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Cheap Apartments for Rent in Muncie, IN from $300 (15 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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610 S Council St
MuncieIN47305
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Rent Specials
$699 - $7491 Bedroom Apartments Available Aug 15
The Cedars
1010 W Bethel RdMuncie, IN 47303
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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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.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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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 | $787 | $720 | $900 |
| Cheap Muncie 1 Bedroom Apartments | $873 | $600 | $1,800 |
| Cheap Muncie 2 Bedroom Apartments | $975 | $510 | $1,650 |
| Cheap Muncie 3 Bedroom Apartments | $756 | $350 | $1,438 |
| Cheap Muncie 4 Bedroom Apartments | $479 | $350 | $610 |
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: 07/23/2025Current apartment rentals in the Muncie, IN area range in price from $350 to $2,515 with an overall median price of $1,600. The three Muncie neighborhoods with the lowest median rent pricing are Downtown Muncie at $600, North Muncie at $350, and School at $610. 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 | $1,600 | $600 | 21 |
| North Muncie | $1,600 | $350 | 103 |
| School | $1,600 | $610 | 13 |
| South Muncie | $1,600 | $600 | 30 |
| Westacres | $1,600 | $350 | 79 |
Cheapest Available Muncie Apartments for Rent
The cheapest available apartment rental in Muncie, IN is a 3 Beds unit found at Yugo Muncie Varsity House in the Westacres neighborhood priced from $549. Applegate in the Westacres neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here is today’s list of the most affordable Muncie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $549 |
| Applegate | Studio | Studio,1BA | $720 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $795 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $799 |
| Normandy Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
Best Value Apartments for Rent in Muncie, IN
As of July 23, 2025 the best value apartment in the Muncie area is the $1.09 price per square foot 3 Bedroom 2 Bathroom - Renovated Model at District on Wayne in the in the School neighborhood starting from $1,200. The second greatest value Muncie apartment is the 3 Beds, 2 baths Model at Delaware Acres starting at $1,079 with a $1.02 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. |
|---|---|---|---|
| District on Wayne | 3 Bedroom 2 Bathroom - Renovated | 3BR,2BA | $1.09 |
| Delaware Acres | 3 Beds, 2 baths | 3BR,2BA | $1.02 |
| Aspen/Snowmass Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.31 |
| The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
| Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.66 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
| Fox Brook Apartments | 1x1 R | 1BR,1BA | $1.29 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $1.33 |
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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 a cheap apartment in Muncie?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Muncie is under $850.
What is the price of a cheap apartment in Muncie?
The cheapest apartment in Muncie is River Edge Apartments which is listed at $795, while the average apartment in Muncie costs $1,600.
What types of apartments are the cheapest in Muncie?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 104 regular apartments in Muncie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Muncie?
Cheap apartments in Muncie have an average cost of $396 which is $1,204 cheaper than the average rent for all rentals in Muncie.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.