
Cheap Apartments for Rent in the South Muncie Neighborhood of Muncie, IN from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Muncie area of Muncie.


906 W Main St

River Landing Apartments

901 W Rex St, Unit 3

626 W Main St

7697 St Rd

1812 W 7th St

2418 E Memorial Dr
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.

1900 E 22nd St

1718 S Elm St

1523 E Washington St

710 W Kilgore Ave

907 W Main St

321 S McKinley Ave

Arrasmith Apartments

710 N Mulberry St
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.

1127 S Jefferson St

Flats at West End

2009 S Penn St

211 S Liberty St

700 W Powers St

1703 E 14th St

815 N Elm St

1521 E Kirby Ave
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.

1525 S Walnut St

2213 E Memorial Dr

District on Bethel

The District on Linden

Stadium View Apartments

District on Oakwood

Beacon Hill

The Cedars
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.

Kensington Apartments

Calvary Plaza - Affordable Housing

Countryside Estates Indiana

Wilson School Apartments

The District on Riverside

Orchard Apartments

The District on Dill

LABOR LOFTS
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
South Muncie, Muncie, IN Local Guide

How much does it cost to rent an apartment in South Muncie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Muncie Studio Apartments | $745 | $650 | $900 |
| South Muncie 1 Bedroom Apartments | $837 | $550 | $1,800 |
| South Muncie 2 Bedroom Apartments | $999 | $699 | $1,650 |
| South Muncie 3 Bedroom Apartments | $1,186 | $890 | $1,438 |
| South Muncie 4 Bedroom Apartments | $750 | $750 | $750 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the South Muncie Neighborhood of Muncie, IN.
See all Apartments in MuncieExplore Muncie
South Muncie, Muncie, IN Local Guide
- Nearby Muncie neighborhoods
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Cheapest Available South Muncie Apartments for Rent
 The cheapest available apartment rental in the South Muncie area of Muncie, IN is a 1 Bed unit found at Kensington Apartments priced from $700. Wilson School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable South Muncie apartments for rent in Muncie, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kensington Apartments | 1/1 B | 1BR,1BA | $700 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $725 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Flats at West End | Studio | Studio,1BA | $760 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $829 |
| District on Bethel | Fully Renovated! | 1BR,1BA | $850 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $875 |
| Colonial Crest Apartments | One Bedroom Remodel | 1BR,1BA | $900 |
Best Value Apartments for Rent in South Muncie, IN
As of January 26, 2026 the best value apartment in the South Muncie 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 South Muncie apartment is the Two Bedroom Remodel Model at Colonial Crest Apartments starting at $1,200 with a $1.33 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for South Muncie 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 |
| Colonial Crest Apartments | Two Bedroom Remodel | 2BR,1BA | $1.33 |
| Arrasmith Apartments | 1BR/1.0BA | 1BR,1BA | $0.90 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Chesterfield Apartments | 3/1 800sf | 3BR,1BA | $1.20 |
| Freedom Acres MHC | Blazer Extreme | 2BR,1BA | $1.08 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.26 |
| Wilson School Apartments | Historic Vibe on Muncie's Southside | 1BR,1BA | $1.12 |
| River Edge Apartments | Close to Campus | 1BR,1BA | $1.54 |
| District on Bethel | Fully Renovated! | 1BR,1BA | $1.48 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleSouth Muncie, Muncie, IN
Ranked #3
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap South Muncie Apartments
What is the Cheapest Studio apartment in South Muncie?
Currently the most affordable Cheap Studio Apartment in South Muncie is at Flats at West End listed at $760.
How much is rent for a Cheap One Bedroom South Muncie Apartment?
The lowest price for a Cheap One Bedroom South Muncie Apartment is $700 at Kensington Apartments.
What is the lowest price for a Cheap Two Bedroom South Muncie Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Muncie is starting from $829 at Freedom Acres MHC.
What is the most affordable South Muncie Three Bedroom Apartment?
The best deal on a cheap South Muncie Three Bedroom Apartment rental is at Chesterfield Apartments and starts from $958.
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

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.

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.