Cheap Homes for Rent in Delaware County, IN from $500 (46 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

property at 1610 E Princeton Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Apr 1

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 3112 S Chippewa Ln

$1,090

Total Monthly Price

Total Monthly Price

Base Rent
$1,090

Total Monthly Price
$1,090

3 Bedroom, 1 Bath Home for Rent

Available Now

3112 S Chippewa Ln

MuncieIN47302

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Delaware County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$565
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
ApplegateStudio Open - 288 sqftStudio,1BA$644
Flats at West End1BR/1.0BA1BR,1BA$700
The Alan1A 50%1BR,1BA$712
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725
916 W Jackson St1/11BR,1BA$800
Chesterfield Apartments3/1 800sf3BR,1BA$825
Forest Oaks Apartments1 Bed 1 Bath (Down)1BR,1BA$850

Best Value Apartments for Rent in Delaware County, IN

As of March 25, 2026 the best value apartment in the Delaware County area is the $1.11 price per square foot 3x1.5 R Model at Canterbury Townhomes in the in the Westacres neighborhood starting from $1,438. The second greatest value Delaware County apartment is the Maynardville Classic 72 Model at Freedom Acres MHC starting at $1,165 with a $1.01 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.
Canterbury Townhomes3x1.5 R3BR,1.5BA$1.11
Freedom Acres MHCMaynardville Classic 723BR,2BA$1.01
District on WayneNear The Village With a Balcony3BR,2BA$1.09
University Village3BD/3BA Furnished Premium3BR,3BA$0.54
Delaware AcresPulse 66163BR,2BA$1.02
Silvertree CommunitiesEverbrook Townhomes2BR,1.5BA$0.70
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Chesterfield Apartments3/1 800sf3BR,1BA$1.03
715 E Race St*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 Delaware County

What type of rentals are currently available in Delaware County?

There are currently 227 Apartments for Rent in Delaware County, IN with pricing that ranges from $350 to $1,800. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Delaware County ranging from $550 to $3,800.

What is the current price range for Rental Homes in Delaware County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Delaware County ranges from $550 to $3,800 with an average monthly rent of $1,598.

How much are larger Three and Four Bedroom Rentals in Delaware County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Delaware County range from $350 to $1,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $449.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.