Cheap Apartments for Rent in the School Neighborhood of Muncie, IN from $500 (42 Rentals)

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

property at 906 W Main St

$599 - $995

1 To 2 Bedroom Rentals

Available Now

906 W Main St

MuncieIN47305
property at 626 W Main St

$650 - $900

1 To 3 Bedroom Rentals

Available Now

626 W Main St

MuncieIN47305

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The District on Linden
Studio to 2 Bedroom Apartments

The District on Linden

920 N Linden StMuncie, IN 47303
Student Housing
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Beacon Hill
1 to 4 Bedroom Apartments

Beacon Hill

816 N New York AveMuncie, IN 47303
Student Housing
  • Utilities Included

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The District on Dill
1 to 2 Bedroom Apartments

The District on Dill

519 N Dill StMuncie, IN 47303
Student Housing
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LABOR LOFTS
1 Bedroom Apartments

LABOR LOFTS

1125 S Walnut StMuncie, IN 47302
Corporate Housing
  • Utilities Included
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The District on University
2 to 3 Bedroom Apartments

The District on University

1501 W University AveMuncie, IN 47303
Student Housing
  • Utilities Included

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 Arrasmith Apartments priced from $750. Flats at West End has the second lowest priced unit, which is a Studio apartment currently listed from $760. Here are the most affordable School apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
Arrasmith Apartments1BR/1.0BA1BR,1BA$750
Flats at West EndStudioStudio,1BA$760
Kensington Apartments1/1 B1BR,1BA$808
424 Lofts1 bedroom1BR,1BA$875
River Edge ApartmentsClose to Campus1BR,1BA$925
Chesterfield Apartments3/1 800sf3BR,1BA$958
Rochester Manor3BR/1.0BA3BR,1BA$1,000
District on WayneNear The Village With a Balcony3BR,2BA$1,025
White River LoftsPRICE DROP White River Lofts - Layout D $350 Gi...1BR,1BA$1,050

Best Value Apartments for Rent in School, IN

As of January 21, 2026 the best value apartment in the School area is the $1.18 price per square foot Near The Village With a Balcony Model at District on Wayne in the in the School neighborhood starting from $1,300. The second greatest value School apartment is the 701 N Dicks St Model at 701 N Dicks St, Unit 3 starting at $1,600 with a $1.74 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 ListingModel NameBed/BathPrice Per Sq.Ft.
District on WayneNear The Village With a Balcony3BR,2BA$1.18
701 N Dicks St, Unit 3701 N Dicks St2BR,1.5BA$1.74
Arrasmith Apartments1BR/1.0BA1BR,1BA$0.90
Beacon Hill3.1a3BR,1BA$1.69
Chesterfield Apartments3/1 800sf3BR,1BA$1.20
424 Lofts1 bedroom1BR,1BA$1.09
White River LoftsPRICE DROP White River Lofts - Layout A $350 Gi...1BR,1BA$1.60
River Edge ApartmentsClose to Campus1BR,1BA$1.54
901 W Rex St, Unit 3901 W Rex StStudio ,1BA$1.63
Flats at West EndStudioStudio ,1BA$1.90

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 $750 at Arrasmith Apartments.

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 $908 at Kensington Apartments.

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 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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!