Cheap Apartments for Rent in Muncie, IN from $400 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1506 E Main St
$7502 Bedroom, 1 Bath RentalsAvailable Now

1506 E Main St

Muncie, IN 47305
View Details
close
View Me
Sunreach Apartments
3 Bedroom Apartments

Sunreach Apartments

1801-1821 W Royale DrMuncie, IN 47304
Student Housing
Utilities inc.
close
View Me
2213 E Memorial Dr
2 Bedroom Apartments

2213 E Memorial Dr

2213 E Memorial DrMuncie, IN 47302
Utilities inc.
close
View Me
Rector Suites
Studio to 1 Bedroom Apartments

Rector Suites

522 W Adams StMuncie, IN 47305
Utilities inc.
close
View Me
District on Bethel
1 Bedroom Apartments

District on Bethel

1204-1206 W Bethel AveMuncie, IN 47303
Utilities inc.
close
View Me
The District on Linden
Studio to 2 Bedroom Apartments

The District on Linden

920 N Linden StMuncie, IN 47303
Student Housing
close
View Me
Stadium View Apartments
1 to 4 Bedroom Apartments

Stadium View Apartments

1024 W Bethel AveMuncie, IN 47303
Student Housing
Utilities inc.
close
View Me
District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304
close
View Me
Normandy Apartments
1 Bedroom Apartments

Normandy Apartments

3015 W Bethel AveMuncie, IN 47304
Utilities inc.
close
View Me
LABOR LOFTS
1 Bedroom Apartments

LABOR LOFTS

1125 S Walnut StMuncie, IN 47302
Utilities inc.

Muncie, IN Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Muncie, IN

Pricing Updated: 02/26/2025

Current apartment rentals in the Muncie, IN area range in price from $439 to $1,850 with an overall median price of $1,630. The three Muncie neighborhoods with the lowest median rent pricing are Westacres at $439, Downtown Muncie at $439, and North Muncie at $439. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Muncie Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Westacres$1,050$4392216
Downtown Muncie$1,775$4393838
North Muncie$1,775$4394757
School$1,775$5952736
South Muncie$1,775$5952003

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 $439. 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 ListingModel NameBed/BathPriced From
University Village4BD/2BA Unfurnished Premium4BR,2BA$439
The Haven4x44BR,4BA$510
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
River Landing Apartments1 Bed, 1 bath1BR,1BA$600
Wilson School Apartments1 Bed 1 Bath1BR,1BA$675
ApplegateStudioStudio,1BA$694
The CedarsThe Cedars - 1 Bed/1 Bath Remodeled - $200 Gift...1BR,1BA$699
Orchard Apartments2 Bedroom Standard2BR,1BA$759
Colonial Crest ApartmentsUnfurnished StudioStudio,1BA$770
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$799

Best Value Apartments for Rent in Muncie, IN

As of February 26, 2025 the best value apartment in the Muncie area is the $1.07 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 $1,500. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1523 E Jackson St, Unit 1523 E Jackson St APT 11523 E Jackson St2BR,1BA$1.07
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Riverbend FlatsThe Wave 60%3BR,2BA$0.97
District on Wayne3 Bedroom 2 Bathroom - Renovated3BR,2BA$1.09
Woods Edge2x12BR,1BA$0.94
The Latitude2 Bed 2 Bath Apartment - Premium2BR,2BA$1.09
Walnut Manor ApartmentsWM 2x1.5 R2BR,1.5BA$1.18
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.88
Chesterfield Apartments2/1 750sf2BR,1BA$1.20
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Muncie, IN Rentals by Map

View MapMuncie, IN Apartments MapView MapMuncie, IN Rental Homes Map

Getting Around Muncie, IN

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

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 Applegate listed at $694.

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

The lowest price for a Cheap One Bedroom Muncie Apartment is $600 at River Landing Apartments.

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 $670 at The Haven.

What is the most affordable Muncie Three Bedroom Apartment?

The best deal on a cheap Muncie Three Bedroom Apartment rental is at University Village and starts from $539.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.