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City · 64,751 residents · Delaware County, Indiana

Muncie , Indiana

In Muncie, a typical home is worth $97,300 and typical rent is $904 a month. Compared with all of Delaware County, the typical home value is 30% lower, typical household income is 23% lower, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $97,300

    30% below the county

    55% below Indiana

    • Muncie
    • Delaware
    • Indiana

  • Typical rent

    $904a month

    About the same as the county

    15% below Indiana

    • Muncie
    • Delaware
    • Indiana

  • Typical household income

    $44,471a year

    23% below the county

    38% below Indiana

    • Muncie
    • Delaware
    • Indiana

  • Households that own their home

    52%

    14 points below the county

    19 points below Indiana

    • Muncie
    • Delaware
    • Indiana

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$153,572
3.2% more than 12 months ago
Typical rent
$1,043 a month
5.4% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Muncie is in Delaware County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Delaware County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Muncie apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Muncie is worth $97,300, 30% less than in Delaware County as a whole ($139,400).

  2. 52% of households in Muncie own their home, against 66% in Delaware County.

  3. Muncie has the 8th lowest typical household income of the 134 cities in Indiana with more than 5,000 people ($44,471).

  4. Nearby, in Hartford City, the typical rent is $730: 19% less than in Muncie ($904).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Muncie

What homes there are in Muncie, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Muncie, but it weighs less than in Delaware County: 63% against 73%.

Year built

In Muncie, half of the homes were built before 1963; in Delaware County, before 1967.

There are fewer big homes in Muncie than in Delaware County: 50% have 3 bedrooms or more, against 61%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $541,287, at least 99% of owner-occupied homes in Muncie sit below it: they are worth less than $500,000.

Monthly rent with utilities

By rent, most homes in Muncie cost less than HUD's 2-bedroom fair market rent ($1,145): about 70%.

With a mortgage

$991 a month

Delaware County: $1,111 a month

Without a mortgage

$429 a month

Delaware County: $457 a month

Owners with a mortgage

50%

Delaware County: 55%

The typical cost for an owner with a mortgage in Muncie is $991 a month, less than in Delaware County ($1,111); without one, $429.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Muncie rose 32%; in Delaware County, it rose 49%.

The typical rent in Muncie rose 25% since 2015–2019, about the same as in Delaware County (25%).

The typical household income in Muncie rose 31% over that time; home values changed +32% and rent +25%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMuncieDelaware CountyIndianaUnited States
Rental vacancy 9.2%8.4%5.6%5.5%
Homeowner vacancy Unreliable estimate0.9%0.8%0.9%
More than one person per room 2.2%1.7%1.8%3.4%
People per household 2.162.262.462.53
Drive alone 74%77%76%69%
Carpool 10%10%9%9%
Public transit 2%1%1%3%
Walk or bike 6%4%2%3%
Work from home 8%8%11%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Open rentals in Muncie look like those in Delaware County: the rental vacancy rate is 9.2%.

More than one person per room: that is how 2.2% of households in Muncie live, near the figure in Delaware County (1.7%).

A household in Muncie has 2.16 people on average, about the same as in Delaware County (2.26).

In Muncie, 74% of workers drive alone to work; in Delaware County, 77%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Muncie?

A typical home is within reach of the typical income

We start with a typical home in Muncie, worth $97,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 22% of the typical household income in Muncie, which is $44,471 a year.

The calculator's FHA and conventional loan limits are those of all of Delaware County.

