Median rent for residential apartments in Muncie, IN as of Dec, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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14 Muncie, IN, USA apartments for rent
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Muncie
Muncie, IN has a population of 69,237, while the median age is 29. The household income in Muncie, IN is around $32,372. The homeownership rate among the residents is 51%. The median residential property value in Muncie, IN that you should keep in mind is $70,500.
| Population | 69,237 |
| Median Age | 28.8 |
| Poverty Rate | 30% |
| Household Income | $32,372 |
| Number Of Employees | 31,625 |
| Median Property Value | $70,500 |
Housing Trends
Rent vs Own
How much is an apartment in Muncie, IN, USA
Average apartment rent in Muncie: $1,122 (-11.5%)
| Rent Price | Dec | vs Last Month |
|---|---|---|
| 1-bed apartments | $599 | +13.1% |
| 2-bed apartments | $835 | -8% |
| 4+ bed apartments | $2,100 | +0% |
Over the Dec 2022, the average rent for an apartment in/near Muncie, IN decreased by 11.5% to $1,122.
The average price for a rental studio in Muncie, IN has remained the same as last month and equals $1,516. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 13.1% to $599. Pricing for 2-bed apartment also decreased by 8% and a place of this size will now cost you $835. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $971. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,100 for a big-family home.
| Rent Type Price | Dec | vs Last Month |
|---|---|---|
| Apartments for rent | $599 | -61.8% |
| Houses for rent | $1,196 | -1.3% |
| Rooms for rent | $599 | +40.3% |
The median rent for an apartment in Muncie, IN decreased by 61.8% to $599. Statistics show that house rent price decreased by 1.3% this month making it up to $1,196. Condo for rent is now available for the same pricing as previously — $937. An average room will now go for $599, the median rent price for a room increased by 40.3%.
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