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Cheap Apartments for Rent in Muncie, IN from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Muncie.
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from $6001 to 2 Bedroom Apartments Contact Us For Availability
River Landing Apartments
2590 W White River BlvdMuncie, IN 47303
626 W Main St
MuncieIN47305
1714 W Adams St
MuncieIN47303
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Rent Specials
from $6991 Bedroom Apartments Available Aug 1
The Cedars
1010 W Bethel RdMuncie, IN 47303
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Showing Results 1-16, Page 1 of 1
Muncie, IN Local Guide
Fine Arts Building at BSU by Rapierce is licensed under Public Domain
How much does it cost to rent an apartment in Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Muncie Studio Apartments | $759 | $704 | $870 |
| Cheap Muncie 1 Bedroom Apartments | $891 | $600 | $1,800 |
| Cheap Muncie 2 Bedroom Apartments | $1,027 | $670 | $1,650 |
| Cheap Muncie 3 Bedroom Apartments | $950 | $539 | $1,318 |
| Cheap Muncie 4 Bedroom Apartments | $515 | $385 | $639 |
Browse Top Apartments in Muncie
See all Apartments in MuncieExplore Muncie
Muncie, IN Local Guide
Written By:
Staff Writer Local Guide Expert
- Muncie Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Muncie, IN
Pricing Updated: 04/26/2025Current apartment rentals in the Muncie, IN area range in price from $385 to $2,515 with an overall median price of $1,740. The three Muncie neighborhoods with the lowest median rent pricing are Westacres at $385, Downtown Muncie at $385, and North Muncie at $385. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Muncie Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Westacres | $1,600 | $385 | 41 |
| Downtown Muncie | $1,775 | $385 | 38 |
| North Muncie | $1,775 | $385 | 63 |
| School | $1,775 | $600 | 20 |
| South Muncie | $1,775 | $600 | 25 |
Cheapest Available Muncie Apartments for Rent
The cheapest available apartment rental in Muncie, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $510. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Muncie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Haven | 4x4 | 4BR,4BA | $510 |
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $549 |
| Kensington Apartments | 1/1 B | 1BR,1BA | $663 |
| Wilson School Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Applegate | Studio | Studio,1BA | $704 |
Best Value Apartments for Rent in Muncie, IN
As of April 26, 2025 the best value apartment in the Muncie area is the $1.00 price per square foot 1523 E Jackson St Model at 1523 E Jackson St, Unit 1523 E Jackson St APT 1 in the in the South Muncie neighborhood starting from $1,400. The second greatest value Muncie apartment is the 2BD/2BA Furnished Premium Model at University Village starting at $809 with a $0.62 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Muncie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1523 E Jackson St, Unit 1523 E Jackson St APT 1 | 1523 E Jackson St | 2BR,1BA | $1.00 |
| University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
| District on Wayne | 3 Bedroom 2 Bathroom - Renovated | 3BR,2BA | $0.90 |
| Aspen/Snowmass Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.31 |
| The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.88 |
| 2929 W County Rd 400 N, Unit 2929 | 2929 W County Rd 400 N | 2BR,1BA | $0.92 |
| Chateau Apartments | Raphael | 2BR,1BA | $1.27 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Orchard Apartments | 2 Bedroom Standard | 2BR,1BA | $1.31 |
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Muncie Overview
If you are looking for a great city with a healthy job market, then look no further than Muncie, IN. Muncie, IN is one of the jewels of the Midwest. It is the seat of Delaware County in IN. It is located in the center of IN, about 50 miles from Indianapolis. There are lots of people who are looking for apartments in Muncie, IN. If you are looking for Muncie apartments, then take a few minutes to learn a bit more about this gorgeous city!
Why live in Muncie, IN?
There are several reasons why people are choosing to live in Muncie, IN. First, it has a relatively low cost of living. A dollar goes a long way here. Second, this is a great place to raise kids, making it ideal for parents. Finally, Muncie, IN also has weather that rotates regularly. Those who live in Muncie, IN will get to enjoy all four seasons.
Best Local Schools in Muncie, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Muncie, IN Rentals by Map
See the most popular apartments and homes in Muncie, IN
Muncie, IN Apartments MapMuncie, IN Rental Homes MapGetting Around Muncie, IN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
51 / 100
Bikeable
Some 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 price of a cheap apartment in Muncie?
The cheapest apartment in Muncie is Kensington Apartments which is listed at $663, while the average apartment in Muncie costs $1,740.
What types of apartments are the cheapest in Muncie?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 42 regular apartments in Muncie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Muncie?
Cheap apartments in Muncie have an average cost of $341 which is $1,399 cheaper than the average rent for all rentals in Muncie.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and 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.
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.