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Cheap Apartments for Rent in Muncie, IN from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Muncie.
914 W Jackson St
MuncieIN47305
2009 S Penn St
MuncieIN47302
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from $6001 to 2 Bedroom Apartments Contact Us For Availability
River Landing Apartments
2590 W White River BlvdMuncie, IN 47303
824-826 North Dr
MuncieIN47302
2418 E Memorial Dr
MuncieIN47302
1812 W 7th St
MuncieIN47302
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Rent Specials
from $679Studio to 2 Bedroom Apartments Available Now
Applegate
4049 N Everett RdMuncie, IN 47304
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from $6991 Bedroom Apartments Available Aug 1
The Cedars
1010 W Bethel RdMuncie, IN 47303
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Showing Results 1-20, 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 | $714 | $679 | $770 |
| Cheap Muncie 1 Bedroom Apartments | $864 | $595 | $1,800 |
| Cheap Muncie 2 Bedroom Apartments | $1,017 | $670 | $1,650 |
| Cheap Muncie 3 Bedroom Apartments | $999 | $539 | $1,500 |
| 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: 04/06/2025Current apartment rentals in the Muncie, IN area range in price from $385 to $2,515 with an overall median price of $1,630. 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 | $1,050 | $385 | 45 |
| Downtown Muncie | $1,775 | $385 | 76 |
| North Muncie | $1,775 | $385 | 100 |
| School | $1,775 | $595 | 54 |
| South Muncie | $1,775 | $595 | 34 |
Cheapest Available Muncie Apartments for Rent
The cheapest available apartment rental in Muncie, IN is a 4 Beds unit found at University Village in the Westacres neighborhood priced from $385. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $510. Here is today’s list of the most affordable Muncie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Village | 4BD/2BA Unfurnished Premium | 4BR,2BA | $385 |
| 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 |
Best Value Apartments for Rent in Muncie, IN
As of April 06, 2025 the best value apartment in the Muncie area is the $0.63 price per square foot 208 S Walnut St Model at 208 S Walnut St, Unit 208 in the in the School neighborhood starting from $875. The second greatest value Muncie apartment is the 1523 E Jackson St Model at 1523 E Jackson St, Unit 1523 E Jackson St APT 1 starting at $1,500 with a $1.07 price per square foot in the South Muncie 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. |
|---|---|---|---|
| 208 S Walnut St, Unit 208 | 208 S Walnut St | 2BR,1BA | $0.63 |
| 1523 E Jackson St, Unit 1523 E Jackson St APT 1 | 1523 E Jackson St | 3BR,1BA | $1.07 |
| University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
| District on Wayne | 3 Bedroom 2 Bathroom - Renovated | 3BR,2BA | $1.09 |
| 4614 W Garver Dr, Unit 4614 | 4614 W Garver Dr | 2BR,1BA | $0.97 |
| 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 |
| Canterbury Townhomes | 2x1.5 R | 2BR,1.5BA | $1.32 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Fox Brook Apartments | 1x1 | 1BR,1BA | $1.32 |
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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 a cheap apartment in Muncie?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Muncie is under $802.
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 $1,630.
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 $324 which is $1,306 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.
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.
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.
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.