Cheap Apartments for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $400 (25 Rentals)

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

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.

property at 907 W Main St

907 W Main St

MuncieIN47305

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.

property at 906 W Main St

906 W Main St

MuncieIN47305
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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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Rector Suites
Studio to 1 Bedroom Apartments

Rector Suites

522 W Adams StMuncie, IN 47305
  • Utilities Included

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.

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District on Bethel
1 Bedroom Apartments

District on Bethel

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

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.

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LABOR LOFTS
1 Bedroom Apartments

LABOR LOFTS

1125 S Walnut StMuncie, IN 47302
  • Utilities Included
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424 Lofts
1 Bedroom Apartments

424 Lofts

424 S Monroe StMuncie, IN 47305
  • 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 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 ListingModel NameBed/BathPriced From
River Edge Apartments1 Bedroom Updated - 2nd Level1BR,1BA$725
The District on Riverside2 Bed 2 Bath2BR,2BA$750
Orchard Apartments2 Bedroom Standard2BR,1BA$789
Beacon Hill1.1a1BR,1BA$814
District on BethelFully 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 ListingModel NameBed/BathPrice Per Sq.Ft.
District on Wayne3 Bed 2 Bath Updated3BR,2BA$0.95
Beacon Hill3.1d3BR,1BA$1.74
Rosewood Apartments2BR/1.0BA2BR,1BA$1.33
White River LoftsPRICE DROP White River Lofts - Layout A $350 Gi...1BR,1BA$1.75
River Edge ApartmentsClose to Campus1BR,1BA$1.33
The District on Riverside1 Bed 1 Bath Standard1BR,1BA$1.25
District on BethelFully Renovated!1BR,1BA$1.48
Liberty Lofts1BR/1.0BA1BR,1BA$1.66
1001 W 1st St, Unit 21001 W 1st St1BR,1BA$1.40

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 neighborhoods in Muncie, IN 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 $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.

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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.

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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.

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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.

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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.