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Cheap Apartments for Rent in Muncie, IN from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Muncie.
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$600 - $9001 to 2 Bedroom Apartments Contact Us For Availability
River Landing Apartments
2590 W White River BlvdMuncie, IN 47303
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Rent Specials
$640 - $1,680Studio to 2 Bedroom Apartments Available Now
Applegate
4049 N Everett RdMuncie, IN 47304
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$6502 Bedroom Apartment Available Jan 1, 2026
23 W Orchard Pl, Unit 23- 1 half W Orchard
23 W Orchard PlMuncie, IN 47305
626 W Main St
MuncieIN47305
7697 St Rd
MuncieIN47302
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.
511 W Riverside Ave
MuncieIN47303
906 W Main St
MuncieIN47305
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$699 - $7491 Bedroom Apartments Contact Us For Availability
The Cedars
1010 W Bethel RdMuncie, IN 47303
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Rent Specials
$700 - $950Studio to 2 Bedroom Apartments Available Now
Flats at West End
522 W Adams StMuncie, IN 47305
1718 S Elm St
MuncieIN47302
1523 E Washington St
MuncieIN47305
419 W Howard St
MuncieIN47305
710 W Kilgore Ave
MuncieIN47305
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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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.
Showing Results 1-24, Page 1 of 1
Muncie, IN Local Guide
Fine Arts Building at BSU by Rapierce is licensed under Public Domain
How much does it cost to rent an apartment in Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Muncie Studio Apartments | $688 | $640 | $900 |
| Cheap Muncie 1 Bedroom Apartments | $851 | $550 | $1,800 |
| Cheap Muncie 2 Bedroom Apartments | $982 | $510 | $1,690 |
| Cheap Muncie 3 Bedroom Apartments | $865 | $350 | $1,737 |
| Cheap Muncie 4 Bedroom Apartments | $703 | $350 | $1,846 |
Browse Top Apartments in Muncie
See all Apartments in MuncieExplore Muncie
Muncie, IN Local Guide
Written By:
Staff Writer Local Guide Expert
- Muncie Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Muncie, IN
Pricing Updated: 12/07/2025Current apartment rentals in the Muncie, IN area range in price from $450 to $3,800 with an overall median price of $1,940. The three Muncie neighborhoods with the lowest median rent pricing are Downtown Muncie at $450, School at $500, and South Muncie at $450. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Muncie Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Muncie | $1,750 | $450 | 50 |
| School | $1,750 | $500 | 26 |
| South Muncie | $1,750 | $450 | 63 |
| Westacres | $1,750 | $450 | 18 |
| North Muncie | $2,700 | $450 | 77 |
Cheapest Available Muncie Apartments for Rent
The cheapest available apartment rental in Muncie, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $540. 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 Muncie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Haven | 4x4 | 4BR,4BA | $540 |
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $569 |
| Applegate | Studio | Studio,1BA | $645 |
| Kensington Apartments | 1/1 A | 1BR,1BA | $663 |
| Flats at West End | Studio, 1 bath | Studio,1BA | $700 |
Best Value Apartments for Rent in Muncie, IN
As of December 07, 2025 the best value apartment in the Muncie 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 Muncie apartment is the CYM 3 BEDROOM RENO Model at The Latitude Apartments starting at $1,299 with a $1.11 price per square foot in the North Muncie neighborhood. 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. |
|---|---|---|---|
| University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
| The Latitude Apartments | CYM 3 BEDROOM RENO | 3BR,2BA | $1.11 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.18 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| Delaware Acres | RHP FK | 3BR,2BA | $1.10 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $1.24 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $1.12 |
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.
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The 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.
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Muncie Overview
If you are looking for a great city with a healthy job market, then look no further than Muncie, IN. Muncie, IN is one of the jewels of the Midwest. It is the seat of Delaware County in IN. It is located in the center of IN, about 50 miles from Indianapolis. There are lots of people who are looking for apartments in Muncie, IN. If you are looking for Muncie apartments, then take a few minutes to learn a bit more about this gorgeous city!
Why live in Muncie, IN?
There are several reasons why people are choosing to live in Muncie, IN. First, it has a relatively low cost of living. A dollar goes a long way here. Second, this is a great place to raise kids, making it ideal for parents. Finally, Muncie, IN also has weather that rotates regularly. Those who live in Muncie, IN will get to enjoy all four seasons.
Best Local Schools in Muncie, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Muncie, IN Rentals by Map
See the most popular apartments and homes in Muncie, IN
Getting Around Muncie, IN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Muncie Apartments
What is the Cheapest Studio apartment in Muncie?
Currently the most affordable Cheap Studio Apartment in Muncie is at Applegate listed at $640.
How much is rent for a Cheap One Bedroom Muncie Apartment?
The lowest price for a Cheap One Bedroom Muncie Apartment is $663 at Kensington Apartments.
What is the lowest price for a Cheap Two Bedroom Muncie Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Muncie is starting from $710 at The Haven.
What is the most affordable Muncie Three Bedroom Apartment?
The best deal on a cheap Muncie Three Bedroom Apartment rental is at Yugo Muncie Varsity House and starts from $569.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.