418 W 7th St
MuncieIN47302
Cheap Homes for Rent in the Downtown Muncie Neighborhood of Muncie, IN from $405 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Muncie area of Muncie.
1818 W 7th St
MuncieIN47302
1221 S Hoyt Ave
MuncieIN47302
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.
519 S Liberty St
MuncieIN47305
801-B W Riverside Ave
MuncieIN47303
801-D W Riverside Ave
MuncieIN47303
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.
909 N Brady St
MuncieIN47303
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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 | $1,065 | $700 | $1,390 |
| Downtown Muncie 3 Bedroom Homes for Rent | $1,310 | $405 | $1,725 |
| Downtown Muncie 4 Bedroom Homes for Rent | $1,623 | $995 | $2,100 |
| Downtown Muncie 5 Bedroom Homes for Rent | $1,928 | $1,550 | $2,125 |
| Downtown Muncie 6 Bedroom Homes for Rent | $2,298 | $2,025 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 2 Beds unit found at The Lofts at Roberts priced from $416. Cole Street Apts: Close to Campus has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. 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 |
| Cole Street Apts: Close to Campus | 1 Bed Fully Renovated | 1BR,1BA | $720 |
| 916 W Jackson St | 1/1 | 1BR,1BA | $720 |
Best Value Apartments for Rent in Downtown Muncie, IN
As of September 13, 2026 the best value apartment in the Downtown Muncie area is the $1.23 price per square foot 3 Bed 2 Bath - South Tower Vaulted Ceiling Model at District on Bethel in the in the South Muncie neighborhood starting from $1,350. The second greatest value Downtown Muncie apartment is the 3 bedroom Townhouse Model at City View Townhomes starting at $1,100 with a $1.02 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 Bethel | 3 Bed 2 Bath - South Tower Vaulted Ceiling | 3BR,2BA | $1.23 |
| City View Townhomes | 3 bedroom Townhouse | 3BR,1.5BA | $1.02 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.31 |
| Wilson School Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.25 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $1.13 |
| *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 |
| 1433 E Main St, Unit Apt 1 | 1433 E Main St | 1BR,1BA | $1.23 |
| 820 W Howard St | 820 W Howard St | 1BR,1BA | $1.19 |
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
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.
Read ArticleReal 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.
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Quick Rent Budget Calculator
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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 180 Apartments for Rent in Downtown Muncie, IN with pricing that ranges from $352 to $1,925. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Muncie ranging from $405 to $2,500.
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 $405 to $2,500 with an average monthly rent of $1,341.
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 $699 to $1,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $405 to $1,725. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $1,080.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.