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Apartments Under $500 in Muncie, IN

1 - 3 of 3 Results
18
$355 - 495
Silvertree Communities
2720 N Silvertree Ln Muncie, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
31
$350 - 499
PER
ROOM
University Village
4500 W Bethel Ave Muncie, IN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Air Conditioning
1
$410
100 S College Ave
Muncie, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1 - 3 of 3 Results

All Apartments in Muncie, IN

30 Results
16
$648
Fourteen91 Lofts
4.0
1491 W. Kilgore Ave Muncie, IN
3 BR | Jan. 14, 2026
Contact
Dog Friendly
Cat Friendly
Townhome
Income Restricted
Surface Parking
10
$900 - 2,600
Sugarbush Apartments
3601 N Chadam Ln Muncie, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Dishwasher
5
$1,200
Sycamore Square
3905 N Franklin St Muncie, IN
2 BR | Mar. 14, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
19
$1,200
Rosewood Apartments
1701 N Rosewood Ave Muncie, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$975 - 1,100
The Lodge
122 S Walnut St Muncie, IN
1 - 2 BR | Available Now
Contact
Surface Parking
Balcony/Deck/Patio
Storage
Dishwasher
4
$750
District On Martin
210 N Martin St Muncie, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
13
$650 - 888
Northside Apartments
2000 N Oakwood Ave Muncie, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
19
$899 - 1,299
The Latitude Apartments
2901 N Elgin Rd Muncie, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
7
$695
University Apartments
1204 W Bethel Ave Muncie, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
10
$710 - 720
Close To Campus
715 S Cole Ave Muncie, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
16
$777
The Nest On 14th
1701 E 14th St Muncie, IN
2 BR | Dec. 14, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
10
$778 - 1,575
Spacious Apartments In The Heart Of The Village
402 N Calvert St Muncie, IN
1 - 4 BR | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
13
$919 - 1,400
Fox Brook Apartments
4000 N Walnut St Muncie, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
8
$1,050 - 1,200
White River Lofts
400 W Washington St Muncie, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
24
$650 - 895
District On Riverside
808 W Riverside Ave Muncie, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
17
$769 - 1,102
Riverbend Flats
3508 E Memorial Dr Muncie, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
18
$1,050 - 1,335
Walnut Manor Apartments
125 E Oldfield Ln Muncie, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
7
$725 - 844
Wilson School Apartments
301 W 13th St Muncie, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
93
$955 - 1,200
East Memorial Apartments
2213 E Memorial Dr Muncie, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
11
$705
Midtown At West Memorial
2600 W Memorial Dr Muncie, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
34
$1,025 - 1,300
District on Wayne
1001 W Wayne Muncie, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
15
$850 - 1,350
District On Bethel
1200 W Bethel Ave Muncie, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
5
$900 - 1,125
District On University
1501 W University Ave Muncie, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
31
$895 - 995
District On Wheeling
2600 N Wheeling Ave Muncie, IN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$725
Hummel Park
3807 S Eaton Ave Muncie, IN
2 BR | Available Now
Contact
1
$2,000
Preleasing For August 2026! Spacious 4 Bedroom, 2 Bathroom Home With Detached Garage, Walking Distance To Ball State Campus!
1312 N Woodridge Ave Muncie, IN
4 BR | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$975
3 Bedroom 1 Bath!
2005 E 14th St Muncie, IN
3 BR | Available Now
Contact
House
Storage
6
$972 - 1,327
Beautiful Townhouses
3904-3910 N Franklin St Muncie, IN
2 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
15
$1,135 - 1,463
Canterbury Townhomes
5124 W Canterbury Dr Muncie, IN
2 - 3 BR | Available Now
Contact
Fireplace
6
$1,100
222 W Centennial Ave Unit 2
Muncie, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
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  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Muncie, IN on Rentable.co?

There are 3 apartments under $500 in Muncie currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Muncie?

Rentable.co has 135 studio apartments under $500 available for rent in Muncie.

How many one-bedroom apartments under $500 are available in Muncie?

Rentable.co has 1 one-bedroom apartment under $500 available for rent in Muncie.

How many two-bedroom apartments under $500 are available in Muncie?

Rentable.co has 53 two-bedroom apartments under $500 available for rent in Muncie.

Can I afford a apartment under $500 in Muncie, IN?

To comfortably afford a apartment under $500 in Muncie based on average rent prices, a household would need an annual income of $17,000.

Apartments Under $500 in Muncie, IN: December Rental Information

Welcome to the December 2025 Muncie Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 key findings and figures for the Muncie rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Muncie and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Muncie. Whether you're a student looking for affordable housing near Ball State University or a professional on a tight budget, this report will help you navigate the rental market in Muncie.
0 7 15 22 30 <$600 $620 $660 $700 $740 $780 $820 $860 $900 $940 $980 $1,020 $1,060 >$1,100

Available Apartments Under $500: Muncie vs. Surrounding Areas

Muncie, IN
7
In December 2025, there are a variety of affordable apartments available for rent in Muncie, IN and the surrounding cities. Muncie itself offers a wide selection of apartments under $500, with a total inventory of 8. Additionally, there are several nearby cities such as Anderson, Pendleton, Hartford City, Albany, New Castle, Winchester, Knightstown, Redkey, Shirley, Lynn, Portland, Dublin, Montpelier, Hagerstown, Yorktown, and Chesterfield that also have a number of affordable rental options. Whether you are a student, young professional, or someone on a tight budget, these cities provide a range of choices for those seeking affordable housing in the Muncie, IN metro area.

Apartments Under $500 Now vs. Last Month: Muncie and Surrounding Areas

City Apartments Under $500 in December M/M % Change
Muncie, IN 7 +0.73%
Anderson, IN 2 +1.25%

Looking for Apartments Under $500 in Muncie?

Available apartments under $500 371
Top amenities Fitness Center, Air Conditioning, In Unit Laundry, Pool, On Site Maintenance
Pet friendly 86
Utilities included 3
Furnished 14
Studio 48
3 Bedroom 23
4 Bedroom 12
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