
Cheap Apartments for Rent in the School Neighborhood of Muncie, IN from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the School area of Muncie.


906 W Main St

Flats at West End

218 S Martin Ave

1621 W Jackson St

805 W University Ave

1718 S Elm St

1300 N Granville 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.

626 W Main St

542 W Wilson Ave, Unit .5, Unit .5

1008 W 1st St

710 N Mulberry St

Arrasmith Apartments

1525 S Walnut St

907 W Main St

1619 W Gilbert St
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.

106 N McKinley Ave

Total Monthly Price
812 W Main St, Unit #2, Unit #2

111 S Vine St

1333 E Main St

424 Lofts

1001 W 1st St

520 N Alameda Ave

421 W 9th St
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.

401 N Monroe St

The District on Linden

810 W 1st St

115 E Willard St

219 E Willard St

1307 S Ebright St

Kensington Apartments

The District on Riverside
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.

Chesterfield Apartments

614 W Charles St

The District on Dill

Labor Center Lofts

916 W Jackson St

1916 W White River Blvd

Beacon Hill

The District on University
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1703 W Adams St

1414 E Highland Ave
School, Muncie, IN Local Guide

How much does it cost to rent an apartment in School?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| School 1 Bedroom Apartments | $807 | $525 | $1,050 |
| School 2 Bedroom Apartments | $1,128 | $750 | $1,600 |
| School 3 Bedroom Apartments | $1,011 | $950 | $1,099 |
Browse Apartments in this Neighborhood
There are currently 42 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 1 Bed unit found at Flats at West End priced from $675. Kensington Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable School apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flats at West End | 1BR/1.0BA | 1BR,1BA | $675 |
| Kensington Apartments | 1/1 A | 1BR,1BA | $699 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $825 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $875 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $925 |
| Beacon Hill | 3.1a | 3BR,1BA | $1,000 |
| White River Lofts | White River Lofts - Layout C | 1BR,1BA | $1,050 |
| Liberty Lofts | Thrive Downtown – Where Historic Charm Meets Mo... | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in School, IN
As of April 24, 2026 the best value apartment in the School 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 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. |
|---|---|---|---|
| 812 W Main St, Unit #2 | 812 W Main St | 1BR,1BA | $0.43 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| 424 Lofts | 2 bedroom | 2BR,1BA | $1.19 |
| Liberty Lofts | Thrive Downtown – Where Historic Charm Meets Mo... | 2BR,1BA | $1.44 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.25 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.03 |
| White River Lofts | PRICE DROP White River Lofts - Layout A $350 Gi... | 1BR,1BA | $1.60 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $1.54 |
| 714 W Main St, Unit 3 | 714 W Main St | 1BR,1BA | $1.63 |
| Flats at West End | Luxury You Can Afford: Renovated 1BR Downtown |... | 1BR,1BA | $1.32 |
Frequently Asked Questions about Cheap School Apartments
How much is rent for a Cheap One Bedroom School Apartment?
The lowest price for a Cheap One Bedroom School Apartment is $675 at Flats at West End.
What is the lowest price for a Cheap Two Bedroom School Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in School is starting from $810 at Flats at West End.
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

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.

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.

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.

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.