Cheap Apartments for Rent in 47303
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1-2 Beds
1 Bath216 N McKinley Ave - Walk to Campus & White River Greenway | 216 N McKinley Ave #216E,
Muncie, IN 47303
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PET FRIENDLY$710 - $925/moStudio-2 Beds1 BathDistrict on Linden | 920 N Linden St #0B-1Ba-450Sqft,
Muncie, IN 47303
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Average Rent Trends in 47303
Rent in 47303 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $899 |
| Jul 2025 | $1,100 |
| Aug 2025 | $1,100 |
| Sep 2025 | $1,100 |
| Oct 2025 | $1,100 |
| Nov 2025 | $1,049 |
| Dec 2025 | $999 |
| Jan 2026 | $1,004 |
| Feb 2026 | $1,049 |
| Mar 2026 | $1,024 |
| Apr 2026 | $986 |
| May 2026 | $995 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $750 | $925 | $1,120 | $1,600 | $950 |
| Apartments and Condos | $810 | $900 | $1,049 | $425 | $850 |
| Houses | $750 | $1,067 | $1,200 | $1,680 | $1,399 |
Frequently Asked Questions about Rentals in 47303
- What is the average rent of an apartment in 47303?The average rent of an apartment in 47303 is $866 per month. This is about 55% lower than the national average.
- What is the average rent of a house in 47303?The average rent of a house in 47303 is $1,399 per month. This is about 27% lower than the national average.
- When is the average rent cheapest in 47303?In the last year, the average rent in 47303 was lowest in Apr 2025 when it was $750 per month.
- When is the average rent most expensive in 47303?In the last year, the average rent in 47303 was highest in Jul 2025 when it was $1,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 47303?The average rent of a 1 bedroom apartment in 47303 is $750 per month. That is about $95 more than the cost of a studio apartment.
- How many available rental listings are in 47303?There are 184 available rental listings in 47303.
- What are some cities near 47303?