Cheap Apartments for Rent in Delaware County, IN from $300 (26 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Sunreach Apartments
3 Bedroom Apartments

Sunreach Apartments

1801-1821 W Royale DrMuncie, IN 47304
Student Housing
  • Utilities Included
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2213 E Memorial Dr
2 Bedroom Apartments

2213 E Memorial Dr

2213 E Memorial DrMuncie, IN 47302
  • Utilities Included
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District on Bethel
1 Bedroom Apartments

District on Bethel

1204-1206 W Bethel AveMuncie, IN 47303
  • Utilities Included
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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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304

Cheapest Available Delaware County Apartments for Rent

 

The cheapest available apartment rental in Delaware County, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $565. Flats at West End in the School neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Delaware County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$565
Flats at West EndLuxury You Can Afford: Renovated 1BR Downtown |...1BR,1BA$690
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725
None2 Beds, 1 Baths2BR,1BA$795
The Alan2B 50%2BR,1BA$849
715 E Race St*Newly Renovated* Premium Style 2-Bedroom Apart...2BR,1BA$850
Forest Oaks Apartments1 Bed 1 Bath (Down)1BR,1BA$850
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$850
424 Lofts1 bedroom1BR,1BA$875

Best Value Apartments for Rent in Delaware County, IN

As of June 25, 2026 the best value apartment in the Delaware County area is the $0.37 price per square foot 4BD/4BA Unfurnished Premium Model at University Village in the in the Westacres neighborhood starting from $489. The second greatest value Delaware County apartment is the Pulse 7616 Model at Freedom Acres MHC starting at $1,139 with a $0.94 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Delaware County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village4BD/4BA Unfurnished Premium4BR,4BA$0.37
Freedom Acres MHCPulse 76163BR,2BA$0.94
District on WayneNear The Village With a Balcony3BR,2BA$1.09
ApplegateTwo Bedroom 1 Bath2BR,1BA$1.09
3003 S Hackley St3003 S Hackley St1BR,1BA$1.12
424 Lofts1 bedroom1BR,1BA$1.09
Silvertree CommunitiesSilvertree 2bd2BR,1BA$0.70
715 E Race St*Newly Renovated* Premium Style 2-Bedroom Apart...2BR,1BA$1.11
*Newly Renovated* Premium Style 2-4 BD Apartment Home2 Beds, 1 bath2BR,1BA$0.94
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$1.12

Frequently Asked Questions about Cheap Delaware County Apartments

What is a cheap apartment in Delaware County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Delaware County is under $875.

What is the price of a cheap apartment in Delaware County?

The cheapest apartment in Delaware County is Flats at West End which is listed at $690, while the average apartment in Delaware County costs $1,040.

What types of apartments are the cheapest in Delaware County?

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 129 regular apartments in Delaware County 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 Delaware County?

Cheap apartments in Delaware County have an average cost of $486 which is $554 cheaper than the average rent for all rentals in Delaware County.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.