1818 W 7th St
MuncieIN47302
Cheap Homes for Rent in Downtown Muncie Neighborhood of Muncie, IN from $500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Muncie area of Muncie.
1507 W 9th St
MuncieIN47302
810 W 1st St
MuncieIN47305
619 S Mound St
MuncieIN47305
421 W 9th St
MuncieIN47302
1224 E Main St
MuncieIN47305
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.
646 N Mulberry St
MuncieIN47305
817 W Main St
MuncieIN47305
1223 S Franklin St
MuncieIN47302
707 S Luick Ave
MuncieIN47302
1014 N Hodson Ave
MuncieIN47303
418 W 7th 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.
542 W Wilson Ave, Unit .5
542 W Wilson Ave
MuncieIN47305
1516 Wheeling Ave
MuncieIN47303
115 E Willard St
MuncieIN47302
721 W Main St
MuncieIN47305
415 1/2 W Main St
MuncieIN47305
2317 N Turner St
MuncieIN47303
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.
1608 N Macedonia Ave
MuncieIN47303
Showing Results 1-19, Page 1 of 1
Downtown Muncie, Muncie, IN Local Guide
Fine Arts Building at BSU by Rapierce is licensed under Public Domain
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 | $1,054 | $700 | $1,500 |
| Downtown Muncie 3 Bedroom Homes for Rent | $1,216 | $675 | $1,699 |
| Downtown Muncie 4 Bedroom Homes for Rent | $1,415 | $1,000 | $1,800 |
| Downtown Muncie 5 Bedroom Homes for Rent | $1,700 | $1,500 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 19 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
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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 $700. 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 | $700 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $725 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Flats at West End | Studio | Studio,1BA | $760 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $829 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of January 27, 2026 the best value apartment in the Downtown Muncie area is the $1.09 price per square foot Near The Village With a Balcony Model at District on Wayne in the in the School neighborhood starting from $1,200. The second greatest value Downtown Muncie apartment is the 1BR/1.0BA Model at Arrasmith Apartments starting at $750 with a $0.90 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 | $1.09 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.07 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $1.08 |
| 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 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $1.12 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $1.54 |
| District on Bethel | Fully Renovated! | 1BR,1BA | $1.48 |
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
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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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 143 Apartments for Rent in Downtown Muncie, IN with pricing that ranges from $599 to $1,600. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Muncie ranging from $500 to $1,850.
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 $500 to $1,850 with an average monthly rent of $1,203.
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 $995 to $1,354, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $1,699. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $750.
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
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.
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.