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These days, finding an affordable place to live in the Muncie area can be challenging. Home prices in Muncie are now at a median cost of $122,769, lower than the Indiana average of $232,932.
The average cost of rent is $953/mo in Muncie, primarily driven by the current value of real estate in the Muncie area. In Muncie, 40.09% of households rent, and 47.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Muncie is $4,846 per month. Households that rent pay about 19.67% of their income on rent here. Muncie’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Royerton, IN: higher priced homes
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- Selma, IN: higher priced homes
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Cities with Similar Populations
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- Arden-Arcade, CA: higher priced homes
- Auburn, WA: higher priced homes
- Beaumont, TX: higher priced homes
- Auburn, AL: higher priced homes
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