Cheap Apartments for Rent in Selma, IN from $300 (11 Rentals)

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

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

close
View Me
Normandy Apartments
1 Bedroom Apartments

Normandy Apartments

3015 W Bethel AveMuncie, IN 47304
Utilities inc.
Showing Results 1-11, Page 1 of 1

Selma, IN Local Guide

Cheapest Available Selma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Selma, IN is a 1 Bed unit found at Grand Avenue Commons priced from $376. University Village in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $439. Here is today’s list of the most affordable Selma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$376
University Village4BD/2BA Unfurnished Premium4BR,2BA$439
The Haven4x44BR,4BA$499
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
River Landing Apartments1 Bed, 1 bath1BR,1BA$600

Best Value Apartments for Rent in Selma, IN and Nearby

As of February 23, 2025 the best value apartment in the Selma area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Selma apartment is the 2x1 Model at Woods Edge starting at $935 with a $0.94 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Selma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
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
Jamestown VillageJames Madison2BR,1BA$1.22
Hoosier Woods Apartments1x1 60%1BR,1BA$1.05
Grand Avenue Commons1 Bed, 1 bath1BR,1BA$0.54
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
River Landing Apartments1 Bed, 1 bath1BR,1BA$1.21

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

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

Explore Selma, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Selma, IN

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

Getting Around Selma, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Selma Apartments

What is the Cheapest Studio apartment in Selma?

Currently the most affordable Cheap Studio Apartment in Selma is at Applegate listed at $694.

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

The lowest price for a Cheap One Bedroom Selma Apartment is $376 at Grand Avenue Commons.

What is the lowest price for a Cheap Two Bedroom Selma Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Selma is starting from $459 at Grand Avenue Commons.

What is the most affordable Selma Three Bedroom Apartment?

The best deal on a cheap Selma 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.