Cheap Apartments for Rent in the Westacres Neighborhood of Muncie, IN from $300 (48 Rentals)

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

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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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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Sunreach Apartments
3 Bedroom Apartments

Sunreach Apartments

1801-1821 W Royale DrMuncie, IN 47304
Student Housing
  • Utilities Included
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District on Oakwood
Studio to 2 Bedroom Apartments

District on Oakwood

2000 N Oakwood AveMuncie, IN 47304
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None
2 Bedroom Apartments

None

709 S Hutchinson AveMuncie, IN 47303
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The District on Dill
1 to 2 Bedroom Apartments

The District on Dill

519 N Dill StMuncie, IN 47303
Student Housing

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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The District on University
2 to 3 Bedroom Apartments

The District on University

1501 W University AveMuncie, IN 47303
Student Housing
  • Utilities Included
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520 S Nichols Ave
Studio to 1 Bedroom Apartments

520 S Nichols Ave

520 S Nichols AveMuncie, IN 47303

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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McKinley Heights
2 to 3 Bedroom Apartments

McKinley Heights

300 N McKinley AveMuncie, IN 47303
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Mill Pond Apartments
2 to 3 Bedroom Apartments

Mill Pond Apartments

5310 W Keller RdMuncie, IN 47304
  • 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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The Daugherty Preserve
1 to 3 Bedroom Apartments

The Daugherty Preserve

9860 W Smith StYorktown, IN 47396
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Westacres, Muncie, IN Local Guide

Cheapest Available Westacres Apartments for Rent

 

The cheapest available apartment rental in the Westacres area of Muncie, IN is a 4 Beds unit found at University Village priced from $514. The Haven has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here are the most affordable Westacres apartments for rent in Muncie, IN:

Apartment ListingModel NameBed/BathPriced From
University Village4BD/2BA Furnished Premium4BR,2BA$514
The Haven4x44BR,4BA$565
ApplegateStudio Open - 288 sqftStudio,1BA$595
Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$599
The Alan1A 50%1BR,1BA$712
None2 Beds, 1 Baths2BR,1BA$795
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$850
Forest Oaks Apartments1 Bed 1 Bath (Down)1BR,1BA$850
Colonial Crest ApartmentsUnfurnished Studio1BR,1BA$900
River Edge ApartmentsClose to Campus1BR,1BA$925

Best Value Apartments for Rent in Westacres, IN

As of June 05, 2026 the best value apartment in the Westacres area is the $0.39 price per square foot 4BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $514. The second greatest value Westacres apartment is the Pulse 7616 Model at Freedom Acres MHC starting at $1,139 with a $0.94 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for Westacres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village4BD/2BA Furnished Premium4BR,2BA$0.39
Freedom Acres MHCPulse 76163BR,2BA$0.94
Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.90
Mill Pond ApartmentsThe Cardinal Renovated2BR,1BA$1.45
Silvertree CommunitiesSilvertree 2bd2BR,1BA$0.70
Canterbury Townhomes2x1.5 R2BR,1.5BA$1.35
The Alan1A-HC 60%2BR,1BA$1.27
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.26
Forest Oaks Apartments1 Bed 1 Bath (Down)1BR,1BA$1.27
The Haven2x22BR,2BA$1.43

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Westacres, Muncie, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Westacres Apartments

What is the price of a cheap apartment in Westacres?

The cheapest apartment in Westacres is The Alan which is listed at $712, while the average apartment in Westacres costs $1,040.

What types of apartments are the cheapest in Westacres?

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 41 regular apartments in Westacres 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 Westacres?

Cheap apartments in Westacres have an average cost of $592 which is $448 cheaper than the average rent for all rentals in Westacres.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.