Your numbers

Local data
$

Starts at the typical home value in Muncie. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $3,406 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$805

at 7.18% · 30 years

Loan amount
$95,537
Total interest
$137,456
Paid off in
November 2056

Includes $1,643 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,038 a month

    Your payment · 22%

  • Tight

    $1,038 to $1,334 a month

  • Hard

    more than $1,334 a month

Compared with the typical household income in Muncie ($44,471 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$805
Principal & interest$647
Property tax$75
Home insurance$41
FHA mortgage insurance (MIP)$43

You need at least $3,406 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Muncie and Delaware County

Muncie is in Delaware County, Indiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Muncie's own numbers

Typical home value
$97,300
Typical monthly rent
$904
Typical yearly household income
$44,471
Households that own their home
52%
Effective property tax rate
0.92%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Delaware County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,145
Price change over 5 years (FHFA)
+57%
Homes in a high flood-risk zone
2.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Delaware County.

Everything about Delaware County

Buying

Buying a home in Muncie

A typical home in Muncie is worth $97,300: 30% below the county and 55% below Indiana. With the typical household income in Muncie ($44,471 a year), a typical home costs 2.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Muncie 2.2 years
  • Delaware 2.4 years
  • Indiana 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Delaware County

According to FHFA’s house price index, home prices in Delaware County rose 93% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Delaware County.

Period County Indiana U.S.
Last year (2025) +6.0% +4.3% +2.9%
5 years (2020–2025) +57% +53% +47%
10 years (2015–2025) +93% +95% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Muncie next to Delaware County, Indiana and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Muncie $97,300
  • Delaware $139,400
  • Indiana $218,200
  • United States $332,700
Typical monthly rent
  • Muncie $904
  • Delaware $906
  • Indiana $1,062
  • United States $1,413
Typical yearly household income
  • Muncie $44,471
  • Delaware $58,127
  • Indiana $71,957
  • United States $80,734
See the full table
Muncie next to Delaware County and Indiana
Measure Muncie Delaware County Indiana U.S.
Typical home value $97,300 $139,400 $218,200 $332,700
Typical monthly rent $904 $906 $1,062 $1,413
Typical yearly household income $44,471 $58,127 $71,957 $80,734
Households that own their home 52% 66% 71% 65%
Typical yearly property tax $894 $1,039 $1,614 $3,119
Effective property tax rate 0.92% 0.75% 0.74% 0.94%
Renters with high rent for their income 52% 50% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Delaware County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Muncie

For a typical $97,300 home in Muncie, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Muncie's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $805a month

    Least cash to close
    Down payment
    $3,406
    Cash to close
    $6,325
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $43

  • Conventional, 5% down $788a month

    Down payment
    $4,865
    Cash to close
    $7,784
    Rate
    7.18%
    Mortgage insurance
    PMI · $46

  • Conventional, 20% down, no PMI $642a month

    Down payment
    $19,460
    Cash to close
    $22,379
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $732a month

    Down payment
    $14,595
    Cash to close
    $17,514
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Muncie and for Delaware County.

Property tax

Effective rate in Muncie

0.92%of the home’s value each year

$894 a year for the typical owner in Muncie.

  • Muncie 0.92%
  • Delaware 0.75%
  • Indiana 0.74%

What Indiana publishes Homestead standard deduction: the amount drops each year (Indiana Department of Local Government Finance (DLGF), Form HC10)

Exemptions and deadlines in Indiana

Flood risk in Delaware County

FEMA does not publish these numbers by city: they are for all of Delaware County.

Homes in the high-risk zone
2.5%
1,126
Of those, with NFIP insurance
24%
County Indiana U.S.
Homes in the high-risk zone 2.5% 2.3% 3.5%
Of those, with NFIP insurance 24% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Muncie

Typical rent in Muncie is $904 a month: about the same as the county. In Muncie, 52% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Delaware County, by unit size. To pay the 2-bedroom one ($1,145 a month) without spending more than 30% of your income, you would need to earn $22.02 an hour working full time.

HUD fair market rent for all of Delaware County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $899 $17.29 $35,960
1 bedroom $913 $17.56 $36,520
2 bedrooms $1,145 $22.02 $45,800
3 bedrooms $1,438 $27.65 $57,520
4 bedrooms $1,890 $36.35 $75,600

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Muncie

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Muncie has 5 ZIP codes with their own.

