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$352 - $9641 to 2 Bedroom Apartments Available Now
The Lofts at Roberts
420 S High StMuncie, IN 47305
Cheap Apartments for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $352 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Muncie area of Muncie.
915 W Powers St
MuncieIN47305
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$595
Total Monthly Price
Base Rent$595
Total Monthly Price$595
820 W Howard St
820 W Howard StMuncie, IN 47305
501 W Adams St
MuncieIN47305
1615 W 8th St
MuncieIN47302
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$650 - $8001 to 2 Bedroom Apartments Available Soon
River Landing Apartments
2590 W White River BlvdMuncie, IN 47303
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$675
Total Monthly Price
Base Rent$675
Total Monthly Price$675
1433 E Main St, Unit Apt 1
1433 E Main StMuncie, IN 47305
1400 Wheeling Ave
MuncieIN47303
1019-1019 W Memorial Dr
MuncieIN47302
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$7752 Bedroom Apartments Available Soon
Flats at West End
522 W Adams StMuncie, IN 47305
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
904 W Main St
MuncieIN47305
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$8101 Bedroom Apartments Available Now
Arrasmith Apartments
121 N High StMuncie, IN 47305
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$838 - $1,7002 to 4 Bedroom Apartments Available Now
City View Townhomes
400 E Howard StMuncie, IN 47305
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$870 - $1,0391 to 2 Bedroom Apartments Available Now
The Alan
2430 W Kilgore AveMuncie, IN 47304
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$880 - $1,190
Total Monthly Price
Base Rent$880 - $1,190
Total Monthly Price$880 - $1,190
Labor Center Lofts
1125 S Walnut StMuncie, IN 47302
703 W Adams St
MuncieIN47305
200 S Walnut St
MuncieIN47305
218 N Calvert St
MuncieIN47303
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2 Bedroom Apartments
2213 E Memorial Dr
2213 E Memorial DrMuncie, IN 47302
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1 Bedroom Apartments
District on Bethel
1204-1206 W Bethel AveMuncie, IN 47303
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
419 W 9th St
MuncieIN47302
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Studio to 2 Bedroom Apartments
The District on Linden
920 N Linden StMuncie, IN 47303
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Studio to 2 Bedroom Apartments
District on Oakwood
2000 N Oakwood AveMuncie, IN 47304
1221 S Hoyt Ave
MuncieIN47302
511 W Riverside Ave
MuncieIN47303
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1 Bedroom Apartments
The Cedars Apartments
1010 W Bethel RdMuncie, IN 47303
519 S Liberty St
MuncieIN47305
528 E Kohlmetz St
MuncieIN47303
1103 W Ashland Ave
MuncieIN47303
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1 to 2 Bedroom Apartments
Cole Street Apts: Close to Campus
715 S Cole AveMuncie, IN 47303
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 Bedroom Apartments
916 W Jackson St
916 W Jackson StMuncie, IN 47305
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2 Bedroom Apartments
2824 E Memorial Dr
2824 E Memorial DrMuncie, IN 47302
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1 to 3 Bedroom Apartments
The District on Riverside
808 W Riverside AveMuncie, IN 47303
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1 Bedroom Apartments
316 S Monroe St
316 S Monroe StMuncie, IN 47305
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Studio to 3 Bedroom Apartments
The Orchard
720 W Centennial AveMuncie, IN 47303
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2 Bedroom Apartments
None
709 S Hutchinson AveMuncie, IN 47303
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Studio to 2 Bedroom Apartments
Wilson School Apartments
301 W 13th StMuncie, IN 47302
309 W 8th St
MuncieIN47302
909 N Brady St
MuncieIN47303
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1 to 2 Bedroom Apartments
The District on Dill
519 N Dill StMuncie, IN 47303
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1916 W White River Blvd
MuncieIN47303
2302 S Ebright St
MuncieIN47302
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1 to 4 Bedroom Apartments
Beacon Hill
816 N New York AveMuncie, IN 47303
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2 to 3 Bedroom Apartments
The District on University
1501 W University AveMuncie, IN 47303
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Studio to 1 Bedroom Apartments
520 S Nichols Ave
520 S Nichols AveMuncie, IN 47303
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1 to 2 Bedroom Apartments
424 Lofts
424 S Monroe StMuncie, IN 47305
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1 to 3 Bedroom Apartments
Kensington Apartments
518 N Dill StMuncie, IN 47303
1430 W 14th St
MuncieIN47302
2700 E Memorial Dr
MuncieIN47302
2101 S Pershing Dr
MuncieIN47302
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.
