Cheap Apartments for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $300 (32 Rentals)

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

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property at 626 W Main St

626 W Main St

MuncieIN47305
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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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Wilson School Apartments
1 to 2 Bedroom Apartments

Wilson School Apartments

301 W 13th StMuncie, IN 47302
Senior Living
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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304
Showing Results 1-32, Page 1 of 1

Downtown Muncie, Muncie, IN Local Guide

Cheapest Available Downtown Muncie Apartments for Rent

 

The cheapest available apartment rental in the Downtown Muncie area of Muncie, IN is a 4 Beds unit found at University Village priced from $385. The Haven has the second lowest priced unit, which is a 4 Beds apartment currently listed from $510. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
University Village4BD/2BA Unfurnished Premium4BR,2BA$385
The Haven4x44BR,4BA$510
Kensington Apartments1/1 B1BR,1BA$663
Wilson School Apartments1 Bed 1 Bath1BR,1BA$675
ApplegateStudioStudio,1BA$699
424 Lofts1 bedroom1BR,1BA$800
Beacon Hill1.1a1BR,1BA$814
District on BethelFully Renovated!1BR,1BA$850
The Latitude2 Bed 2 Bath Apartment2BR,2BA$925
District on Wayne3 Bedroom 2 Bathroom - Renovated3BR,2BA$995

Best Value Apartments for Rent in Downtown Muncie, IN

As of April 17, 2025 the best value apartment in the Downtown 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 Downtown 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 Downtown 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$0.90
Aspen/Snowmass Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.31
The Latitude2 Bed 2 Bath Apartment - Premium2BR,2BA$1.09
Liberty Lofts2BR/1.0BA2BR,1BA$1.41
Charles Commons2BR/1.0BA2BR,1BA$1.47
District on BethelFully Renovated!1BR,1BA$1.48
Wilson School Apartments1 Bed 1 Bath1BR,1BA$1.32
The Haven2x22BR,2BA$1.33

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Pet Friendly Lifestyle
Downtown Muncie, Muncie, IN

Ranked #3

Among neighborhoods in Muncie, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Downtown Muncie, Muncie, IN

School data provided by Great Schools

Getting Around the Downtown Muncie Neighborhood in Muncie, IN

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

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 Downtown Muncie Apartments

What is the price of a cheap apartment in Downtown Muncie?

The cheapest apartment in Downtown Muncie is Kensington Apartments which is listed at $663, while the average apartment in Downtown Muncie costs $1,100.

What types of apartments are the cheapest in Downtown 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 14 regular apartments in Downtown 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 Downtown Muncie?

Cheap apartments in Downtown Muncie have an average cost of $363 which is $737 cheaper than the average rent for all rentals in Downtown 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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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 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.

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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.