Rentometer, Inc. | Data as of 10/23/2025
Muncie’s rental market offers a diverse mix of apartments and single‑family homes that cater to students, young professionals, and growing families alike. Downtown Muncie and the nearby University District attract a vibrant community of renters seeking convenient access to Ball State University, local cafés, and cultural venues such as the Muncie Civic Theatre. For those desiring a more residential feel, neighborhoods like the Westside Historic District and the charming Eastside provide tree‑lined streets, historic architecture, and easy reach to attractions like Minnetrista and the Muncie Farmers Market.
Apartment options range from efficient one‑bedroom units, typically priced in the low $800s, to spacious three‑ and four‑plus bedroom layouts that see rents climb into the $1,200‑$1,600 range. Houses follow a similar pattern, with one‑bedroom homes averaging around $800 and larger three‑bedroom families often paying just over $1,200. The market’s balance of affordable entry‑level rentals and higher‑end family homes makes Muncie an attractive location for both short‑term students and long‑term residents.
Beyond the core rental offerings, Muncie boasts a supportive community environment, with abundant parks, bike trails, and a revitalized downtown that encourages a walkable lifestyle. Proximity to major highways and the regional airport ensures easy commuting, while local schools and recreational facilities provide added convenience for families. These qualities, combined with a stable rental price structure, reinforce Muncie’s reputation as a welcoming and affordable place to call home in Indiana.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $812 | $809 | $599 - $1,150 | $700 - $925 |
| Apartment | 2 Bedroom | $1,047 | $1,025 | $460 - $1,580 | $825 - $1,220 |
| Apartment | 3 Bedroom | $1,063 | $1,060 | $555 - $1,354 | $875 - $1,201 |
| Apartment | 4+ Bedroom | $911 | $510 | $385 - $1,775 | $489 - $1,400 |
| House | 1 Bedroom | $824 | $695 | $595 - $2,900 | $625 - $775 |
| House | 2 Bedroom | $1,026 | $955 | $525 - $8,000 | $850 - $1,100 |
| House | 3 Bedroom | $1,208 | $1,200 | $695 - $1,750 | $1,050 - $1,350 |
| House | 4+ Bedroom | $1,596 | $1,580 | $900 - $2,975 | $1,350 - $1,800 |
In the current period, the average rent in Muncie was $816 for Studio, $818 for 1 Bedroom, $1,032 for 2 Bedroom, $1,194 for 3 Bedroom, and $1,427 for 4+ Bedroom.
Data provided by Rentometer, Inc.