
Cheap Homes for Rent in School Neighborhood of Muncie, IN from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the School area of Muncie.


1307 S Ebright St

1611 S Gharkey St

1609 S Gharkey 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.

542 W Wilson Ave, Unit .5

1711 S Blaine St

418 W 7th St

1327 W Kilgore Ave
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.
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 | $975 | $750 | $1,200 |
| School 3 Bedroom Homes for Rent | $1,234 | $770 | $1,500 |
| School 4 Bedroom Homes for Rent | $1,711 | $1,450 | $2,025 |
| School 5 Bedroom Homes for Rent | $1,900 | $1,750 | $2,100 |
| School 6 Bedroom Homes for Rent | $2,125 | $2,125 | $2,125 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 $699. 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 A | 1BR,1BA | $699 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $825 |
Best Value Apartments for Rent in School, IN
As of March 13, 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 District on Wayne in the in the School neighborhood starting from $1,200. The second greatest value School apartment is the 701 N Dicks St Model at 701 N Dicks St 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 | $1.09 |
| 701 N Dicks St | 701 N Dicks St | 2BR,1.5BA | $1.74 |
| 424 Lofts | 2 bedroom | 2BR,1BA | $1.19 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| Beacon Hill | 3.1a | 3BR,1BA | $1.25 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.03 |
| Liberty Lofts | 2BR/1.0BA | 2BR,1BA | $1.47 |
| 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 |
| 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 112 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 $599 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 $599 to $2,125 with an average monthly rent of $1,432.
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

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.

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.