2300 E Memorial Dr
MuncieIN47302
Cheap Homes for Rent in Selma, IN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.
502 W Jackson St
MuncieIN47305
411 Wheeling Ave
MuncieIN47303
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.
745 N Mulberry St
MuncieIN47305
2407 E 18th St
MuncieIN47302
2115 S Pershing Dr
MuncieIN47302
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.
Showing Results 1-6, Page 1 of 1
Selma, IN Local Guide
Main street by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent a home in Selma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Selma 2 Bedroom Homes for Rent | $1,085 | $700 | $1,335 |
| Selma 3 Bedroom Homes for Rent | $1,160 | $649 | $1,485 |
| Selma 4 Bedroom Homes for Rent | $1,325 | $1,250 | $1,400 |
| Selma 5 Bedroom Homes for Rent | $1,550 | $1,500 | $1,600 |
Browse Top Homes for Rent in Selma
Explore Selma
Selma, IN Local Guide
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Cheapest Available Selma Apartments for Rent and Nearby
The cheapest available apartment rental in Selma, IN is a 1 Bed unit found at Grand Avenue Commons priced from $376. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $530. Here is today’s list of the most affordable Selma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $376 |
| The Haven | 4x4 | 4BR,4BA | $530 |
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $569 |
Best Value Apartments for Rent in Selma, IN and Nearby
As of October 15, 2025 the best value apartment in the Selma area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Selma apartment is the Northstar Model at Golden Pebble Estates starting at $1,300 with a $1.07 price per square foot . Here is today’s list of the best values for Selma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
| Golden Pebble Estates | Northstar | 3BR,2BA | $1.07 |
| White River Lofts | PRICE DROP White River Lofts - Layout G. $350 G... | 2BR,2BA | $1.21 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.71 |
| Delaware Acres | Pulse 6016 | 2BR,2BA | $1.04 |
| The Latitude Apartments | 2 Bedroom Classic | 2BR,2BA | $1.04 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $0.54 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.33 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
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See the most popular apartments and homes in Selma, IN
Frequently Asked Questions about Selma
What type of rentals are currently available in Selma?
There are currently 49 Apartments for Rent in Selma, IN with pricing that ranges from $350 to $1,800. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $649 to $1,600.
What is the current price range for Rental Homes in Selma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Selma ranges from $649 to $1,600 with an average monthly rent of $1,140.
How much are larger Three and Four Bedroom Rentals in Selma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Selma range from $350 to $1,463, while Three Bedroom Homes, Condos, and Townhomes for rent range from $649 to $1,485. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $350.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.