
Cheap Homes for Rent in Muncie, IN from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Muncie.


1311 E 11th St

1205 S Blaine St

1600 S Batavia Ave

820 W Howard St
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.

3423 S Dayton Ave

418 W 7th St
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.

302 W 6th St

1109 E 8th St

803 W Main St

826 W Main St

1818 W 7th St

1320 E Adams St

10 E Dogwood Dr

10 E Dogwood Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1404 E 24th St
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 | $1,073 | $775 | $1,850 |
Muncie 3 Bedroom Homes for Rent | $1,334 | $770 | $2,515 |
Muncie 4 Bedroom Homes for Rent | $1,587 | $1,200 | $1,999 |
Muncie 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Muncie
Explore Muncie
Muncie, IN Local Guide
- Muncie Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Muncie, IN
Pricing Updated: 06/05/2025Current apartment rentals in the Muncie, IN area range in price from $350 to $2,515 with an overall median price of $1,740. The three Muncie neighborhoods with the lowest median rent pricing are Westacres at $350, Downtown Muncie at $350, and North Muncie at $350. 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 |
---|---|---|---|
Westacres | $1,600 | $350 | 30 |
Downtown Muncie | $1,775 | $350 | 41 |
North Muncie | $1,775 | $350 | 71 |
School | $1,775 | $695 | 38 |
South Muncie | $1,775 | $600 | 30 |
Cheapest Available Muncie Apartments for Rent
 The cheapest available apartment rental in Muncie, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $510. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Muncie apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Haven | 4x4 | 4BR,4BA | $510 |
Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $549 |
Normandy Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $700 |
Applegate | Studio | Studio,1BA | $720 |
Wilson School Apartments | 1 Bed 1 Bath Loft | 1BR,1BA | $725 |
Best Value Apartments for Rent in Muncie, IN
As of June 05, 2025 the best value apartment in the Muncie area is the $1.04 price per square foot The Ripple 60% Model at Riverbend Flats in the in the South Muncie neighborhood starting from $1,011. The second greatest value Muncie apartment is the 2 Bed 2 Bath Apartment - Premium Model at The Latitude starting at $999 with a $1.09 price per square foot in the School 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. |
---|---|---|---|
Riverbend Flats | The Ripple 60% | 2BR,1BA | $1.04 |
The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.88 |
424 Lofts | 1 bedroom | 1BR,1BA | $1.00 |
2929 W County Rd 400 N, Unit 2929 | 2929 W County Rd 400 N | 2BR,1BA | $0.92 |
Wilson School Apartments | 1 Bed 1 Bath Loft | 1BR,1BA | $1.00 |
6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
Orchard Apartments | 2 Bedroom Standard | 2BR,1BA | $1.31 |
Normandy Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $1.21 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Muncie
What type of rentals are currently available in Muncie?
There are currently 173 Apartments for Rent in Muncie, IN with pricing that ranges from $350 to $1,800. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Muncie ranging from $550 to $2,800.
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 $2,800 with an average monthly rent of $1,524.
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 $539 to $1,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $770 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $350.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.