Cheap Homes for Rent in Muncie, IN from $400 (21 Rentals)

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property at 820 W Howard St

820 W Howard St

MuncieIN47305
Showing Results 1-21, Page 1 of 1

Muncie, IN Local Guide

Cheapest Neighborhoods for Apartments in Muncie, IN

Pricing Updated: 04/27/2025

Current apartment rentals in the Muncie, IN area range in price from $405 to $2,515 with an overall median price of $2,097. The three Muncie neighborhoods with the lowest median rent pricing are Westacres at $600, Downtown Muncie at $405, and North Muncie at $405. 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$1,485$60014
Downtown Muncie$2,250$40541
North Muncie$2,250$40560
School$2,250$40532
South Muncie$2,250$40550

Cheapest Available Muncie Apartments for Rent

 

The cheapest available apartment rental in Muncie, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $510. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Muncie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$510
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
Kensington Apartments1/1 B1BR,1BA$663
Wilson School Apartments1 Bed 1 Bath1BR,1BA$675
ApplegateStudioStudio,1BA$704

Best Value Apartments for Rent in Muncie, IN

As of April 27, 2025 the best value apartment in the Muncie area is the $1.00 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 $1,400. 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$1.00
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
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.88
2929 W County Rd 400 N, Unit 29292929 W County Rd 400 N2BR,1BA$0.92
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
Orchard Apartments2 Bedroom Standard2BR,1BA$1.31
2307 S Madison St, Unit Apt #32307 S Madison St1BR,1BA$1.20

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Frequently Asked Questions about Muncie

What type of rentals are currently available in Muncie?

There are currently 172 Apartments for Rent in Muncie, IN with pricing that ranges from $385 to $1,800. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Muncie ranging from $405 to $2,515.

What is the current price range for Rental Homes in Muncie?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Muncie ranges from $405 to $2,515 with an average monthly rent of $1,318.

How much are larger Three and Four Bedroom Rentals in Muncie?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Muncie range from $539 to $1,318, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $385.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.