The average monthly rent of apartments in Muncie, IN is $1,042.
The average monthly rent of apartments in Muncie, IN is $1,042.
About 42% of apartment rents in Muncie, IN range between $701-$1,000. Meanwhile, apartments priced over $1,001-$1,500 represent 33% of apartments. Around 8% of Muncie’s apartments are in the $501-$700 price range. 2% of apartments are priced < $500.
Compared to the national average rent of $1,727, the average rent in Muncie, IN is $1,042.
Prices and availability in Muncie, IN were last updated on 26 Jan 2023.
The average rent in Muncie, IN is $1,042. Start your search for apartments in Muncie, IN now.
The price range for a studio apartment in Muncie, IN is between $639 and $650. View all studio apartments in Muncie, IN.
The price range for a 1-bedroom apartment in Muncie, IN is between $739 and $904. Browse all available 1-bedroom apartments in Muncie, IN now.
The price range for a 2-bedroom apartment in Muncie, IN is between $944 and $1,299. Browse and find a 2-bedroom apartment in Muncie, IN.
In Muncie 50% of the housing is rented out compared to 50% of homes are owned, according to the most recent Census Bureau estimates. 6% of Muncie’s apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 50 units, and 41% 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 35 years old, on average. Of these, 36% 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% of rentals, while 1-bedroom floor plans represent 30% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 39% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Muncie is a small town located in east-central Indiana. It’s home to Ball State University, so many of the activities and cultural events revolve around this major college. As a densely suburban area, the downtown area of Muncie is particularly popular with people who rent here because it has a variety of shops, nightclubs and restaurants. For those who love the outdoors, rental apartments in Muncie are near the Prairie Creek Reserve, which has hiking trails, boating and fishing. Part of Delaware County, Muncie is 50 miles northeast of Indianapolis, which is the capital of and largest city in Indiana. So, for those renters who don’t mind an hour commute, it’s feasible to work in that area, but still live in the small and friendly rental community that Muncie offers.
About half of those living in Muncie rent their homes. As such, there are plenty of nice rental apartments with a strong sense of Midwestern community available around town. The downtown area of Muncie is an especially attractive place to live with some loft-style rental apartments. There are also townhomes, condos and typical apartments available to renters all around town. They feature amenities such as private parking spaces and electronic door locks. Some are even furnished. Keep in mind, though, that many renters are also going to be students at Ball State University, so rental apartments near campus often tend to fill up rather quickly.
Muncie, IN has a population of 67,739 according to the most recent data from the U.S. Census Bureau. 35,414 of Muncie’s residents are women and 32,325 are men. The median age of those who live in Muncie, IN is 28.8.
Renters don’t have to go far to find good shopping places in Muncie near rental apartments. That includes a typical indoor mall, called Muncie Mall, which has 30 shops and restaurants. There are also at least four strip malls — including Muncie Plaza and Muncie Town Plaza — that have chain stores, beauty salons and places to grocery shop. Other grocery stores around the area near apartment complexes include Meijer, Fresh Thyme Market, Kroger and Pay Less Super Market. Meanwhile, in what is considered downtown Muncie, there are a variety of local shops and artisan boutiques, including Olive & Slate (a popular home goods store) and the Hayloft Boutique, which carries upscale women’s clothing.
According to U.S. Census data, there are 27,439 households in Muncie, IN. 13,535 are family households and 13,904 are non-family households. There are 6,360 households with children in Muncie and 21,079 households without children. On average, about 2.21 people live in a household in Muncie, IN.
Interstate 69 and U.S. Route 35 run through Muncie, making it easy for renters to get around by car. For public transportation, the Muncie Indiana Transit System (MITS) has 14 bus stops around town near rental apartments, but it doesn’t operate on Sundays. There’s also a county airport in Muncie, but it doesn’t have commercial flights. For this reason, renters who travel are going to want to fly out of the Indianapolis International Airport or the Fort Wayne International Airport, both of which are around 74 miles away. Finally, most people who rent in this area have cars because the city is fairly spread out and only a few places have walkable amenities.
The level of education of the population of Muncie, IN is as follows: 2% have no high school education, 43% completed some high school, 22% partially completed college, 8% have an Associate Degree, 15% have a Bachelor Degree, and 9% have a Graduate Degree.
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