Marion, SC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

18 / 41

Reliable / Active

Cap Rate

17%

Middle-Earners Gross Yield

Revenue

$26,094

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$155,446

Median Home Sale Price

Top Earners

$35,393

Top-Earners Revenue

Marion

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Marion.

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C

Challenging to Investors

Marion Regulations

Marion treats STRs under NAICS lodging categories, so STRs are permissible primarily as hotels/motels in limited commercial zones; residential districts generally prohibit lodging uses and require conditional-use B&B approval in select areas. There is no dedicated city STR permit/license program, forcing investors to navigate zoning approvals, building/fire inspections, business licensing, and state/local tax registrations without a clear, streamlined STR pathway. The uncertainty around use eligibility and compliance steps raises investor risk despite the absence of hard caps and an overall neutral tone.

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About Marion

Marion, South Carolina, sits in the northeastern corner of the state as the seat of Marion County. The city has a population of roughly 6,000 and carries a quiet, small-town atmosphere rooted in its agricultural and timber heritage. It serves as a natural gateway to the Pee Dee region and to South Carolina's Atlantic coast, with Florence about 20 miles to the west and Myrtle Beach roughly an hour's drive to the south.

Little Pee Dee State Park lies a short drive from Marion and offers a quiet retreat along the Little Pee Dee River. The park features a lake for fishing and paddling, miles of hiking trails, and a campground that draws visitors seeking an easy escape into nature.

Florence, the nearest major commercial hub, is about a 25-minute drive west on US-76. As the largest city in the Pee Dee region, Florence provides Marion's visitors with shopping centers, restaurants, healthcare facilities, and access to I-95. The city also hosts Francis Marion University and a growing downtown with local eateries and shops that complement a day trip from Marion.

Darlington Raceway, one of NASCAR's most storied tracks, is about 35 miles northwest of Marion. Race weekends at the "Track Too Tough to Tame" bring a major influx of visitors to the Pee Dee region each spring, often looking for affordable lodging away from the track itself. The surrounding countryside and the Great Pee Dee River, which winds through Marion County, also offer fishing, kayaking, and scenic riverfront spots for those seeking a slower pace between larger destinations.

Marion's combination of small-town character, affordable lodging base, and proximity to both inland outdoor recreation and the Atlantic coast makes it a practical option for short-term rental investors. Visitors drawn to Myrtle Beach's beaches, Darlington's racing heritage, or the Pee Dee's quiet outdoor escapes often find the city a convenient and welcoming home base, well-positioned for travelers who want a little more space and a lot more value than the coastal hotels typically offer.

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