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

$665 - $995

1 To 2 Bedroom Rentals

Available Now

906 W Main St

MuncieIN47305

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.

property at 1008 W 1st St

$725 - $750

1 To 2 Bedroom Rentals

Available Now

1008 W 1st St

MuncieIN47305

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property at 111 S Vine St

$850 - $1,050

1 To 2 Bedroom Rentals

Available Now

111 S Vine St

MuncieIN47305
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

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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The District on Linden
Studio to 2 Bedroom Apartments

The District on Linden

920 N Linden StMuncie, IN 47303
Student Housing

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.

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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 Center Lofts
1 Bedroom Apartments

Labor Center Lofts

1125 S Walnut StMuncie, IN 47302
Corporate Housing
  • Utilities Included
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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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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

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.

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 ListingModel NameBed/BathPriced From
Flats at West End1BR/1.0BA1BR,1BA$675
Kensington Apartments1/1 A1BR,1BA$699
Chesterfield Apartments3/1 800sf3BR,1BA$825
424 Lofts1 bedroom1BR,1BA$875
River Edge ApartmentsClose to Campus1BR,1BA$925
Beacon Hill3.1a3BR,1BA$1,000
White River LoftsWhite River Lofts - Layout C1BR,1BA$1,050
Liberty LoftsThrive 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 ListingModel NameBed/BathPrice Per Sq.Ft.
812 W Main St, Unit #2812 W Main St1BR,1BA$0.43
District on WayneNear The Village With a Balcony3BR,2BA$1.09
424 Lofts2 bedroom2BR,1BA$1.19
Liberty LoftsThrive Downtown – Where Historic Charm Meets Mo...2BR,1BA$1.44
Beacon Hill3.1a3BR,1BA$1.25
Chesterfield Apartments3/1 800sf3BR,1BA$1.03
White River LoftsPRICE DROP White River Lofts - Layout A $350 Gi...1BR,1BA$1.60
River Edge ApartmentsClose to Campus1BR,1BA$1.54
714 W Main St, Unit 3714 W Main St1BR,1BA$1.63
Flats at West EndLuxury 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

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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.

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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.

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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.