Cheap Homes for Rent in North Muncie Neighborhood of Muncie, IN from $500 (19 Rentals)

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

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 Now

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.

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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 1001 W 1st St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1001 W 1st St

MuncieIN47305
property at 1804 S Wall Ave

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899
Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

1804 S Wall Ave

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.

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Showing Results 1-19, Page 1 of 1

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
Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$599
ApplegateStudio Open - 288 sqftStudio,1BA$629

Best Value Apartments for Rent in North Muncie, IN

As of April 28, 2026 the best value apartment in the North 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 North 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 North Muncie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
812 W Main St, Unit #2812 W Main St1BR,1BA$0.43
University Village4BD/2BA Furnished Premium4BR,2BA$0.39
Delaware AcresRA 16723BR,2BA$1.00
District on WayneNear The Village With a Balcony3BR,2BA$1.09
Silvertree CommunitiesEverbrook Townhomes2BR,1.5BA$0.70
Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Chesterfield Apartments3/1 800sf3BR,1BA$1.03
Eaton Residence*Newly Renovated* Premium Style 2-Bedroom Apart...2BR,1BA$1.11
Freedom Acres MHCBlazer Extreme2BR,1BA$1.08
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,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.

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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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Best Local Schools in
North Muncie, Muncie, IN

School data provided by Great Schools

Frequently Asked Questions about North Muncie

What type of rentals are currently available in North Muncie?

There are currently 213 Apartments for Rent in North 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 North Muncie ranging from $550 to $3,800.

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 $550 to $3,800 with an average monthly rent of $1,565.

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 $305 to $1,449, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,200. 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

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.

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.