Cheap Apartments for Rent in the North Muncie Neighborhood of Muncie, IN from $300 (129 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Muncie area of Muncie.

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.

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property at 906 W Main St

$665 - $995

1 To 2 Bedroom Rentals

Available Now

906 W 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.

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property at 2007 S Manhattan Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

2007 S Manhattan Ave

MuncieIN47302

Cash 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.

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721 W Main St, Unit #3
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
1 Bedroom Apartment Available Now

721 W Main St, Unit #3

721 W Main StMuncie, IN 47305
Furnished

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.

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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.

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Showing Results 1-50, Page 1 of 3

North Muncie, Muncie, IN Local Guide

Cheapest Available North Muncie Apartments for Rent

 

The cheapest available apartment rental in the North Muncie area of Muncie, IN is a 4 Beds unit found at University Village priced from $514. Flats at West End has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here are the most affordable North Muncie apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
University Village4BD/2BA Furnished Premium4BR,2BA$514
Flats at West End0BR/1.0BAStudio,1BA$550
The Haven4x44BR,4BA$565
ApplegateStudio Open - 288 sqftStudio,1BA$595
Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$599
The Alan1A 50%1BR,1BA$712
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725

Best Value Apartments for Rent in North Muncie, IN

As of June 01, 2026 the best value apartment in the North Muncie area is the $0.39 price per square foot 4BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $514. The second greatest value North 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 North Muncie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village4BD/2BA Furnished Premium4BR,2BA$0.39
Freedom Acres MHCPulse 76163BR,2BA$0.94
District on WayneNear The Village With a Balcony3BR,2BA$1.09
District on Bethel3 Bed 2 Bath - South Tower3BR,2BA$1.16
Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Silvertree CommunitiesSilvertree 2bd2BR,1BA$0.70
424 Lofts1 bedroom1BR,1BA$1.09
Eaton Residence*Newly Renovated* Premium Style 2-Bedroom Apart...2BR,1BA$1.11
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$1.12
1433 E Main St, Unit Apt 11433 E Main St1BR,1BA$1.23

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.

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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.

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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.

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Best Local Schools in
North Muncie, Muncie, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap North Muncie Apartments

What is a cheap apartment in North Muncie?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Muncie is under $725.

What is the price of a cheap apartment in North Muncie?

The cheapest apartment in North Muncie is Flats at West End which is listed at $690, while the average apartment in North Muncie costs $1,040.

What types of apartments are the cheapest in North Muncie?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 147 regular apartments in North Muncie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Muncie?

Cheap apartments in North Muncie have an average cost of $501 which is $539 cheaper than the average rent for all rentals in North Muncie.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.