401 N Monroe St
MuncieIN47305
Cheap Homes for Rent in Downtown Muncie Neighborhood of Muncie, IN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Muncie area of Muncie.
810 W 1st St
MuncieIN47305
219 E Willard St
MuncieIN47302
1307 S Ebright St
MuncieIN47302
1019 N Macedonia Ave
MuncieIN47303
614 W Charles St
MuncieIN47305
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.
2321 N Macedonia Ave
MuncieIN47303
1001 W 1st St
MuncieIN47305
2009 N Janney Ave
MuncieIN47304
1804 S Wall Ave
MuncieIN47302
206 W 13th St
MuncieIN47302
1414 E Highland Ave
MuncieIN47303
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 1-12, Page 1 of 1
Downtown Muncie, Muncie, IN Local Guide
How much does it cost to rent a home in Downtown Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Muncie 2 Bedroom Homes for Rent | $1,067 | $775 | $1,399 |
| Downtown Muncie 3 Bedroom Homes for Rent | $1,298 | $750 | $1,725 |
| Downtown Muncie 4 Bedroom Homes for Rent | $1,635 | $950 | $2,025 |
| Downtown Muncie 5 Bedroom Homes for Rent | $2,038 | $1,750 | $2,490 |
| Downtown Muncie 6 Bedroom Homes for Rent | $2,398 | $2,125 | $2,490 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 12 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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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 $710. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flats at West End | 0BR/1.0BA | Studio,1BA | $550 |
| Kensington Apartments | 1/1 B | 1BR,1BA | $710 |
| The Alan | 1A 50% | 1BR,1BA | $712 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $725 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $825 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of April 29, 2026 the best value apartment in the Downtown Muncie area is the $0.43 price per square foot 812 W Main St Model at 812 W Main St, Unit #2 in the in the School neighborhood starting from $850. The second greatest value Downtown Muncie apartment is the 3 Bed 2 Bath - South Tower Vaulted Ceiling Model at District on Bethel starting at $1,295 with a $1.18 price per square foot in the South Muncie 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. |
|---|---|---|---|
| 812 W Main St, Unit #2 | 812 W Main St | 1BR,1BA | $0.43 |
| District on Bethel | 3 Bed 2 Bath - South Tower Vaulted Ceiling | 3BR,2BA | $1.18 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.25 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.03 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $1.08 |
| The Alan | 1A | 1BR,1BA | $1.31 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $1.12 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $1.54 |
| Flats at West End | 0BR/1.0BA | Studio ,1BA | $1.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleCash 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.
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.
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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 Downtown Muncie
What type of rentals are currently available in Downtown Muncie?
There are currently 157 Apartments for Rent in Downtown Muncie, IN with pricing that ranges from $525 to $1,600. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Muncie ranging from $550 to $2,490.
What is the current price range for Rental Homes in Downtown Muncie?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Muncie ranges from $550 to $2,490 with an average monthly rent of $1,517.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.