Rentometer, Inc. | Data as of 10/23/2025
Muncie's metro rental market blends the charm of a classic Midwestern college town with a growing variety of modern housing options. Downtown Muncie and the vibrant Walnut Street district attract renters seeking walkable amenities, while neighborhoods such as Westside and the historic Delaware Trail area offer quieter, family‑friendly streets lined with mature trees and easy access to parks and schools. Proximity to Ball State University and the regional medical center further fuels demand for convenient rentals across the city.
Apartment seekers can find a range of choices, from studio units that typically fall in the $750 range to spacious three‑ and four‑plus bedroom layouts that hover around the $1,100 mark. One‑ and two‑bedroom apartments commonly sit in the $800 to $1,100 bracket, providing flexibility for students, young professionals, and small families alike. For those preferring a standalone home, the market offers well‑maintained houses where two‑bedroom units often rent in the $1,000 range, three‑bedroom homes approach the $1,200 level, and larger four‑plus bedroom properties tend toward the $1,600 range, reflecting the balance of space and affordability that many renters desire.
Beyond price points, Muncie's rental scene benefits from a mix of historic charm and new development. Renovated lofts in the downtown core sit close to cafés, art galleries, and live‑music venues, while newer apartment complexes on the east side provide contemporary amenities such as fitness centers and pet‑friendly policies. Whether you’re drawn by the city's cultural attractions, its educational institutions, or the welcoming neighborhoods that define the Metro area, Muncie offers a dynamic rental landscape suited to a wide array of lifestyles.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $821 | $820 | $599 - $1,150 | $700 - $925 |
| Apartment | 2 Bedroom | $1,098 | $1,035 | $460 - $1,985 | $825 - $1,250 |
| Apartment | 3 Bedroom | $1,104 | $1,060 | $555 - $2,515 | $860 - $1,201 |
| Apartment | 4+ Bedroom | $696 | $499 | $385 - $1,400 | $489 - $1,400 |
| House | 1 Bedroom | $829 | $675 | $595 - $2,900 | $625 - $790 |
| House | 2 Bedroom | $963 | $950 | $605 - $1,595 | $850 - $1,100 |
| House | 3 Bedroom | $1,229 | $1,200 | $695 - $2,925 | $1,025 - $1,350 |
| House | 4+ Bedroom | $1,615 | $1,600 | $900 - $2,700 | $1,400 - $1,800 |
In the current period, the average rent in Muncie, IN was $770 for Studio, $825 for 1 Bedroom, $1,004 for 2 Bedroom, $1,215 for 3 Bedroom, and $1,456 for 4+ Bedroom.
Data provided by Rentometer, Inc.