Cheap Apartments for Rent in Delaware County, IN from $300 (28 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.

property at 906 W Main St

$665 - $995

1 To 2 Bedroom Rentals

Available Now

906 W Main St

MuncieIN47305

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Sunreach Apartments
3 Bedroom Apartments

Sunreach Apartments

1801-1821 W Royale DrMuncie, IN 47304
Student Housing
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304

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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.

Cheapest Available Delaware County Apartments for Rent

 

The cheapest available apartment rental in Delaware County, IN is a 4 Beds unit found at University Village in the Westacres neighborhood priced from $514. Flats at West End in the School neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Delaware County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Village4BD/2BA Furnished Premium4BR,2BA$514
Flats at West End0BR/1.0BAStudio,1BA$550
The Haven4x44BR,4BA$565
Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$599
ApplegateStudio Open - 288 sqftStudio,1BA$610
The Alan1A 50%1BR,1BA$712
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725
Chesterfield Apartments3/1 800sf3BR,1BA$825

Best Value Apartments for Rent in Delaware County, IN

As of May 10, 2026 the best value apartment in the Delaware County area is the $0.39 price per square foot 4BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $514. 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/2BA Furnished Premium4BR,2BA$0.39
Freedom Acres MHCPulse 76163BR,2BA$0.94
Delaware AcresRedman Foundation3BR,2BA$0.97
District on WayneNear The Village With a Balcony3BR,2BA$1.09
Silvertree CommunitiesEverbrook Townhomes2BR,1.5BA$0.70
The Latitude Apartments2x2 Classic2BR,2BA$1.09
Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Chesterfield Apartments3/1 800sf3BR,1BA$1.03
Eaton Residence*Newly Renovated* Premium Style 2-Bedroom Apart...2BR,1BA$1.11
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 $825.

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 $675, 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 156 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 $489 which is $551 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.