Cheap Apartments for Rent in Marion, IN from $300 (27 Rentals)

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Summit Village
2 to 3 Bedroom Apartments

Summit Village

246 N 500 EMarion, IN 46952
  • Utilities Included

Marion, IN Local Guide

Cheapest Neighborhoods for Apartments in Marion, IN

Pricing Updated: 03/21/2025

Current apartment rentals in the Marion, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Marion Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Marion Apartments for Rent

 

The cheapest available apartment rental in Marion, IN is a 2 Beds unit found at Historic Gallatin Square priced from $357. University Village in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $385. Here is today’s list of the most affordable Marion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Gallatin SquareTwo Bedroom2BR,1BA$357
University Village4BD/2BA Unfurnished Premium4BR,2BA$385
The Haven4x44BR,4BA$510
Somerset ApartmentsOne Bedroom1BR,1BA$675
ApplegateStudioStudio,1BA$679
SOMERSET VILLAGE APARTMENTS1BR/1.0BA1BR,1BA$690
Turtle Creek ApartmentsStudioStudio,1BA$695

Best Value Apartments for Rent in Marion, IN

As of March 21, 2025 the best value apartment in the Marion area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Marion apartment is the 2BR/1.0BA Model at Granton Place Apartments starting at $850 with a $0.73 price per square foot . Here is today’s list of the best values for Marion apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Granton Place Apartments2BR/1.0BA2BR,1BA$0.73
Woods Edge2x12BR,1BA$0.94
FIELDCREST APARTMENTS2 bedroom2BR,1BA$0.88
123 W 20th St123 W 20th St2BR,1BA$0.96
Somerset ApartmentsOne Bedroom1BR,1BA$0.93
The Annex of Kokomo2 Bed 2 Bath2BR,2BA$0.92
102 S F St, Unit 102 and half102 S F St1BR,1BA$0.89
116 S G St, Unit C116 S G St2BR,1BA$1.03
Historic Gallatin SquareOne Bedroom1BR,1BA$0.71

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Location, Location, Location!

Explore Marion, IN Rentals by Map

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Getting Around Marion, IN

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Marion Apartments

What is the Cheapest Studio apartment in Marion?

Currently the most affordable Cheap Studio Apartment in Marion is at Applegate listed at $679.

How much is rent for a Cheap One Bedroom Marion Apartment?

The lowest price for a Cheap One Bedroom Marion Apartment is $357 at Historic Gallatin Square.

What is the lowest price for a Cheap Two Bedroom Marion Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Marion is starting from $357 at Historic Gallatin Square.

What is the most affordable Marion Three Bedroom Apartment?

The best deal on a cheap Marion Three Bedroom Apartment rental is at University Village and starts from $539.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.