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

There are 4 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 382 <a href='/muncie-in/studio-apartments-for-rent' >studio</a> apartments under $500 available for rent in Muncie.

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

Rentable.co has 29 <a href='/muncie-in/1-bedroom-apartments-for-rent' >one-bedroom</a> apartments under $500 available for rent in Muncie.

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

Rentable.co has 159 <a href='/muncie-in/2-bedroom-apartments-for-rent' >two-bedroom</a> 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 $18,000.

Apartments Under $500 in Muncie, IN

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

Welcome to the March 2026 Muncie Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 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.

This month, the typical cost to rent a one-bedroom apartment in Muncie stands at $760, with the majority falling between $600 and $1,050. Out of the 605 one-bedroom apartments currently on the market in Muncie, 17 are priced below $500, accounting for 3% of the total available one-bedroom units in Muncie.

Available Apartments Under $500: Muncie vs. Surrounding Areas

Muncie, IN

8

In March 2026, 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 11. 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 March	M/M % Change
Muncie, IN	8	+1.0%
Hartford City, IN	0	+1.0%
Anderson, IN	0	+1.5%

Looking for Apartments Under $500 in Muncie?

Available apartments under $500	785
Top amenities	Fitness Center, Air Conditioning, In Unit Laundry, Pool, On Site Maintenance
Deals	11
Pet friendly	372
Utilities included	3
Furnished	13
Studio	252
3 Bedroom	106
4 Bedroom	11