Low Income Apartments and Affordable Housing For Rent in Muncie, IN

Discover affordable housing in Muncie where there are 25+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Lofts at Roberts

420 South High Street, Muncie, Indiana 47305

Cambridge Square Muncie

1601 E McGalliard Rd, Muncie, Indiana 47303

Carriage House

3969 N Everett Rd, Muncie, Indiana 47304

Millennium Place IV

915 S Vine St, Muncie, Indiana 47302

Daley Apartments

1312 E. Bunch Boulevard, Muncie, Indiana 47303

Millennium Place II

809 S Madison St, Muncie, Indiana 47302

Millennium Place I

810 S Monroe St, Muncie, Indiana 47302

Gillbeke Apartments

2621 N Elgin St, Muncie, Indiana 47303

Hillcroft Muncie

1803 N Elm St, Muncie, Indiana 47303

Elgin Manor Apartments

2573 N Elgin St, Muncie, Indiana 47303

Calvary Plaza

200 E 26th St, Muncie, Indiana 47302

Millennium Place III

900 S Jefferson St, Muncie, Indiana 47302

Howard Square

550 S Jefferson St, Muncie, Indiana 47305

Woods Edge Apartments

4700 W Woods Edge Ln, Muncie, Indiana 47304

Ashgrove Crossing

4001 N Walnut St, Muncie, Indiana 47303

Muncie

1301 S Rochester Ave, Muncie, Indiana 47302

Wilson School Apartments

301 W 13th St, Muncie, Indiana 47302

Gillespie Towers

701 W Jackson St, Muncie, Indiana 47305

Earthstone Terrace

3500 S Juniper Ln, Muncie, Indiana 47302

Southern Pines

4110 S Pinewood Dr, Muncie, Indiana 47302

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Muncie, Indiana
$18.03/hour
$10.78 (+149%) more than Indiana minimum wage and $10.78 (+149%) more than the Federal minimum wage.
Learn More About Muncie, Indiana Affordable Housing ↓

What HUD offices serve Muncie, Indiana?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Muncie, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Muncie, Indiana.

Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Muncie.

How many renters live in Muncie, Indiana?

The City of Muncie has 65,167 people living in 26,625 households.

There are 29,316 renters living in 13,401 renter households in this City. Renters make up 44.99 percent of the population living in Muncie.

What is the rental market like in Muncie, Indiana?

There are an estimated 30,725 housing units in the Muncie area. Of these, 14,762 units are rental homes, making up 48 percent of the housing market. For every renter household in Muncie, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Muncie?

The rental vacancy rate in Muncie is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Muncie for each bedroom size?

Occupied Rental Units by Size in Muncie
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
624 2,877 4,935 3,797 886
Occupied Rental Units by Size in Muncie

A large number of apartments in Muncie have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Muncie are overburdened by housing costs?

Among renter households in this market, 50 percent have housing cost burden. Further, 30 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Muncie

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $708 to $1,383. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $708
One BR $784
Two BR $952
Three BR $1,280
Four BR $1,383
2024 Fair Market Rents in Muncie, Indiana

How many units are rented at Fair Market Rent (FMR) in Muncie?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 324 52 percent
One BR 2,062 72 percent
Two BR 3,052 62 percent
Rental Units Below FMR in Muncie, Indiana

How many affordable rental units are in Muncie?

There are a variety of federal affordable housing programs serving households in Muncie, Indiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,106
Public Housing 521
Section 8 Project-Based Rental Assistance 365
Section 202 Supportive Housing for the Elderly 59
Section 811 Supportive Housing for Persons with Disabilities 59
Tracked Units by Federal Program in Muncie, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Muncie, Indiana

Muncie features 977 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Muncie, Indiana

There are 338 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Muncie.

Housing Choice Vouchers in Muncie, Indiana

On average, Section 8 Housing Choice vouchers pay Muncie landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Muncie.

The maximum amount a voucher would pay on behalf of a low-income tenant in Muncie, Indiana for a two-bedroom apartment is between $857 and $1,047.

Sourced from federal housing data and AffordableHousingOnline.com research.