Cheap Apartments for Rent in Muncie, IN from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Muncie.

1523 S Walnut St

River Landing Apartments

626 W Main St
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

710 W Kilgore Ave
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 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.
Muncie, IN Local Guide

How much does it cost to rent an apartment in Muncie?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Muncie Studio Apartments | $761 | $590 | $900 |
Cheap Muncie 1 Bedroom Apartments | $864 | $600 | $1,800 |
Cheap Muncie 2 Bedroom Apartments | $954 | $510 | $1,650 |
Cheap Muncie 3 Bedroom Apartments | $726 | $350 | $1,438 |
Cheap Muncie 4 Bedroom Apartments | $500 | $350 | $1,200 |
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Muncie, IN Local Guide

- Muncie Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Muncie, IN
Pricing Updated: 09/06/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Westacres | $1,750 | $550 | 16 |
Downtown Muncie | $2,400 | $500 | 44 |
North Muncie | $2,400 | $500 | 64 |
School | $2,400 | $500 | 29 |
South Muncie | $2,400 | $500 | 55 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Haven | 4x4 | 4BR,4BA | $530 |
Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $569 |
Wilson School Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
Normandy Apartments | **MOVE-IN SPECIALS!** Modern 1-Bedroom Apartmen... | 1BR,1BA | $700 |
Applegate | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
District on Wayne | 3 Bedroom 2 Bathroom - Renovated | 3BR,2BA | $1.09 |
Delaware Acres | Pulse 6016 | 2BR,2BA | $1.18 |
The Latitude Apartments | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
Freedom Acres MHC | The Bay Springs | 2BR,1BA | $1.13 |
Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.72 |
416 W Jackson St, Unit 8 | 416 W Jackson St | 1BR,1BA | $0.93 |
Chesterfield Apartments | 2/1 750sf | 2BR,1BA | $1.21 |
6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,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.
Best Local Schools in Muncie, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $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.

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.

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.

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.

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.