
Cheap Homes for Rent in the School Neighborhood of Muncie, IN from $405 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the School area of Muncie.


1818 W 7th St

519 S Liberty St

801-B W Riverside Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

801-D W Riverside Ave

1916 W White River Blvd

703 W Adams St, Unit Apartment 6

703 W Adams St, Unit Apartment 1
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

703 W Adams St, Unit Apartment 3
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 | $1,030 | $700 | $1,225 |
| School 3 Bedroom Homes for Rent | $1,304 | $405 | $1,650 |
| School 4 Bedroom Homes for Rent | $1,591 | $1,100 | $2,025 |
| School 5 Bedroom Homes for Rent | $1,906 | $1,550 | $2,125 |
| School 6 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 2 Beds unit found at The Lofts at Roberts priced from $416. 916 W Jackson St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here are the most affordable School apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR,1BA | $416 |
| 916 W Jackson St | 1/1 | 1BR,1BA | $720 |
| 316 S Monroe St | 1BR/1.0BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in School, IN
As of September 10, 2026 the best value apartment in the School area is the $1.02 price per square foot 3 bedroom Townhouse Model at City View Townhomes in the in the School neighborhood starting from $1,100. The second greatest value School apartment is the The Liberty Model at The Lofts at Roberts starting at $416 with a $0.42 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. |
|---|---|---|---|
| City View Townhomes | 3 bedroom Townhouse | 3BR,1.5BA | $1.02 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| Liberty Lofts | Thrive Downtown – Where Historic Charm Meets Mo... | 2BR,1BA | $1.32 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.31 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $1.13 |
| White River Lofts | ACT NOW While Supplies Last REDUCED RATE 1 BED ... | 1BR,1BA | $1.52 |
| Arrasmith Apartments | Arrasmith, in Downtown Muncie Live a Little More! | 1BR,1BA | $1.35 |
| 916 W Jackson St | 1/1 | 1BR,1BA | $1.33 |
| 316 S Monroe St | 1BR/1.0BA | 1BR,1BA | $1.55 |
| 820 W Howard St | 820 W Howard St | 1BR,1BA | $1.30 |
Frequently Asked Questions about School
What type of rentals are currently available in School?
There are currently 131 Apartments for Rent in School, IN with pricing that ranges from $352 to $1,925. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in School ranging from $405 to $2,125.
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 $405 to $2,125 with an average monthly rent of $1,323.
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 $699 to $1,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $405 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,250.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.