401 N Monroe St
MuncieIN47305
Cheap Homes for Rent in Muncie, IN from $500 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Muncie.
810 W 1st St
MuncieIN47305
115 E Willard St
MuncieIN47302
219 E Willard St
MuncieIN47302
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$630Studio Apartments Available Apr 30
713 Efficiency Muncie
713 Efficiency MuncieMuncie, IN 47302
1307 S Ebright St
MuncieIN47302
1610 E Princeton Ave
MuncieIN47303
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.
1019 N Macedonia Ave
MuncieIN47303
614 W Charles St
MuncieIN47305
1916 W White River Blvd
MuncieIN47303
6304 E Piccadilly Rd
MuncieIN47303
6309 E Piccadilly Rd
MuncieIN47303
3425 S Dayton Ave
MuncieIN47302
1703 W Adams St
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.
2815 S Elm St
MuncieIN47302
1001 W 1st St
MuncieIN47305
2009 N Janney Ave
MuncieIN47304
1804 S Wall Ave
MuncieIN47302
10 E Dogwood Dr
MuncieIN47303
10 E Dogwood Dr
MuncieIN47303
206 W 13th 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.
1414 E Highland Ave
MuncieIN47303
Showing Results 1-22, Page 1 of 1
Muncie, IN Local Guide
How much does it cost to rent a home in Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Muncie 2 Bedroom Homes for Rent | $1,064 | $750 | $1,400 |
| Muncie 3 Bedroom Homes for Rent | $1,268 | $750 | $1,725 |
| Muncie 4 Bedroom Homes for Rent | $1,630 | $950 | $2,025 |
| Muncie 5 Bedroom Homes for Rent | $2,038 | $1,750 | $2,490 |
| 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 Top Homes for Rent in Muncie
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Muncie, IN Local Guide
- Muncie Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Muncie, IN
Pricing Updated: 04/26/2026Current apartment rentals in the Muncie, IN area range in price from $305 to $1,800 with an overall median price of $1,101. The three Muncie neighborhoods with the lowest median rent pricing are School at $525, North Muncie at $305, and Westacres at $305. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Muncie Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| School | $1,037 | $525 | 38 |
| North Muncie | $1,040 | $305 | 256 |
| Westacres | $1,040 | $305 | 199 |
| Downtown Muncie | $1,196 | $525 | 161 |
| South Muncie | $1,196 | $525 | 169 |
Cheapest Available Muncie Apartments for Rent
The cheapest available apartment rental in Muncie, IN is a 4 Beds unit found at University Village in the Westacres neighborhood priced from $514. Flats at West End in the School neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Muncie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $514 |
| Flats at West End | 0BR/1.0BA | Studio,1BA | $550 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $599 |
| Applegate | Studio Open - 288 sqft | Studio,1BA | $629 |
Best Value Apartments for Rent in Muncie, IN
As of April 27, 2026 the best value apartment in the 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 Muncie apartment is the 4BD/2BA Furnished Premium Model at University Village starting at $514 with a $0.39 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for 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 |
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $0.39 |
| Delaware Acres | RA 1672 | 3BR,2BA | $1.00 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| District on Bethel | 3 Bed 2 Bath - South Tower Vaulted Ceiling | 3BR,2BA | $1.18 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.03 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $1.08 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $1.12 |
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.
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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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Muncie, INPopulation: 68,529
Ranked #528
in US Census Population by City
Best Local Schools in Muncie, IN
School data provided by Great Schools
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Frequently Asked Questions about Muncie
What type of rentals are currently available in Muncie?
There are currently 218 Apartments for Rent in Muncie, IN with pricing that ranges from $305 to $1,800. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Muncie ranging from $550 to $2,490.
What is the current price range for Rental Homes in Muncie?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Muncie ranges from $550 to $2,490 with an average monthly rent of $1,509.
How much are larger Three and Four Bedroom Rentals in Muncie?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Muncie range from $305 to $1,449, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,725. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $449.
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.