Cheap Apartments for Rent in 47303
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PET FRIENDLY$665 - $795/mo
1-2 Beds
1 Bath1514 W Jackson Apt 5 - Close to Campus | 1514 W Jackson St,
Muncie, IN 47303
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NEW - 2 DAYS AGOPET FRIENDLY$699 - $799/mo1-2 Beds1 Bath216 N McKinley Ave - Walk to Campus & White River Greenway | 216 N McKinley Ave,
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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| 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 | $985 |
| May 2026 | $995 |
| Jun 2026 | $975 |
| Jul 2026 | $990 |
| Aug 2026 | $1,000 |
| Sep 2026 | $1,120 |
Average Rent By Bedroom and Home Type
In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $735 | $962 | $1,250 | $1,600 | $1,065 |
| Townhomes | — | $900 | — | — | $900 |
| Apartments and Condos | $650 | $950 | $1,265 | $1,250 | $930 |
| Houses | $750 | $1,000 | $1,300 | $1,600 | $1,400 |
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 $940 per month. This is about 52% lower than the national average.
- What are the cheapest months to find an apartment to rent in 47303?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $750 per month.
- How many cheap apartments are available in 47303?There are 107 apartments to rent that are cheaper than the city’s average rent of $1,065.
- 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 $735 per month. That is about $36 more than the cost of a studio apartment.
- What are some cities near 47303?
View this page in Spanish: Apartamentos baratos en renta en 47303 - 352 Rentas | Trulia