Marion, KY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Marion short-term rental market based on reliable data.

Listings

10 / 18

Reliable / Active

Cap Rate

23%

Middle-Earners Gross Yield

Revenue

$29,084

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$126,196

Median Home Sale Price

Top Earners

$37,503

Top-Earners Revenue

Marion

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Marion.

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B

Generally Investor friendly

Marion Regulations

STRs are explicitly allowed citywide with a clear, required city license and standard safety/housing compliance; fees/renewals and reporting are moderate, with no mention of caps or severe limits. Enforcement exists but is typical, and licensing necessity prevents an A.

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About Marion

Marion is a small city in western Kentucky that serves as the county seat of Crittenden County. With a population of approximately 3,000, it carries the unhurried, small-town character typical of rural western Kentucky, where neighbors know one another and the pace of life moves with the seasons. The community has long been associated with the coal mining and agricultural heritage of the region, and today it functions mainly as a local service hub surrounded by rolling farmland, forested hills, and the nearby Ohio River. Marion sits roughly an hour's drive north of Paducah, the nearest major city, and benefits from its position along the river corridor that links Kentucky to southern Illinois and Indiana.

A focal point of local life is Fohs Hall, a historic performing arts and community venue built in the 1920s and listed on the National Register of Historic Places. The hall hosts concerts, theatrical productions, and civic events throughout the year, giving visitors a glimpse of Marion's cultural continuity and giving owners of nearby lodging a steady draw for traveling performers, audiences, and event attendees. Within a few blocks of the courthouse square, the building anchors the downtown area and reflects the small-town architectural heritage that defines the community.

The Ohio River lies just a short drive north of Marion and shapes much of the recreation in the area. Boating, fishing, and riverfront sightseeing are popular pastimes, with public access points and small marinas along the Kentucky shoreline providing gateways onto the water. The river itself is one of the defining geographical features of the region, and its banks offer scenic drives and quiet spots for visitors who prefer a slower pace.

Across the river in southern Illinois, Cave-In-Rock State Park is approximately a 30- to 40-minute drive from Marion and offers a striking natural setting along the Ohio. The park is named for a large riverside cave once used by river pirates and is known for its dramatic bluffs, picnic areas, river views, and a ferry that connects the two states during the warmer months. It is a popular day-trip destination for outdoor enthusiasts in the region.

Marion's appeal for short-term-rental owners lies in its combination of small-town character, river-country scenery, and proximity to both a larger cultural city in Paducah and the natural attractions of the Ohio River valley. Visitors who come for the quiet rural atmosphere, river recreation, or regional day trips often find that Marion offers an authentic slice of western Kentucky while remaining connected to a wider circle of destinations.

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