Cheap Apartments for Rent in Muncie, IL from $500 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Muncie.

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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801
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Townway Place
1 to 2 Bedroom Apartments

Townway Place

2730 Townway RdDanville, IL 61832
  • Utilities Included
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Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
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Showing Results 1-39, Page 1 of 1

Muncie, IL Local Guide

Cheapest Available Muncie Apartments for Rent and Nearby

 

The cheapest available apartment rental in Muncie, IL is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Muncie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Brunswick ApartmentsStudioStudio,1BA$625
The Grove1 Bed 1 Bath1BR,1BA$726
106 N gregory1 bed1BR,1BA$735
808 N Lincoln Ave1 bed1BR,1BA$795
Town and CountryDanbury1BR,1BA$845
Devonshire Village1 Bed 1 Bath1BR,1BA$849
202 E Crockett2 Bedroom2BR,1BA$945
Eastland ApartmentsStudio ApartmentStudio,1BA$950
Aspen CourtThe Sugar Maple2BR,1BA$950

Best Value Apartments for Rent in Muncie, IL and Nearby

As of April 16, 2025 the best value apartment in the Muncie area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Muncie apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Muncie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
202 E Crockett2 Bedroom2BR,1BA$1.05
Aspen CourtThe Sugar Maple2BR,1.5BA$1.10
Parkside- Pets AllowedUpgraded Two Bedroom One Bath2BR,1BA$1.21
The Grove1 Bed 1 Bath1BR,1BA$0.97
Stone Ridge Square1 Bedroom 1 Bath 730 SF1BR,1BA$1.34
106 N gregory1 bed1BR,1BA$1.05
808 N Lincoln Ave1 bed1BR,1BA$1.33

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Getting Around Muncie, IL

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Muncie Apartments

What is the Cheapest Studio apartment in Muncie?

Currently the most affordable Cheap Studio Apartment in Muncie is at Brookhaven listed at $525.

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

The lowest price for a Cheap One Bedroom Muncie Apartment is $650 at Brookhaven.

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

Today's best deal for a Cheap Two Bedroom Apartment in Muncie is starting from $725 at Brookhaven.

What is the most affordable Muncie Three Bedroom Apartment?

The best deal on a cheap Muncie Three Bedroom Apartment rental is at Brookhaven and starts from $975.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.