Cheap Homes for Rent in School Neighborhood of Muncie, IN from $500 (15 Rentals)

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

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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 $700. 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 ListingModel NameBed/BathPriced From
Kensington Apartments1/1 B1BR,1BA$700
Arrasmith Apartments1BR/1.0BA1BR,1BA$750
Flats at West EndStudioStudio,1BA$760
424 Lofts1 bedroom1BR,1BA$875
River Edge ApartmentsClose to Campus1BR,1BA$925

Best Value Apartments for Rent in School, IN

As of January 25, 2026 the best value apartment in the School area is the $1.18 price per square foot Near The Village With a Balcony Model at District on Wayne in the in the School neighborhood starting from $1,300. The second greatest value School apartment is the 701 N Dicks St Model at 701 N Dicks St, Unit 3 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 ListingModel NameBed/BathPrice Per Sq.Ft.
District on WayneNear The Village With a Balcony3BR,2BA$1.18
701 N Dicks St, Unit 3701 N Dicks St2BR,1.5BA$1.74
Arrasmith Apartments1BR/1.0BA1BR,1BA$0.90
424 Lofts1 bedroom1BR,1BA$1.09
Beacon Hill3.1a3BR,1BA$1.69
Chesterfield Apartments3/1 800sf3BR,1BA$1.20
White River LoftsPRICE DROP White River Lofts - Layout A $350 Gi...1BR,1BA$1.60
River Edge ApartmentsClose to Campus1BR,1BA$1.54
901 W Rex St, Unit 3901 W Rex StStudio ,1BA$1.63
Kensington Apartments1/1 A1BR,1BA$1.88

Frequently Asked Questions about School

What type of rentals are currently available in School?

There are currently 105 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 $500 to $1,850.

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 $500 to $1,850 with an average monthly rent of $1,130.

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 $1,000 to $1,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $1,545. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $750.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.