Cheap Apartments for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $400 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Muncie area of Muncie.

property at 626 W Main St

$650 - $900

1 To 3 Bedroom Rentals

Available Now

626 W Main St

MuncieIN47305
property at 906 W Main St

$695 - $995

1 To 2 Bedroom Rentals

Available Now

906 W Main St

MuncieIN47305

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.

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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2213 E Memorial Dr
2 Bedroom Apartments

2213 E Memorial Dr

2213 E Memorial DrMuncie, IN 47302
  • Utilities Included
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District on Bethel
1 Bedroom Apartments

District on Bethel

1204-1206 W Bethel AveMuncie, IN 47303
  • Utilities Included

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 District on Linden
Studio to 2 Bedroom Apartments

The District on Linden

920 N Linden StMuncie, IN 47303
Student Housing
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Stadium View Apartments
1 to 4 Bedroom Apartments

Stadium View Apartments

1024 W Bethel AveMuncie, IN 47303
Student Housing
  • Utilities Included
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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304
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Beacon Hill
1 to 4 Bedroom Apartments

Beacon Hill

816 N New York AveMuncie, IN 47303
Student Housing
  • Utilities Included
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Wilson School Apartments
Studio to 2 Bedroom Apartments

Wilson School Apartments

301 W 13th StMuncie, IN 47302
Senior Living
  • Utilities Included
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Orchard Apartments
Studio to 3 Bedroom Apartments

Orchard Apartments

720 W Centennial AveMuncie, IN 47303

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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The District on Dill
1 to 2 Bedroom Apartments

The District on Dill

519 N Dill StMuncie, IN 47303
Student Housing
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424 Lofts
1 to 2 Bedroom Apartments

424 Lofts

424 S Monroe StMuncie, IN 47305
Corporate Housing
  • Utilities Included
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LABOR LOFTS
1 Bedroom Apartments

LABOR LOFTS

1125 S Walnut StMuncie, IN 47302
Corporate Housing
  • Utilities Included

Downtown Muncie, Muncie, IN Local Guide

Cheapest Available Downtown Muncie Apartments for Rent

 

The cheapest available apartment rental in the Downtown Muncie area of Muncie, IN is a Studio unit found at Flats at West End priced from $550. Kensington Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $663. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
Flats at West EndStudio, 1 bathStudio,1BA$550
Kensington Apartments1/1 A1BR,1BA$663
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725
Arrasmith Apartments1BR/1.0BA1BR,1BA$750
River Edge ApartmentsClose to Campus1BR,1BA$795
Freedom Acres MHCBlazer Extreme2BR,1BA$849
District on BethelFully Renovated!1BR,1BA$850
District on WayneNear The Village With a Balcony3BR,2BA$1,025
White River LoftsPRICE DROP White River Lofts - Layout D $350 Gi...1BR,1BA$1,050

Best Value Apartments for Rent in Downtown Muncie, IN

As of December 20, 2025 the best value apartment in the Downtown Muncie area is the $1.18 price per square foot Near The Village With a Balcony Model at District on Wayne in the in the School neighborhood starting from $1,300. The second greatest value Downtown Muncie apartment is the 3.1d Model at Beacon Hill starting at $1,363 with a $1.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
District on WayneNear The Village With a Balcony3BR,2BA$1.18
Beacon Hill3.1d3BR,1BA$1.51
306 E North St, Unit 1306 E North St2BR,1BA$0.97
Arrasmith Apartments1BR/1.0BA1BR,1BA$0.90
Freedom Acres MHCBlazer Extreme2BR,1BA$1.11
White River LoftsPRICE DROP White River Lofts - Layout A $350 Gi...1BR,1BA$1.60
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$1.12
River Edge ApartmentsClose to Campus1BR,1BA$1.33
District on BethelFully Renovated!1BR,1BA$1.48
Flats at West EndStudio, 1 bathStudio ,1BA$1.38

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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The 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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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 Lifestyle
Downtown Muncie, Muncie, IN

Ranked #4

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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 $663 at Kensington 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 $844 at Wilson School Apartments.

What is the most affordable Downtown Muncie Three Bedroom Apartment?

The best deal on a cheap Downtown Muncie Three Bedroom Apartment rental is at District on Wayne and starts from $1,025.

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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.