2207 E 9th St
MuncieIN47302
Cheap Homes for Rent in Selma, IN from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.
216 1/2 S Dill St
MuncieIN47303
802 1/2 N Mulberry St
MuncieIN47305
1920 N Wolfe St
MuncieIN47303
302 W 6th St
MuncieIN47302
6307 E Piccadilly Rd
MuncieIN47303
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Selma, IN Local Guide
Main street by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent a home in Selma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Selma 2 Bedroom Homes for Rent | $981 | $775 | $1,300 |
| Selma 3 Bedroom Homes for Rent | $1,212 | $750 | $1,600 |
| Selma 4 Bedroom Homes for Rent | $1,497 | $1,395 | $1,600 |
Browse Top Homes for Rent in Selma
Explore Selma
Selma, IN Local Guide
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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 $385. Here is today’s list of the most affordable Selma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $376 |
| University Village | 4BD/2BA Unfurnished Premium | 4BR,2BA | $385 |
| The Haven | 4x4 | 4BR,4BA | $510 |
Best Value Apartments for Rent in Selma, IN and Nearby
As of March 25, 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 3x2 60% Model at Hoosier Woods Apartments starting at $1,032 with a $0.88 price per square foot . Here is today’s list of the best values for Selma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
| Hoosier Woods Apartments | 3x2 60% | 3BR,2BA | $0.88 |
| Woods Edge | 2x1 | 2BR,1BA | $0.94 |
| The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.88 |
| Jamestown Village | James Madison | 2BR,1BA | $1.22 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $0.54 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Fox Brook Apartments | 1x1 | 1BR,1BA | $1.24 |
| River Landing Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.21 |
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Frequently Asked Questions about Selma
What type of rentals are currently available in Selma?
There are currently 39 Apartments for Rent in Selma, IN with pricing that ranges from $376 to $1,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $525 to $1,600.
What is the current price range for Rental Homes in Selma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Selma ranges from $525 to $1,600 with an average monthly rent of $1,125.
How much are larger Three and Four Bedroom Rentals in Selma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Selma range from $539 to $1,433, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,395 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.
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.