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Housing in Marion

A typical Marion home is worth roughly $70,000

Typical home value
$70K
MO $268K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD
Median tax bill
$697
MO $1,948

What kind of housing town is Marion?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.3 years of income

Less than across Missouri (3.8 years). Try your own numbers below.

You could afford about
$207,000
Typical Marion home $70K

That covers a typical Marion home, with $138K to spare.

The typical home, each month
$420
Loan $340Tax $60Insurance $20

A two-bedroom rents for about $930 a month here, $510 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Marion’s typical property tax (1.00% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

82% of Marion households own their home

Half of Marion’s homes were built before 1971.

Owners and renters
Own 82%Rent 18%

Missouri: 68% own.

1971
typical home built · MO 1978
$697
median property tax bill · MO $1,948
1.00%
of a home’s value, a year in tax · MO 0.85%
20%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $930

Renters already here pay a median of $585, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$730
2 bedrooms$930
3 bedrooms$1,260
4 bedrooms$1,370
18%
of households rent · MO 32%
46
renter households
$585
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Mercer County, MO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Marion vs. its neighbors

Marion is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Marion$70K*—$930$53,851
Morgan$85K*—$890$59,038
Lineville$124K+12.8%$920$50,833

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Marion buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Marion still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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