close
View Me
Cheap Apartments for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $300 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Muncie area of Muncie.
914 W Jackson St
MuncieIN47305
2009 S Penn St
MuncieIN47302
close
View Me
from $6001 to 2 Bedroom Apartments Available Now
River Landing Apartments
2590 W White River BlvdMuncie, IN 47303
824-826 North Dr
MuncieIN47302
2418 E Memorial Dr
MuncieIN47302
close
View Me
from $6591 Bedroom Apartment Available Aug 1
802 W White River Blvd, Unit A
802 W White River BlvdMuncie, IN 47303
1812 W 7th St
MuncieIN47302
close
View Me
close
View Me
Rent Specials
from $694Studio to 2 Bedroom Apartments Available Now
Applegate
4049 N Everett RdMuncie, IN 47304
close
View Me
Rent Specials
from $6991 Bedroom Apartments Available Aug 1
The Cedars
1010 W Bethel RdMuncie, IN 47303
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-19, Page 1 of 1
Downtown Muncie, 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 Downtown Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Muncie Studio Apartments | $760 | $694 | $879 |
| Downtown Muncie 1 Bedroom Apartments | $813 | $595 | $1,050 |
| Downtown Muncie 2 Bedroom Apartments | $1,003 | $670 | $1,580 |
| Downtown Muncie 3 Bedroom Apartments | $953 | $539 | $1,500 |
| Downtown Muncie 4 Bedroom Apartments | $549 | $385 | $1,090 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Muncie Neighborhood of Muncie, IN.
See all Apartments in MuncieExplore Muncie
Downtown Muncie, Muncie, IN Local Guide
- Nearby Muncie neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Village | 4BD/2BA Unfurnished Premium | 4BR,2BA | $385 |
| The Haven | 4x4 | 4BR,4BA | $510 |
| River Landing Apartments | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Wilson School Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Applegate | Studio | Studio,1BA | $694 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of March 29, 2025 the best value apartment in the Downtown 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 Downtown 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 Downtown 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 |
| The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
| 416 W Jackson St | 416 W Jackson St | 1BR,1BA | $0.90 |
| Orchard Apartments | 2 Bedroom Standard | 2BR,1BA | $1.26 |
| River Landing Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.21 |
| Wilson School Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
| The Haven | 2x2 | 2BR,2BA | $1.33 |
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.
Let everyone know!
Do you know the Downtown Muncie area?
If you’re an expert on all things Downtown Muncie, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Muncie, Muncie, IN
Ranked #3
Among neighborhoods in Muncie, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Muncie, Muncie, IN
School data provided by Great Schools
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 a cheap apartment in Downtown Muncie?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Muncie is under $814.
What is the price of a cheap apartment in Downtown Muncie?
The cheapest apartment in Downtown Muncie is River Landing Apartments which is listed at $600, while the average apartment in Downtown Muncie costs $1,775.
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 $349 which is $1,426 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.
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.