Cheap Homes for Rent in the School Neighborhood of Muncie, IN from $400 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the School area of Muncie.

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.

property at 417 S Council St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 1 Bath Home for Rent

Available Now

417 S Council St

MuncieIN47305

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.

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. Labor Center Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable School apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
The Lofts at RobertsThe Liberty2BR,1BA$416
Labor Center Lofts1BR/1.0BA1BR,1BA$660
916 W Jackson St1/11BR,1BA$750

Best Value Apartments for Rent in School, IN

As of July 26, 2026 the best value apartment in the School area is the $0.78 price per square foot 3 Beds, 1 Baths Model at 218 E 8th St in the in the School neighborhood starting from $1,200. 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.
218 E 8th St3 Beds, 1 Baths3BR,1BA$0.78
District on WayneNear The Village With a Balcony3BR,2BA$1.09
The Lofts at RobertsThe Liberty2BR,1BA$0.42
Beacon Hill3.1d3BR,1BA$1.50
424 Lofts1 bedroom1BR,1BA$1.09
Labor Center Lofts1BR/1.0BA1BR,1BA$0.85
Charles CommonsCharles Commons — Quiet Living, Close to Everyt...1BR,1BA$1.41
River Edge Apartments1 Bedroom Updated - Main Level1BR,1BA$1.53
916 W Jackson St1/11BR,1BA$1.39
820 W Howard St820 W Howard St1BR,1BA$1.40

Frequently Asked Questions about School

What type of rentals are currently available in School?

There are currently 108 Apartments for Rent in School, IN with pricing that ranges from $352 to $1,713. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in School ranging from $405 to $2,370.

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 $2,370 with an average monthly rent of $1,516.

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 $487 to $1,542, while Three Bedroom Homes, Condos, and Townhomes for rent range from $405 to $1,555. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,459.

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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Rent According to Income: A Look at Income-Restricted Rentals

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.