2207 S Walnut St
MuncieIN47302
Cheap Homes for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Muncie area of Muncie.
519 S Liberty St
MuncieIN47305
801-D W Riverside Ave
MuncieIN47303
801-B W Riverside Ave
MuncieIN47303
319 W 10th St
MuncieIN47302
216 S Dill St
MuncieIN47303
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2119 S Walnut St
MuncieIN47302
417 S Council St
MuncieIN47305
2009 N Janney Ave
MuncieIN47304
2307 W Charles St
MuncieIN47303
1521 S Mulberry St
MuncieIN47302
717 N Mulberry St
MuncieIN47305
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,074 | $700 | $1,295 |
| Downtown Muncie 3 Bedroom Homes for Rent | $1,303 | $850 | $1,725 |
| Downtown Muncie 4 Bedroom Homes for Rent | $1,588 | $850 | $2,025 |
| Downtown Muncie 5 Bedroom Homes for Rent | $1,991 | $1,874 | $2,100 |
| Downtown Muncie 6 Bedroom Homes for Rent | $2,330 | $2,250 | $2,370 |
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.
Explore 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 2 Beds unit found at The Lofts at Roberts priced from $416. Labor Center Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable Downtown Muncie apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR,1BA | $416 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $660 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $725 |
| 916 W Jackson St | 1/1 | 1BR,1BA | $750 |
| The Alan | 1A-HC 60% | 2BR,1BA | $870 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of July 30, 2026 the best value apartment in the Downtown Muncie area is the $0.78 price per square foot 3 Beds, 1 Baths Model at 218 E 8th St in the in the School neighborhood starting from $1,200. The second greatest value Downtown Muncie apartment is the Pulse 7616 Model at Freedom Acres MHC starting at $1,139 with a $0.94 price per square foot in the Westacres 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. |
|---|---|---|---|
| 218 E 8th St | 3 Beds, 1 Baths | 3BR,1BA | $0.78 |
| Freedom Acres MHC | Pulse 7616 | 3BR,2BA | $0.94 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| District on Bethel | 3 Bed 2 Bath - South Tower | 3BR,2BA | $1.16 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $0.85 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
| The Alan | 1A-HC 60% | 2BR,1BA | $1.26 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $1.12 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
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.
Let everyone know!
Do you know the Downtown Muncie area?
If you’re an expert on all things Downtown Muncie, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 158 Apartments for Rent in Downtown Muncie, IN with pricing that ranges from $352 to $1,713. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Muncie ranging from $600 to $2,370.
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 $600 to $2,370 with an average monthly rent of $1,508.
How much are larger Three and Four Bedroom Rentals in Downtown Muncie?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Muncie range from $487 to $1,542, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,725. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $1,459.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.