Apartments for Rent in Muncie, IN

Prices and availability in Muncie, IN were last updated on 13 Nov 2026.

The best apartments in Muncie, IN are: Mill Pond Apartments, Applegate, 209 1/2 S WALNUT, Southern Terrace and 5505-5507 West Keller Road.

The average rent in Muncie, IN is $1,175.

The price range for a 2-bedroom apartment in Muncie, IN is between $950 and $1,349.

The price range for a 3-bedroom apartment in Muncie, IN is between $1,399 and $1,426.

In Muncie, 48% of the residents are renting compared to 52% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 7% of Muncie's rentals, 53% are small-scale complexes with under 50 units, and 39% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Muncie are about 37 years old, on average. Of these, 37% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 98% of the rental communities here are low-rise, garden-style communities, 2% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Muncie are around 1.0% of rentals, while 1-bedroom floor plans represent 31% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 38% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.