810 W 1st St
MuncieIN47305
Cheap Homes for Rent in Downtown Muncie Neighborhood of Muncie, IN from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Muncie area of Muncie.
611 W Jackson St
MuncieIN47305
1307 S Ebright St
MuncieIN47302
542 W Wilson Ave, Unit .5
542 W Wilson Ave
MuncieIN47305
1711 S Blaine St
MuncieIN47302
1019 N Macedonia 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.
1611 S Gharkey St
MuncieIN47302
1609 S Gharkey St
MuncieIN47302
418 W 7th St
MuncieIN47302
2017 N Glenwood Ave
MuncieIN47304
2009 N Janney Ave
MuncieIN47304
2219 S Elm St
MuncieIN47302
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.
1327 W Kilgore Ave
MuncieIN47305
Showing Results 1-13, 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 | $1,105 | $750 | $1,455 |
| Downtown Muncie 3 Bedroom Homes for Rent | $1,278 | $750 | $1,725 |
| Downtown Muncie 4 Bedroom Homes for Rent | $1,627 | $1,200 | $2,025 |
| Downtown Muncie 5 Bedroom Homes for Rent | $1,783 | $1,400 | $2,100 |
| Downtown Muncie 6 Bedroom Homes for Rent | $2,125 | $2,125 | $2,125 |
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 13 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
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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 1 Bed unit found at Kensington Apartments priced from $710. Wilson School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kensington Apartments | 1/1 B | 1BR,1BA | $710 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $725 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $825 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $875 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of March 15, 2026 the best value apartment in the Downtown Muncie area is the $0.95 price per square foot Maynardville Classic 72 Model at Freedom Acres MHC in the in the Westacres neighborhood starting from $1,099. The second greatest value Downtown Muncie apartment is the Fully Renovated! Model at District on Bethel starting at $1,325 with a $1.20 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. |
|---|---|---|---|
| Freedom Acres MHC | Maynardville Classic 72 | 3BR,2BA | $0.95 |
| District on Bethel | Fully Renovated! | 3BR,2BA | $1.20 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| 424 Lofts | 2 bedroom | 2BR,1BA | $1.19 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.25 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.03 |
| Liberty Lofts | 2BR/1.0BA | 2BR,1BA | $1.47 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $1.12 |
| 1433 E Main St, Unit Apt 1 | 1433 E Main St | 1BR,1BA | $1.23 |
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 Article
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.
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
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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 151 Apartments for Rent in Downtown Muncie, IN with pricing that ranges from $599 to $1,600. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Muncie ranging from $599 to $2,125.
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 $599 to $2,125 with an average monthly rent of $1,442.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.