
Cheap Apartments for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Muncie area of Muncie.


River Landing Apartments

610 S Council St

The Cedars
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.

Arrasmith Building

1506 E Main St

907 W Main St
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.

2418 E Memorial Dr

710 W Kilgore Ave

906 W Main St

1718 S Elm St
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.
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.
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 | $799 | $595 | $1,150 |
Downtown Muncie 2 Bedroom Apartments | $1,120 | $725 | $1,580 |
Downtown Muncie 3 Bedroom Apartments | $1,366 | $900 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Downtown Muncie Neighborhood of Muncie, IN.
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Downtown Muncie, Muncie, IN Local Guide
- Nearby Muncie neighborhoods
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- School Districts
Cheapest Available Downtown Muncie Apartments for Rent
 The cheapest available apartment rental in the Downtown Muncie area of Muncie, IN is a 1 Bed unit found at River Edge Apartments priced from $725. The District on Riverside has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
River Edge Apartments | 1 Bedroom Updated - 2nd Level | 1BR,1BA | $725 |
The District on Riverside | 2 Bed 2 Bath | 2BR,2BA | $750 |
Orchard Apartments | 2 Bedroom Standard | 2BR,1BA | $789 |
Beacon Hill | 1.1a | 1BR,1BA | $814 |
District on Bethel | Fully Renovated! | 1BR,1BA | $850 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of July 12, 2025 the best value apartment in the Downtown Muncie area is the $0.95 price per square foot 3 Bed 2 Bath Updated Model at District on Wayne in the in the School neighborhood starting from $1,050. The second greatest value Downtown Muncie apartment is the 3.1d Model at Beacon Hill starting at $1,563 with a $1.74 price per square foot in the School neighborhood. 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 Wayne | 3 Bed 2 Bath Updated | 3BR,2BA | $0.95 |
Beacon Hill | 3.1d | 3BR,1BA | $1.74 |
Rosewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.33 |
White River Lofts | PRICE DROP White River Lofts - Layout A $350 Gi... | 1BR,1BA | $1.75 |
River Edge Apartments | Close to Campus | 1BR,1BA | $1.33 |
The District on Riverside | 1 Bed 1 Bath Standard | 1BR,1BA | $1.25 |
District on Bethel | Fully Renovated! | 1BR,1BA | $1.48 |
Liberty Lofts | 1BR/1.0BA | 1BR,1BA | $1.66 |
1001 W 1st St, Unit 2 | 1001 W 1st St | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Muncie, Muncie, IN
Ranked #4
Among neighborhoods in Muncie, IN 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
Getting Around the Downtown Muncie Neighborhood in Muncie, IN
Walk Score®
72 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
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 Downtown Muncie Apartments
How much is rent for a Cheap One Bedroom Downtown Muncie Apartment?
The lowest price for a Cheap One Bedroom Downtown Muncie Apartment is $725 at River Edge Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Muncie Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Muncie is starting from $750 at The District on Riverside.
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.