
Cheap Apartments for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Muncie area of Muncie.


626 W Main St

511 W Riverside Ave

906 W Main St

The Cedars

Flats at West End

419 W Howard St
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.

1718 S Elm St

1523 E Washington St

710 W Kilgore Ave

1809 S Clark St

1801 S Clark St

1519 E Washington St

907 W Main St
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.

2418 E Memorial Dr

1300 N Granville Ave

2207 S Walnut St

2009 S Penn St

1703 E 14th St

1719-1719 1/2 W Adams St

321 S McKinley Ave
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.

1521 E Kirby Ave

1525 S Walnut 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.
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.
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 Studio Apartments | $700 | $700 | $700 |
| Downtown Muncie 1 Bedroom Apartments | $773 | $600 | $1,050 |
| Downtown Muncie 2 Bedroom Apartments | $993 | $700 | $1,600 |
| Downtown Muncie 3 Bedroom Apartments | $1,249 | $995 | $1,399 |
| Downtown Muncie 4 Bedroom Apartments | $795 | $795 | $795 |
Browse Apartments in this Neighborhood
There are currently 40 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
- Nearby Cities
- ZIP codes
- Local Counties
- 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 Arrasmith Apartments priced from $750. Flats at West End has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Flats at West End | 1 Bed, 1 bath | 1BR,1BA | $850 |
| District on Bethel | Fully Renovated! | 1BR,1BA | $850 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1,025 |
| Freedom Acres MHC | The Pulse 6016 | 2BR,2BA | $1,049 |
| White River Lofts | PRICE DROP White River Lofts - Layout D $350 Gi... | 1BR,1BA | $1,050 |
| Beacon Hill | 3.1a | 3BR,1BA | $1,068 |
| Rosewood Apartments | **2 MONTHS FREE!** Upgrade Your Space: Premium ... | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of December 02, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.18 |
| Beacon Hill | 3.1d | 3BR,1BA | $1.51 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $1.37 |
| Rosewood Apartments | **2 MONTHS FREE!** Upgrade Your Space: Premium ... | 2BR,1BA | $1.60 |
| White River Lofts | PRICE DROP White River Lofts - Layout A $350 Gi... | 1BR,1BA | $1.60 |
| Flats at West End | 1 Bed, 1 bath | 1BR,1BA | $1.42 |
| District on Bethel | Fully Renovated! | 1BR,1BA | $1.48 |
| 712 S Brittain Ave, Unit #2 | 712 S Brittain Ave | 1BR,1BA | $1.88 |
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.
Read ArticleQuick 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.
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
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 $750 at Arrasmith 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 $1,049 at Freedom Acres MHC.
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
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.
















