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Cheap Apartments for Rent in Muncie, IN from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Muncie.
1523 S Walnut St
MuncieIN47302
419 W Howard St
MuncieIN47305
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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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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.
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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
2604 W Memorial Dr
MuncieIN47302
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.
511 W Riverside Ave
MuncieIN47303
1809 S Clark St
MuncieIN47302
1801 S Clark St
MuncieIN47302
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710 W Kilgore Ave
MuncieIN47305
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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.
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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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Showing Results 1-25, 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 | $682 | $590 | $900 |
| Cheap Muncie 1 Bedroom Apartments | $854 | $595 | $1,800 |
| Cheap Muncie 2 Bedroom Apartments | $990 | $510 | $1,650 |
| Cheap Muncie 3 Bedroom Apartments | $783 | $350 | $1,463 |
| Cheap Muncie 4 Bedroom Apartments | $493 | $350 | $1,000 |
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: 10/22/2025Current apartment rentals in the Muncie, IN area range in price from $350 to $1,800 with an overall median price of $1,600. The three Muncie neighborhoods with the lowest median rent pricing are Downtown Muncie at $590, North Muncie at $350, and School at $590. 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 | $590 | 46 |
| North Muncie | $1,600 | $350 | 161 |
| School | $1,600 | $590 | 22 |
| South Muncie | $1,600 | $590 | 56 |
| Westacres | $1,600 | $350 | 111 |
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 |
| Applegate | Studio | Studio,1BA | $640 |
| Wilson School Apartments | 1 Bed 1 Bath Revised | 1BR,1BA | $650 |
| Kensington Apartments | 1/1 B | 1BR,1BA | $663 |
Best Value Apartments for Rent in Muncie, IN
As of October 23, 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 Near The Village With a Balcony Model at District on Wayne starting at $1,300 with a $1.18 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 | Near The Village With a Balcony | 3BR,2BA | $1.18 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.71 |
| 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 | 2/1 750sf | 2BR,1BA | $1.21 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
| 924 E Main St, Unit 924 one half | 924 E Main St | 1BR,1BA | $1.25 |
| 1001 W 1st St, Unit 2 | 1001 W 1st St | 1BR,1BA | $1.25 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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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.
Muncie, INPopulation: 68,529
Ranked #528
in US Census Population by City
Pet Friendly LifestyleMuncie, IN
Ranked #687
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $750.
What is the price of a cheap apartment in Muncie?
The cheapest apartment in Muncie is Wilson School Apartments which is listed at $650, 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 128 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 $358 which is $1,242 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.
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.
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.