How much does it cost to rent in Muncie, IN?

As of July 2026, the median monthly rent in Muncie, IN is $973. This figure is based on aggregated data from public sources and community-submitted rents.

Is Muncie cheaper than other Indiana cities?

Muncie is among the more affordable cities in Indiana, ranking #60 out of 65 cities at $973/mo.

When was Muncie rent data last updated?

Muncie rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · IN

Muncie

Name: Average Rent Prices in Muncie, IN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 64,751·60th most expensive in Indiana·One of the most affordable rental markets in the US

Median rent (all units)

$973/mo

Year-over-Year

+1.1%

Month-over-Month

+1.6%

vs US Median

-$992

Rising (Monthly)

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Most AffordableMost Expensive

Muncie · $973

More affordable than 98% of US cities · National median $1,965/mo

Rent Reality Score

57/100

Fairly priced

OverheatedFairGreat value

Rents are 3% below what Muncie's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$973/mo

Expected by trend

$1,006/mo

The Rent Reality Score compares today's median rent to where Muncie's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$735

1 BR

$800

2 BR

$978

3 BR

$1,283

4 BR+

$1,485

Research median

$978/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$11,676/yr

At $973/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.1% YoY, +1.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Muncie, IN is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 26.1% of residents hold a bachelor's degree or higher.

Population

64,751

Median income

$44,471

Median age

29.7

Renters

48%

Age distribution

15.8%

40.2%

19.3%

14.3%

Under 1815.8%

18–3440.2%

35–5419.3%

55–6410.4%

65+14.3%

Gender

47.1%

52.9%

Male47.1%

Female52.9%

Race & ethnicity

80%

White80%

Black8.3%

Hispanic4.4%

Asian2.3%

Other5.1%

Education (25+)

12.3%

32.7%

28.8%

26.1%

No HS diploma12.3%

HS diploma32.7%

Some college28.8%

Bachelor's+26.1%

Housing tenure

52%

48%

Owner52%

Renter48%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Muncie, IN has changed in 5 years

Rent

$686 → $973

up 41.8%

Income

$36,661 → $44,471

up 21.3%

Population

65,571 → 64,751

down 1.3%

Renter share

50.8% → 48%

-2.8 pts

Bachelor's+

25.4% → 26.1%

+0.7 pts

Median age

28.6 → 29.7

+1.1 yrs

Compared with 2021, rent in Muncie, IN has climbed by $287 per month, settling near $973 after starting the period at $686. On the earnings side, the typical household in Muncie, IN now reports about $44,471, up from $36,661 in 2021. Rent outpaced income growth by roughly 20.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 65,571 to 64,751 between 2021 and 2024, a 1.3% change. About 48% of households rent today, against 50.8% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Muncie, IN reflects that arc in its own way.

Community

Discussions about Muncie

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View Muncie rent history (2015–2026) →

Salary vs rent

Can you afford rent in Muncie on your salary?

At $973/mo, how Muncie rent compares to typical pay (30% rule).

Registered Nurse

Avg $86,922/yr · Rent = 13.4% income

very comfortable

Elementary School Teacher

Avg $61,714/yr · Rent = 18.9% income

very comfortable

Police Officer

Avg $71,088/yr · Rent = 16.4% income

very comfortable

Software Developer

Avg $127,061/yr · Rent = 9.2% income

very comfortable

Lawyer

Avg $162,352/yr · Rent = 7.2% income

very comfortable

Firefighter

Avg $57,785/yr · Rent = 20.2% income

affordable

Truck Driver

Avg $52,173/yr · Rent = 22.4% income

affordable

Electrician

Avg $64,308/yr · Rent = 18.2% income

very comfortable

By apartment size

Muncie rent by bedroom count

Median rent for each apartment size in Muncie. Click any size for full breakdown.

Local insights

Tips for renters in Muncie

About renting in Muncie, IN

Last updated: July 20, 2026

The median rent in Muncie is $973/mo as of July 2026. A studio apartment averages $735/mo while a 2-bedroom runs $978/mo. One-bedroom apartments average $800/mo and 3-bedroom units go for $1,283/mo.

At 26% of local median household income ($44,471/yr), Muncie ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

Is Muncie an affordable city for renters?

Muncie is considered affordable for renters. At $973/mo, rent takes approximately 26% of the local median household income ($44,471/yr). The standard benchmark is 30%. Muncie falls comfortably within that range.

How much income do you need to rent in Muncie?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (~$19/hour full-time) to afford the median rent of $973/mo in Muncie. The local median household income is $44,471/yr, meaning the typical Muncie household meets that threshold.

Is rent going up or down in Muncie?

Rent in Muncie has increased 1.1% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Muncie neighborhoods have the lowest rent?

The most affordable ZIP codes in Muncie are 47305 ($796/mo), 47302 ($927/mo), and 47303 ($1,012/mo). Citywide, the median rent in Muncie is $973/mo.

How does Muncie rent compare to other cities in Indiana?

Muncie is one of the more affordable cities in Indiana for rent, ranking #60 out of 65 tracked cities at $973/mo.

Which nearby cities are cheaper to rent in than Muncie?

Several nearby cities have lower median rents than Muncie ($973/mo): New Castle ($756/mo), Marion ($913/mo).

What percentage of Muncie residents rent vs. own?

According to Census data, approximately 48% of Muncie households are renters, while 52% are owner-occupied. Muncie leans toward homeownership, which can mean a smaller rental inventory.