Cheap Apartments for Rent in the North Muncie Neighborhood of Muncie, IN from $340 (92 Rentals)

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

property at 706 E Jackson St
$550 - $875
1 To 2 Bedroom Rentals
Available Now
Affordability

706 E Jackson St

MuncieIN47305
property at 100 S College Ave
$550 - $675
1 To 2 Bedroom Rentals
Available Now
Affordability

100 S College Ave

MuncieIN47303

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.

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820 W Howard St
$650

Total Monthly Price

Base Rent$650
Total Monthly Price$650
1 Bedroom Apartment Available Now

820 W Howard St

820 W Howard StMuncie, IN 47305
Affordability
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property at 1945 W 11th St
$675
1 Bedroom Rentals
Available Now
Affordability

1945 W 11th St

MuncieIN47302

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 216 S Dill St
$850
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

216 S Dill 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.

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Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at The Lofts at Roberts priced from $416. The Haven has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here are the most affordable North Muncie apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
The Lofts at RobertsThe Liberty2BR,1BA$416
The Haven4x44BR,4BA$565
Muncie Varsity House3 Bed, 3 Bath Plus3BR,3BA$569
Cole Street Apts: Close to Campus1 Bed Fully Renovated1BR,1BA$720
916 W Jackson St1/11BR,1BA$720
2824 E Memorial Dr2BR/1.0BA2BR,1BA$725
316 S Monroe St1BR/1.0BA1BR,1BA$775
Wilson School Apartments1 Bed 1 Bath1BR,1BA$799

Best Value Apartments for Rent in North Muncie, IN

As of September 04, 2026 the best value apartment in the North Muncie area is the $0.78 price per square foot 3 Beds, 1 Baths Model at 218 E 8th St in the in the School neighborhood starting from $1,200. The second greatest value North Muncie apartment is the 2BD + Den/2BA Unfurnished Premium Model at University Village starting at $779 with a $0.60 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.
218 E 8th St3 Beds, 1 Baths3BR,1BA$0.78
University Village2BD + Den/2BA Unfurnished Premium2BR,2BA$0.60
City View Townhomes3 bedroom Townhouse3BR,1.5BA$1.02
Silvertree CommunitiesLinden Place3BR,2BA$0.41
The Lofts at RobertsThe Liberty2BR,1BA$0.42
The Latitude Apartments2x2 Upgrade2BR,2BA$1.17
Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.67
Labor Center Lofts1BR/1.0BA1BR,1BA$1.13
Eaton ResidenceMove in Ready Premium Style 2-Bedroom Apartment...2BR,1BA$1.18
*Newly Renovated* Premium Style 2-4 BD Apartment Home2 Beds, 1 bath2BR,1BA$0.94

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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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.

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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 $799.

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

The cheapest apartment in North Muncie is Cole Street Apts: Close to Campus which is listed at $720, while the average apartment in North Muncie costs $1,000.

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 95 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 $544 which is $456 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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

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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.