
Cheap Homes for Rent in School Neighborhood of Muncie, IN from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the School area of Muncie.


401 N Monroe St

810 W 1st St

115 E Willard St

219 E Willard 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.

1307 S Ebright St

614 W Charles St

1916 W White River Blvd

1001 W 1st St

1414 E Highland Ave
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.
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 | $1,019 | $775 | $1,200 |
| School 3 Bedroom Homes for Rent | $1,289 | $875 | $1,624 |
| School 4 Bedroom Homes for Rent | $1,702 | $1,485 | $2,025 |
| School 5 Bedroom Homes for Rent | $2,047 | $1,750 | $2,490 |
| School 6 Bedroom Homes for Rent | $2,307 | $2,125 | $2,490 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $825 |
Best Value Apartments for Rent in School, IN
As of April 27, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 812 W Main St, Unit #2 | 812 W Main St | 1BR,1BA | $0.43 |
| District on Wayne | Near The Village With a Balcony | 3BR,2BA | $1.09 |
| 424 Lofts | 2 bedroom | 2BR,1BA | $1.19 |
| Liberty Lofts | Thrive Downtown – Where Historic Charm Meets Mo... | 2BR,1BA | $1.56 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.25 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.03 |
| 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 |
| 714 W Main St, Unit 3 | 714 W Main St | 1BR,1BA | $1.63 |
| 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 116 Apartments for Rent in School, IN with pricing that ranges from $525 to $1,600. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in School ranging from $550 to $2,490.
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 $550 to $2,490 with an average monthly rent of $1,495.
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

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.

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.

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.

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.