
Cheap Homes for Rent in School Neighborhood of Muncie, IN from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the School area of Muncie.


1507 W 9th St

810 W 1st St

1224 E Main St

646 N Mulberry 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.

421 W 9th St

619 S Mound St

817 W Main St

1223 S Franklin St

418 W 7th 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.

542 W Wilson Ave, Unit .5

211 S Liberty St

115 E Willard St

721 W Main St

415 1/2 W Main St
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.
School, Muncie, IN Local Guide

How much does it cost to rent a home in School?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| School 2 Bedroom Homes for Rent | $966 | $700 | $1,179 |
| School 3 Bedroom Homes for Rent | $1,152 | $675 | $1,545 |
| School 4 Bedroom Homes for Rent | $1,212 | $1,000 | $1,400 |
| School 5 Bedroom Homes for Rent | $1,700 | $1,500 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the School Neighborhood of Muncie, IN.
Explore 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 Kensington Apartments priced from $700. Arrasmith Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable School apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kensington Apartments | 1/1 B | 1BR,1BA | $700 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Flats at West End | Studio | Studio,1BA | $760 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $875 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $925 |
Best Value Apartments for Rent in School, IN
As of January 25, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.18 |
| 701 N Dicks St, Unit 3 | 701 N Dicks St | 2BR,1.5BA | $1.74 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.69 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.20 |
| 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 |
| 901 W Rex St, Unit 3 | 901 W Rex St | Studio ,1BA | $1.63 |
| Kensington Apartments | 1/1 A | 1BR,1BA | $1.88 |
Frequently Asked Questions about School
What type of rentals are currently available in School?
There are currently 105 Apartments for Rent in School, IN with pricing that ranges from $599 to $1,600. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in School ranging from $500 to $1,850.
What is the current price range for Rental Homes in School?
Today's rental pricing for Homes for Rent, Condos and Townhomes in School ranges from $500 to $1,850 with an average monthly rent of $1,130.
How much are larger Three and Four Bedroom Rentals in School?
For those who are looking for larger living arrangements, Three Bedroom Apartments in School range from $1,000 to $1,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $1,545. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $750.
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

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.

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.

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.

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.