For 2 bedrooms it runs from $1,010 in 47305 to $1,250 in 47304.

3 of the 5 are above the fair market rent for Delaware County ($1,145).

  • 47302 $1,110$1,390
  • 47303 $1,170$1,470
  • 47304 $1,250$1,570
  • 47305 $1,010$1,280
  • 47306 $1,220$1,540

3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Muncie when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Muncie

HUD lists 29 buildings with rents for lower incomes in Muncie. These are the largest.

  • Middletown Gardens 3002 E Tanner Dr, Muncie 47302 162 low-income homes · Run by Delaware County Housing Authority · Average payment: $350 a month · Average wait: 4 months (765) 284-3801
  • Cambridge Square Muncie 1601 E McGalliard Rd, Muncie 47303 124 low-income homes · For older adults (765) 747-8130
  • Elgin Manor Apts 2573 N Elgin St, Muncie 47303 120 low-income homes · For families (765) 286-1622
  • Silver Birch of Muncie 2500 W Kilgore Ave, Muncie 47304 119 low-income homes · Studio: 53 · 1 bd: 66 · In service since 2018
  • Carriage House Muncie 3969 N Everett Rd, Muncie 47304 100 low-income homes · For families (765) 747-0912

See all 32 buildings in Delaware County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Muncie

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Delaware County; 1 says it serves in Spanish.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Muncie

No down payment, repair or rent-help program on our list is for Muncie or Delaware County. The ones below are statewide in Indiana: they work in Muncie the same as in the rest of the state.

Which programs do I qualify for? All programs in Indiana

  • Next Home

    Statewide in Indiana

    Indiana state agency program with down payment assistance of 2.5% or 3.5% of the price, alongside a 30-year FHA or conventional mortgage. Offered by Indiana Housing and Community Development Authority (IHCDA).

    Type not stated

    See the program Official page

  • First Step

    Statewide in Indiana

    Indiana state agency 30-year FHA or conventional mortgage for first-time buyers (or homes in designated areas), with down payment assistance as a second mortgage with no interest or payments, repaid when the first mortgage ends. Offered by Indiana Housing and Community Development Authority (IHCDA).

    Deferred

    See the program Official page

Housing counselors near Muncie

The HUD-approved agencies closest to the center of Muncie, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Pathstone Corporation - Indiana

    420 S High St Ste 101, Muncie · 1 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 5 more
    (765) 286-2162

  • Transition Resources - Pendleton

    600 Corporation Dr Ste 105, Pendleton · 24 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (866) 844-8556

  • The Affordable Housing Corporation of Marion, Indiana

    812 S Washington St, Marion · 28 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (765) 662-1574

Every agency in Delaware County All counseling agencies in Indiana

Help in Spanish near Muncie

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Muncie

HUD’s record names them for Muncie or Delaware County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Muncie Public housing and Section 8 vouchers (765) 288-9242
  • Delaware County Housing Authority Public housing and Section 8 vouchers (765) 284-3801

All housing agencies in Indiana Source: HUD

Cities

Other cities in Delaware County

These cities are also in Delaware County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Delaware County Housing in Indiana

Nearby cities

The cities closest to Muncie, with the typical home value.

Neighboring counties

If Delaware County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Muncie.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Muncie

Short answers with the numbers for Muncie and all of Delaware County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Muncie?

The typical home value in Muncie is $97,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Delaware County it is $139,400.

How much does it cost to rent in Muncie?

Typical rent in Muncie is $904 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Delaware County is $1,145.

What is the FHA loan limit in Muncie?

Muncie uses the FHA limit for all of Delaware County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Muncie?

The typical homeowner in Muncie pays $894 a year, according to the U.S. Census Bureau. That is 0.92% of the home’s value; in Delaware County, the rate is 0.75%.

Where can I find free help to buy or rent in Muncie?

There is 1 HUD-approved counseling agency with an office in Delaware County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).