
Cheap Apartments for Rent in the School Neighborhood of Muncie, IN from $300 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the School area of Muncie.


City View Townhomes

100 S College Ave

501 W Adams St

904 W Main St

1517 W Main St

1101 W 1st St

802 1/2-802 N Mulberry St

808 W Beechwood Ave
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.

Total Monthly Price
820 W Howard St

626 W Main St

812 N Mulberry St

1207 S Blaine St

517-519-519 Wheeling Ave

Arrasmith Building

Flats at West End

321 W Charles St

815 W University Ave
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.

319 W 10th St

417 S Council St

424 Lofts

511 W Charles St

Total Monthly Price
220 N McKinley Ave, Unit 220 N. McKinley Ave. Muncie, IN 47303

114 E 8th St

Charles Commons

Kelso Place Apartments

Rochester Manor
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.

1719 1/2-1719 1/2 W Adams St

White River Lofts

418 W 7th St

The District on Linden

519 S Liberty St

1224 E Main St

The District on Riverside

916 W Jackson St

801-B W Riverside Ave
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.

801-D W Riverside Ave

The District on Dill

Beacon Hill

The District on University

216 S Dill St

Kensington Apartments

1521 S Mulberry St

River Edge Apartments

Chesterfield Apartments
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.

717 N Mulberry St

McKinley Heights

605 W 10th St

427 S Mound St
School, Muncie, IN Local Guide

How much does it cost to rent an apartment in School?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| School Studio Apartments | $699 | $699 | $699 |
| School 1 Bedroom Apartments | $752 | $352 | $1,050 |
| School 2 Bedroom Apartments | $980 | $426 | $1,595 |
| School 3 Bedroom Apartments | $1,078 | $487 | $1,542 |
| School 4 Bedroom Apartments | $1,586 | $1,459 | $1,713 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 1 mile radius of the School Neighborhood of Muncie, IN.
See all Apartments in MuncieExplore Muncie
Cheapest Available School Apartments for Rent
 The cheapest available apartment rental in the School area of Muncie, IN is a 2 Beds unit found at The Lofts at Roberts priced from $416. Labor Center Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable School apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR,1BA | $416 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $660 |
| 916 W Jackson St | 1/1 | 1BR,1BA | $750 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $875 |
| Beacon Hill | 2.1a | 2BR,1BA | $908 |
| River Edge Apartments | 1 Bedroom Updated - 2nd Level | 1BR,1BA | $925 |
| Charles Commons | Charles Commons — Quiet Living, Close to Everyt... | 1BR,1BA | $960 |
| White River Lofts | PRICE DROP White River Lofts - Layout D $350 Gi... | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in School, IN
As of July 23, 2026 the best value apartment in the School 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 School apartment is the Near The Village With a Balcony Model at District on Wayne starting at $1,200 with a $1.09 price per square foot in the School neighborhood. Here is today’s list of the best values for School apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 218 E 8th St | 3 Beds, 1 Baths | 3BR,1BA | $0.78 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| 220 N McKinley Ave, Unit 220 N. McKinley Ave. Muncie, IN 47303 | 220 N McKinley Ave | 2BR,1BA | $0.90 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| Beacon Hill | 3.1d | 3BR,1BA | $1.50 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $0.85 |
| Charles Commons | Charles Commons — Quiet Living, Close to Everyt... | 1BR,1BA | $1.41 |
| 916 W Jackson St | 1/1 | 1BR,1BA | $1.39 |
| 820 W Howard St | 820 W Howard St | 1BR,1BA | $1.40 |
Frequently Asked Questions about Cheap School Apartments
What is the price of a cheap apartment in School?
The cheapest apartment in School is Labor Center Lofts which is listed at $660, while the average apartment in School costs $1,459.
What types of apartments are the cheapest in School?
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 5 regular apartments in School that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.