Cheap Apartments for Rent in the South Muncie Neighborhood of Muncie, IN from $400 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Muncie area of Muncie.

property at 906 W Main St

$665 - $995

1 To 2 Bedroom Rentals

Available Now

906 W Main St

MuncieIN47305

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.

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property at 1008 W 1st St

$725 - $750

1 To 2 Bedroom Rentals

Available Now

1008 W 1st St

MuncieIN47305

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.

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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.

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property at 111 S Vine St

$850 - $1,050

1 To 2 Bedroom Rentals

Available Now

111 S Vine St

MuncieIN47305
property at 1001 W 1st St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1001 W 1st St

MuncieIN47305
property at 1804 S Wall Ave

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899
Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

1804 S Wall Ave

MuncieIN47302
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2213 E Memorial Dr
2 Bedroom Apartments

2213 E Memorial Dr

2213 E Memorial DrMuncie, IN 47302
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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District on Bethel
1 Bedroom Apartments

District on Bethel

1204-1206 W Bethel AveMuncie, IN 47303
  • Utilities Included
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The District on Linden
Studio to 2 Bedroom Apartments

The District on Linden

920 N Linden StMuncie, IN 47303
Student Housing
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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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South Muncie, Muncie, IN Local Guide

Cheapest Available South Muncie Apartments for Rent

 

The cheapest available apartment rental in the South Muncie 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 $710. Here are the most affordable South Muncie apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
Flats at West End0BR/1.0BAStudio,1BA$550
Kensington Apartments1/1 B1BR,1BA$710
The Alan1A 50%1BR,1BA$712
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$725
Chesterfield Apartments3/1 800sf3BR,1BA$825
Freedom Acres MHCBlazer Extreme2BR,1BA$829
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$850
424 Lofts1 bedroom1BR,1BA$875
River Edge ApartmentsClose to Campus1BR,1BA$925

Best Value Apartments for Rent in South Muncie, IN

As of April 30, 2026 the best value apartment in the South Muncie 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 South Muncie 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 South Muncie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
812 W Main St, Unit #2812 W Main St1BR,1BA$0.43
District on WayneNear The Village With a Balcony3BR,2BA$1.09
District on Bethel3 Bed 2 Bath - South Tower Vaulted Ceiling3BR,2BA$1.18
Beacon Hill3.1a3BR,1BA$1.25
Chesterfield Apartments3/1 800sf3BR,1BA$1.03
Freedom Acres MHCBlazer Extreme2BR,1BA$1.08
The Alan1A1BR,1BA$1.31
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.26
Wilson School ApartmentsHistoric Vibe on Muncie's Southside1BR,1BA$1.12
Flats at West End0BR/1.0BAStudio ,1BA$1.38

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
South Muncie, Muncie, IN

Ranked #3

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap South Muncie Apartments

What is the price of a cheap apartment in South Muncie?

The cheapest apartment in South Muncie is Flats at West End which is listed at $675, while the average apartment in South Muncie costs $1,196.

What types of apartments are the cheapest in South Muncie?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 111 regular apartments in South Muncie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Muncie?

Cheap apartments in South Muncie have an average cost of $501 which is $695 cheaper than the average rent for all rentals in South Muncie.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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.