Luxury Apartments for Rent in 47305
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$725 - $800/mo
1-2 Beds
1 BathMGAM-800-802 1/2 N Mulberry St | 800-802 1/2 N Mulberry St #800,
Muncie, IN 47305
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Average Rent Trends in 47305
Rent in 47305 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $850 |
| Jul 2025 | $825 |
| Aug 2025 | $850 |
| Sep 2025 | $775 |
| Oct 2025 | $775 |
| Nov 2025 | $799 |
| Dec 2025 | $800 |
| Jan 2026 | $800 |
| Feb 2026 | $750 |
| Mar 2026 | $750 |
| Apr 2026 | $760 |
| May 2026 | $825 |
Average Rent By Bedroom and Home Type
In May 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 | $715 | $800 | $1,025 | $1,599 | $775 |
| Townhomes | $600 | — | — | — | $600 |
| Apartments and Condos | $675 | $750 | $1,000 | — | $700 |
| Houses | $599 | $775 | $1,025 | $1,599 | $1,100 |
Frequently Asked Questions about Rentals in 47305
- What is the average rent of an apartment in 47305?The average rent of an apartment in 47305 is $992 per month. This is about 49% lower than the national average.
- What is the average rent of a house in 47305?The average rent of a house in 47305 is $1,100 per month. This is about 43% lower than the national average.
- What is the average rent of a townhome in 47305?The average rent of a townhome in 47305 is $600 per month. This is about 69% lower than the national average.
- When is the average rent cheapest in 47305?In the last year, the average rent in 47305 was lowest in Apr 2025 when it was $745 per month.
- When is the average rent most expensive in 47305?In the last year, the average rent in 47305 was highest in Jan 2025 when it was $850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 47305?The average rent of a 1 bedroom apartment in 47305 is $715 per month. That is about $165 more than the cost of a studio apartment.
- How many available rental listings are in 47305?There are 54 available rental listings in 47305.
- What are some cities near 47305?Some nearby cities include: Muncie, Yorktown, Selma, Albany, Parker City, Springport. These cities may have more rental options to explore.