Rent in Muncie, IN at a glance
2-bedroom rent (HUD)
$1,043$12,516 a year · HUD fiscal year 2026From October 1, 2026: $1,145 (+9.8%)How much rent can you afford in Muncie, IN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Muncie, IN by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $803 | $9,636 | $32,120 | $15.44/hr |
| 1 bedroom | $845 | $10,140 | $33,800 | $16.25/hr |
| 2 bedroomsMost searched | $1,043 | $12,516 | $41,720 | $20.06/hr |
| 3 bedrooms | $1,349 | $16,188 | $53,960 | $25.94/hr |
| 4 bedrooms | $1,685 | $20,220 | $67,400 | $32.40/hr |
Living and working in Muncie, IN
Rent in Muncie, IN: common questions
How much is rent going up in Muncie, IN in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,145 for a two-bedroom, up 9.8% from $1,043. A one-bedroom goes from $845 to $913, a studio from $803 to $899.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Muncie, IN?
HUD's Fair Market Rent for 2026 is $845 for a one-bedroom and $1,043 for a two-bedroom, utilities included. That is $12,516 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Muncie, IN?
To keep a $1,043 two-bedroom at 30% of gross pay, one full-time worker needs $20.06 an hour, or $41,720 a year. A one-bedroom at $845 takes $16.25 an hour.
How much is a 1, 2 or 3-bedroom apartment in Muncie, IN?
At HUD's 2026 Fair Market Rent: studio $803, one bedroom $845, two $1,043, three $1,349 and four $1,685 a month.
Is rent affordable in Muncie, IN?
For the typical household, earning $44,471 a year ($3,706 a month, Census ACS), a two-bedroom at $1,043 takes 28.1% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,043 × 12) ÷ 0.30 = $41,720. Divided by 2,080 working hours, that is $20.06 an hour.