasons to Live in Marion, IA
Lively art scene! The Marion Arts Festival, with live music, features over 50 performers chosen nationwide. Food vendors and a 5K race/walk are additional attractions during this big spirited one-day showcase. The second largest city in Iowa, Cedar Rapids is home to the Cedar Rapids Museum of Art, The National Czech and Slovak Museum and Library, and the renowned Paramount Theater. Marion itself is home to the Marion Heritage Center, detailing the history of the region and the town.
Culinary delights! The Uptown Marion Market, held in the warm months in City Square Park, is a one-of-a-kind food stop with locally-sourced baked goods, produce, plants, meats, and wines. In addition, there are cooking demonstrations and live entertainment.
Grand golf! Not just one but three golf courses will have you shouting "fore" Marion. Hunters Ridge Golf Course and Country Club is a public course that stretches across 400 acres. Indian Creek is a private 9-hole course duly proud of its ryegrass. Squaw Creek is a public course created by designer Herman Thompson.
Robust housing market! You can find a rent to own home in the town center neighborhood for a price lower than 68.3% of other Iowa communities. Property values here are rising, with homes appraising at 57.1% more than anywhere else in Iowa. Whether you want to live near the Legion Disc Golf Course or Boyson Park, there are plenty of growing neighborhoods to consider.
Pizza Ranch! What could be better than pizza? A ranch full of it! Saddle up and dine on options dubbed The Stampede and The Texan. Yes, there's even a dessert pizza. If you're not in the mood for pizza, try a fine beverage at the decades-old Starlite Room Tavern.
Varied housing choices! Marion is full of eclectic homes ready to rent or buy. Looking for a townhouse in Vernon View or a 1940s era single family home downtown? Perhaps a more recent construction medium-sized home in the community near Indian Creek at Tama St. would be more your style.