Cheap Homes for Rent in North Muncie Neighborhood of Muncie, IN from $500 (15 Rentals)

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

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.

property at 1610 E Princeton Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Apr 1

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.

property at 2219 S Elm St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

3 Bedroom, 2 Bath Home for Rent

Available Now

2219 S Elm St

MuncieIN47302

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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.

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 The Haven priced from $565. Yugo Muncie Varsity House has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here are the most affordable North Muncie apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$565
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$569
ApplegateStudio Open - 288 sqftStudio,1BA$654
Kensington Apartments1/1 A1BR,1BA$699
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725

Best Value Apartments for Rent in North Muncie, IN

As of March 13, 2026 the best value apartment in the North Muncie area is the $1.11 price per square foot 3x1.5 R Model at Canterbury Townhomes in the in the Westacres neighborhood starting from $1,438. The second greatest value North Muncie apartment is the 3x2 Renovated Model at The Latitude Apartments starting at $1,299 with a $1.11 price per square foot in the North Muncie 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.
Canterbury Townhomes3x1.5 R3BR,1.5BA$1.11
The Latitude Apartments3x2 Renovated3BR,2BA$1.11
Freedom Acres MHCMaynardville Classic 723BR,2BA$0.95
District on WayneNear The Village With a Balcony3BR,2BA$1.09
Silvertree CommunitiesEverbrook Townhomes2BR,1.5BA$0.70
Delaware AcresPulse 60162BR,2BA$1.04
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Arrasmith Apartments1BR/1.0BA1BR,1BA$0.90
Chesterfield Apartments3/1 800sf3BR,1BA$1.03
Eaton Residence*Newly Renovated* Premium Style 2-Bedroom Apart...2BR,1BA$1.11

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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The 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.

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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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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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Frequently Asked Questions about North Muncie

What type of rentals are currently available in North Muncie?

There are currently 208 Apartments for Rent in North Muncie, IN with pricing that ranges from $350 to $1,800. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Muncie ranging from $599 to $3,750.

What is the current price range for Rental Homes in North Muncie?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Muncie ranges from $599 to $3,750 with an average monthly rent of $1,475.

How much are larger Three and Four Bedroom Rentals in North Muncie?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Muncie range from $350 to $1,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,200 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.