Muncie
Indiana · Ranked #9 of 373 metros
95Affordable
💡
Housing in Muncie costs 2.53× the median income, below the national average of 4.5×. The median home price is $140K and median rent is $878/month. Muncie ranks #9 of 373 metros for affordability.
Median Home Price
🏠$140K
Need $41K income
Median Rent
🔑$878
Need $35K income
Building Permits
🔨173
annual
Median Income
💰$55K
Pop: 112,233
Rent Burden
⚠️28.8%
of renters paying >30%
Homeownership
🏡66.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Muncie | National |
|---|---|---|
| Price-to-Income Ratio | 2.53x | 6.1x |
| Rent Burden | 28.8% | 31.5% |
| Homeownership Rate | 66.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +70.9%Since 2000: +118.5%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$803/mo
1 Bedroom$845/mo
2 Bedroom$1,043/mo
3 Bedroom$1,349/mo
4 Bedroom$1,685/mo
Zillow Market Data
Home Value (ZHVI)
$163K
1yr: +3.2%5yr: +48.1%
Rent (ZORI)
$983/mo
1yr: +5.7%5yr: +41.5%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$173K
Active Inventory
203
Days on Market
38
Sold Above List
14.7%
Price Drops
27.1%