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


1611 S Madison St

906 W Main St

Total Monthly Price
805 W Ashland Ave

713 W Adams St

River Landing Apartments

Applegate
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.

7697 St Rd

713 adams

1621 W Jackson St

218 S Martin Ave

517-519-519 Wheeling Ave

1718 S Elm St

Sunreach Apartments
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.

2213 E Memorial Dr

District on Bethel

The District on Linden

Stadium View Apartments

District on Oakwood

Kensington Apartments

The Cedars
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.
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 | $735 | $664 | $900 |
| Cheap Muncie 1 Bedroom Apartments | $862 | $599 | $1,800 |
| Cheap Muncie 2 Bedroom Apartments | $1,029 | $510 | $1,650 |
| Cheap Muncie 3 Bedroom Apartments | $816 | $350 | $1,438 |
| Cheap Muncie 4 Bedroom Apartments | $569 | $449 | $898 |
Browse Top Apartments in Muncie
See all Apartments in MuncieExplore Muncie
Muncie, IN Local Guide

- Muncie Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Muncie, IN
Pricing Updated: 03/08/2026Current apartment rentals in the Muncie, IN area range in price from $575 to $3,800 with an overall median price of $2,242. The three Muncie neighborhoods with the lowest median rent pricing are Westacres at $886, Downtown Muncie at $575, and School at $575. 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 | $1,875 | $886 | 23 |
| Downtown Muncie | $2,125 | $575 | 47 |
| School | $2,125 | $575 | 22 |
| South Muncie | $2,125 | $575 | 55 |
| North Muncie | $2,962 | $575 | 70 |
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 $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 Muncie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Haven | 4x4 | 4BR,4BA | $565 |
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $569 |
| Applegate | Studio - 288 sqft | Studio,1BA | $664 |
| Kensington Apartments | 1/1 A | 1BR,1BA | $699 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $725 |
Best Value Apartments for Rent in Muncie, IN
As of March 08, 2026 the best value apartment in the Muncie area is the $1.10 price per square foot 3x1.5 R Model at Canterbury Townhomes in the in the Westacres neighborhood starting from $1,433. The second greatest value Muncie apartment is the 3x2 Renovated 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. |
|---|---|---|---|
| Canterbury Townhomes | 3x1.5 R | 3BR,1.5BA | $1.10 |
| The Latitude Apartments | 3x2 Renovated | 3BR,2BA | $1.11 |
| Freedom Acres MHC | Maynardville Classic 72 | 3BR,2BA | $0.95 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| Delaware Acres | Pulse 6016 | 2BR,2BA | $1.04 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.03 |
| 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.
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.
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.
Muncie, INPopulation: 68,529
Ranked #528
in US Census Population by City
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
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 $664.
How much is rent for a Cheap One Bedroom Muncie Apartment?
The lowest price for a Cheap One Bedroom Muncie Apartment is $699 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 $720 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
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

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.

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.