Cheap Apartments for Rent in Muncie, IN from $300 (21 Rentals)

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property at 626 W Main St

626 W Main St

MuncieIN47305

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.

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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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
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Rector Suites
Studio to 2 Bedroom Apartments

Rector Suites

522 W Adams StMuncie, IN 47305
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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

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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Stadium View Apartments
1 to 4 Bedroom Apartments

Stadium View Apartments

1024 W Bethel AveMuncie, IN 47303
Student Housing
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Wilson School Apartments
Studio to 2 Bedroom Apartments

Wilson School Apartments

301 W 13th StMuncie, IN 47302
Senior Living
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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304

Muncie, IN Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Muncie, IN

Pricing Updated: 09/06/2025

Current apartment rentals in the Muncie, IN area range in price from $500 to $2,700 with an overall median price of $2,270. The three Muncie neighborhoods with the lowest median rent pricing are Westacres at $550, Downtown Muncie at $500, and North Muncie at $500. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Muncie Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Westacres$1,750$55016
Downtown Muncie$2,400$50044
North Muncie$2,400$50064
School$2,400$50029
South Muncie$2,400$50055

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 $530. 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 ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$530
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
Wilson School Apartments1 Bed 1 Bath1BR,1BA$675
Normandy Apartments**MOVE-IN SPECIALS!** Modern 1-Bedroom Apartmen...1BR,1BA$700
ApplegateStudioStudio,1BA$795

Best Value Apartments for Rent in Muncie, IN

As of September 06, 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 3 Bedroom 2 Bathroom - Renovated Model at District on Wayne starting at $1,200 with a $1.09 price per square foot in the School neighborhood. Here is today’s list of the best values for Muncie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
District on Wayne3 Bedroom 2 Bathroom - Renovated3BR,2BA$1.09
Delaware AcresPulse 60162BR,2BA$1.18
The Latitude Apartments2 Bed 2 Bath Apartment - Premium2BR,2BA$1.09
Freedom Acres MHCThe Bay Springs2BR,1BA$1.13
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.89
Silvertree CommunitiesSilvertree 2bd2BR,1BA$0.72
416 W Jackson St, Unit 8416 W Jackson St1BR,1BA$0.93
Chesterfield Apartments2/1 750sf2BR,1BA$1.21
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18

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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.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Muncie, IN

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

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 $795.

How much is rent for a Cheap One Bedroom Muncie Apartment?

The lowest price for a Cheap One Bedroom Muncie Apartment is $675 at Wilson School 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 $685 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 The Haven and starts from $565.

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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.