
Cheap Homes for Rent in School Neighborhood of Muncie, IN from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the School area of Muncie.


824 W Main St, Unit 824 B

801-D W Riverside Ave

801-B W Riverside Ave

418 W 7th St
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.

614 W Charles St

813 W Memorial Dr

211 S Liberty St, Unit c

707 Muncie, Unit B

1708 W 11th 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.

319 W 10th St

1417 W Memorial Dr

415 W 9th St

417 S Council St
907 S Beacon St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

304 N Hackley St
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 | $800 | $750 | $850 |
| School 3 Bedroom Homes for Rent | $1,142 | $770 | $1,350 |
| School 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| School 5 Bedroom Homes for Rent | $1,982 | $1,475 | $2,490 |
| School 6 Bedroom Homes for Rent | $2,613 | $2,490 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 Studio unit found at Flats at West End priced from $550. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flats at West End | 0BR/1.0BA | Studio,1BA | $550 |
| Kensington Apartments | 1/1 A | 1BR,1BA | $699 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $875 |
| River Edge | Close to Campus | 1BR,1BA | $925 |
| Beacon Hill | 3.1a | 3BR,1BA | $950 |
Best Value Apartments for Rent in School, IN
As of June 11, 2026 the best value apartment in the School area is the $1.09 price per square foot Near The Village With a Balcony Model at The District On Wayne in the in the School neighborhood starting from $1,200. The second greatest value School apartment is the 3.1d Model at Beacon Hill starting at $1,150 with a $1.28 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. |
|---|---|---|---|
| The District On Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| Beacon Hill | 3.1d | 3BR,1BA | $1.28 |
| 326 W Charles St | Thrive Downtown – Where Historic Charm Meets Mo... | 2BR,1BA | $1.56 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Charles Commons | Charles Commons — Quiet Living, Close to Everyt... | 1BR,1BA | $1.41 |
| White River Lofts | PRICE DROP White River Lofts - Layout A $350 Gi... | 1BR,1BA | $1.60 |
| River Edge | Close to Campus | 1BR,1BA | $1.54 |
| 714 W Main St, Unit 3 | 714 W Main St | 1BR,1BA | $1.42 |
| 812 W Main St | 812 W Main St | Studio ,1BA | $1.60 |
| Flats at West End | 0BR/1.0BA | Studio ,1BA | $1.38 |
Frequently Asked Questions about School
What type of rentals are currently available in School?
There are currently 111 Apartments for Rent in School, IN with pricing that ranges from $550 to $1,595. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in School ranging from $595 to $2,800.
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 $595 to $2,800 with an average monthly rent of $1,512.
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 $950 to $1,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $770 to $1,350. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,400.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.