Cheap Apartments for Rent in the School Neighborhood of Muncie, IN from $300 (49 Rentals)

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

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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820 W Howard St
$700
Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700
1 Bedroom Apartment Available Now

820 W Howard St

820 W Howard StMuncie, IN 47305
Affordability
  • Smoke Free

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property at 417 S Council St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 1 Bath Home for Rent

Available Now

417 S Council St

MuncieIN47305

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.

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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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916 W Jackson St
1 Bedroom Apartments

916 W Jackson St

916 W Jackson StMuncie, IN 47305

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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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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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Beacon Hill
1 to 4 Bedroom Apartments

Beacon Hill

816 N New York AveMuncie, IN 47303
Student 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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McKinley Heights
2 to 3 Bedroom Apartments

McKinley Heights

300 N McKinley AveMuncie, IN 47303

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 ListingModel NameBed/BathPriced From
The Lofts at RobertsThe Liberty2BR,1BA$416
Labor Center Lofts1BR/1.0BA1BR,1BA$660
916 W Jackson St1/11BR,1BA$750
424 Lofts1 bedroom1BR,1BA$875
Beacon Hill2.1a2BR,1BA$908
River Edge Apartments1 Bedroom Updated - 2nd Level1BR,1BA$925
Charles CommonsCharles Commons — Quiet Living, Close to Everyt...1BR,1BA$960
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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
218 E 8th St3 Beds, 1 Baths3BR,1BA$0.78
District on WayneNear The Village With a Balcony3BR,2BA$1.09
220 N McKinley Ave, Unit 220 N. McKinley Ave. Muncie, IN 47303220 N McKinley Ave2BR,1BA$0.90
The Lofts at RobertsThe Liberty2BR,1BA$0.42
Beacon Hill3.1d3BR,1BA$1.50
424 Lofts1 bedroom1BR,1BA$1.09
Labor Center Lofts1BR/1.0BA1BR,1BA$0.85
Charles CommonsCharles Commons — Quiet Living, Close to Everyt...1BR,1BA$1.41
916 W Jackson St1/11BR,1BA$1.39
820 W Howard St820 W Howard St1BR,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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.