Charles Commons
613 W Charles St,
Muncie, IN 47305
$1,000
2 Beds
Downtown Muncie
Muncie, IN
Downtown Muncie - Muncie, IN Area Guide
A booming business district in the heart of Muncie
Affordable
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Public Transit
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Local Business
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Community
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Family-Friendly
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Situated along White River, Downtown Muncie is a one-stop-shop for living, working, and relaxing. This downtown district can check everything off of your wish list, including various local businesses, historic storefronts, walkable streets, delicious restaurants, and unique shops.
Downtown is surrounded by residential neighborhoods with affordable apartments, condos, and houses for rent. If you’re looking for family-friendly housing that won’t break the bank, but you’re not willing to give up the perks of living near a downtown district, Downtown Muncie is the perfect place for you.
For such an affordable lifestyle, Downtown surprisingly boasts a lively, successful business district with big-time companies and upscale offices like Raymond James, to quaint, locally-owned shops like Made in Muncie Pottery. In Downtown Muncie, you’ll see more than just lively downtown streets from your backyard. Enjoy this neighborhood’s community parks, public transportation, and simple commute to nearby Indianapolis while you’re at it!
Rent Trends
As of March 2026, the average apartment rent in Downtown Muncie is $761 for a studio, $832 for one bedroom, and $1,047 for two bedrooms. Apartment rent in Downtown Muncie has decreased by -1.6% in the past year.
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Studio
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400 sq ft
Average Sq Ft
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$761/month
Average Rent
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1 BR
-
581 sq ft
Average Sq Ft
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$832/month
Average Rent
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2 BR
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865 sq ft
Average Sq Ft
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$1,047/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Muncie - Muncie, IN is for everyday living.
Very Walkable
72
/ 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Very Bikeable
76
/ 100
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Red-Tail Land Conservancy
- Muncie Children's Museum
- Minnetrista
- Ball State University Observatory
- Charles W. Brown Planetarium at Ball State University
Military Bases
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.