Cheap Apartments for Rent in Muncie, IN from $300 (22 Rentals)

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Sunreach Apartments
3 Bedroom Apartments

Sunreach Apartments

1801-1821 W Royale DrMuncie, IN 47304
Student Housing
  • Utilities Included
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Rector Suites
Studio to 1 Bedroom Apartments

Rector Suites

522 W Adams StMuncie, IN 47305
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2213 E Memorial Dr
2 Bedroom Apartments

2213 E Memorial Dr

2213 E Memorial DrMuncie, IN 47302
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District on Bethel
1 Bedroom Apartments

District on Bethel

1204-1206 W Bethel AveMuncie, IN 47303
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The District on Linden
Studio to 2 Bedroom Apartments

The District on Linden

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

Stadium View Apartments

1024 W Bethel AveMuncie, IN 47303
Student Housing
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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304
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Normandy Apartments
1 Bedroom Apartments

Normandy Apartments

3015 W Bethel AveMuncie, IN 47304
  • Utilities Included

Muncie, IN Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Muncie, IN

Pricing Updated: 03/21/2025

Current apartment rentals in the Muncie, IN area range in price from $385 to $1,850 with an overall median price of $1,634. 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Westacres$1,072$3852401
Downtown Muncie$1,775$3854462
North Muncie$1,775$3855549
School$1,775$5953345
South Muncie$1,775$5952359

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 ListingModel NameBed/BathPriced From
University Village4BD/2BA Unfurnished Premium4BR,2BA$385
The Haven4x44BR,4BA$510
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
River Landing Apartments1 Bed, 1 bath1BR,1BA$600
ApplegateStudioStudio,1BA$679

Best Value Apartments for Rent in Muncie, IN

As of March 21, 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
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
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.88
Chesterfield Apartments3/1 800sf3BR,1BA$1.20
416 W Jackson St416 W Jackson St1BR,1BA$0.90
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
River Landing Apartments1 Bed, 1 bath1BR,1BA$1.21

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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.

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 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 $799.

What is the price of a cheap apartment in Muncie?

The cheapest apartment in Muncie is River Landing Apartments which is listed at $600, while the average apartment in Muncie costs $1,634.

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 2,172 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 $1,310 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.

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