Showing Results 1-50, Page 1 of 2
Downtown Muncie, Muncie, IN Local Guide
How much does it cost to rent an apartment in Downtown Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Muncie 1 Bedroom Apartments | $827 | $352 | $999 |
| Downtown Muncie 2 Bedroom Apartments | $1,061 | $775 | $1,595 |
| Downtown Muncie 3 Bedroom Apartments | $1,049 | $999 | $1,300 |
| Downtown Muncie 4 Bedroom Apartments | $1,625 | $1,600 | $1,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Downtown Muncie Neighborhood of Muncie, IN.
See all Apartments in MuncieExplore Muncie
Downtown Muncie, Muncie, IN Local Guide
- Nearby Muncie neighborhoods
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Cheapest Available Downtown Muncie Apartments for Rent
The cheapest available apartment rental in the Downtown Muncie area of Muncie, IN is a 2 Beds unit found at The Lofts at Roberts priced from $416. Cole Street Apts: Close to Campus has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR, 1BA | $416 |
| Cole Street Apts: Close to Campus | 1 Bed Fully Renovated | 1BR, 1BA | $720 |
| 916 W Jackson St | 1/1 | 1BR, 1BA | $720 |
| 2824 E Memorial Dr | 2BR/1.0BA | 2BR, 1BA | $725 |
| 316 S Monroe St | 1BR/1.0BA | 1BR, 1BA | $775 |
| Wilson School Apartments | 1 Bed 1 Bath | 1BR, 1BA | $799 |
| Arrasmith Apartments | Arrasmith, in Downtown Muncie Live a Little More! | 1BR, 1BA | $810 |
| City View Townhomes | 2 Bedroom Townhome | 2BR, 1BA | $838 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of September 24, 2026 the best value apartment in the Downtown Muncie area is the $1.23 price per square foot 3 Bed 2 Bath - South Tower Vaulted Ceiling Model at District on Bethel in the South Muncie neighborhood starting from $1,350. The second greatest value Downtown Muncie apartment is the 3 bedroom Townhouse Model at City View Townhomes in the School neighborhood starting at $1,100 with a $1.02 price per square foot. Here is today’s list of the best values for Downtown Muncie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| District on Bethel | 3 Bed 2 Bath - South Tower Vaulted Ceiling | 3BR, 2BA | $1.23 |
| City View Townhomes | 3 bedroom Townhouse | 3BR, 1.5BA | $1.02 |
| The Lofts at Roberts | The Liberty | 2BR, 1BA | $0.42 |
| Beacon Hill | 3.1a | 3BR, 1BA | $1.31 |
| Wilson School Apartments | 2 Bed 1 Bath | 2BR, 1BA | $1.25 |
| Labor Center Lofts | 1BR/1.0BA | 1BR, 1BA | $1.13 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR, 1BA | $0.94 |
| The Alan | The Elm-HC 60% | 2BR, 1BA | $1.26 |
| 1433 E Main St, Unit Apt 1 | 1433 E Main St | 1BR, 1BA | $1.23 |
| 820 W Howard St | 820 W Howard St | 1BR, 1BA | $1.19 |
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.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick 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.
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Pet Friendly LifestyleDowntown Muncie, Muncie, IN
Ranked #4
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Muncie, Muncie, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Muncie Apartments
What is the price of a cheap apartment in Downtown Muncie?
The cheapest apartment in Downtown Muncie is Cole Street Apts: Close to Campus which is listed at $720, while the average apartment in Downtown Muncie costs $870.
What types of apartments are the cheapest in Downtown 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 63 regular apartments in Downtown 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 Downtown Muncie?
Cheap apartments in Downtown Muncie have an average cost of $617 which is $253 cheaper than the average rent for all rentals in Downtown Muncie.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.