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 |
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%.