30-103 Illinois St
DanvilleIL61832
Cheap Homes for Rent in Muncie, IL from $400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Muncie.
425 N Vermilion St
DanvilleIL61832
2 S Walnut St
DanvilleIL61832
408 W Main St
WestvilleIL61883
218 Huffman St
GeorgetownIL61846
1903 N Lincoln Ave
UrbanaIL61801
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.
1497 E Fairchild St
DanvilleIL61832
913 Maple St
DanvilleIL61832
101 S Buchanan St
DanvilleIL61832
1129 N Jackson St
DanvilleIL61832
904 N Broadway Ave
UrbanaIL61801
36 S Griffin St
DanvilleIL61832
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.
1128 Chandler St
DanvilleIL61832
Showing Results 1-13, Page 1 of 1
Muncie, IL Local Guide
Route 66 by russellstreet is licensed under CC BY 2.0
How much does it cost to rent a home in Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Muncie 2 Bedroom Homes for Rent | $1,304 | $775 | $1,950 |
| Muncie 3 Bedroom Homes for Rent | $1,345 | $780 | $2,250 |
| Muncie 4 Bedroom Homes for Rent | $1,515 | $950 | $2,600 |
| Muncie 7 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Top Homes for Rent in Muncie
Explore Muncie
Muncie, IL Local Guide
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Cheapest Available Muncie Apartments for Rent and Nearby
The cheapest available apartment rental in Muncie, IL is a 1 Bed unit found at Brookhaven priced from $717. Waterview Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Muncie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookhaven | 1 Bed/ 1 Bath | 1BR,1BA | $717 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $730 |
| The Verander | 1Br | 1BR,1BA | $732 |
| Golfview Village | The Gilmore | 2BR,1BA | $750 |
| Bailey Student Apartments Available 2026! | 901 W Springfield | 1BR,1BA | $750 |
Best Value Apartments for Rent in Muncie, IL and Nearby
As of April 22, 2026 the best value apartment in the Muncie area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Muncie apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Muncie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| Golfview Village | The Gilmore | 2BR,1.5BA | $0.75 |
| The Linc Apartments | 2x2 | 2BR,2BA | $0.88 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| 808 N Lincoln Ave | 2 Bed / 1 Bath | 2BR,1BA | $1.24 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $1.09 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
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Explore Muncie, IL Rentals by Map
See the most popular apartments and homes in Muncie, IL
Frequently Asked Questions about Muncie
What type of rentals are currently available in Muncie?
There are currently 45 Apartments for Rent in Muncie, IL with pricing that ranges from $525 to $2,080. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Muncie ranging from $400 to $6,000.
What is the current price range for Rental Homes in Muncie?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Muncie ranges from $400 to $6,000 with an average monthly rent of $2,174.
How much are larger Three and Four Bedroom Rentals in Muncie?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Muncie range from $785 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $780 to $2,250. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $635.
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
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.
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.
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.
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.