Zumper
modified
20 Hours Ago

Highlights

  • Modern kitchen
  • Prime location
  • Currently undergoing renovations
  • Cozy studio apartment
  • Fridge and stove

Location

1523 S Walnut St, Muncie, IN 47302, USA
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Contact

Management

Inspired Investments LLC

Leasing office

(317) 210-0673

Property Overview

1523 South Walnut Street features a modern kitchen and a cozy studio layout, currently undergoing renovations, and includes essential appliances like a fridge and stove. With a Zumper Expert Rating of 8.5 and strong scores in price, amenities, and location, this property offers great value and convenience. Additionally, it is notable for its pet-friendly environment, supported by nearby pet supply and grooming services.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 1523 South Walnut Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1523 South Walnut Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath500 sqft$590 /mo1 unit availableSign by September 1st & save $100 on September rent! Currently undergoing renovations, pictures coming soon! Introducing 1523 South Walnut Street, a cozy studio apartment located in the heart of Muncie, IN. This charming space features a modern kitchen equipped with a fridge and stove, perfect for whipping up your favorite meals. With one bathroom, this apartment offers convenience and comfort in a prime location. Don't miss out on the opportunity to make this studio your new home sweet home. Contact us today to schedule a tour!

Let's explore this property.

Amenities for 1523 South Walnut Street

Apartment Amenities

TrashWater

Appliances

FridgeRange
RefrigeratorStove

Building

Dogs OKSewer
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog policy

Allowed 
Limit1

Cat policy

Not Allowed 

1 pet maximum.

Building details

Property details

Units3
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About 1523 South Walnut Street

HomeApartments in Muncie 1523 South Walnut Street

Sign by September 1st & save $100 on September rent! Currently undergoing renovations, pictures coming soon! Introducing 1523 South Walnut Street, a cozy studio apartment located in the heart of Muncie, IN. This charming space features a modern kitchen equipped with a fridge and stove, perfect for whipping up your favorite meals. With one bathroom, this apartment offers convenience and comfort in a prime location. Don't miss out on the opportunity to make this studio your new home sweet home. Contact us today to schedule a tour!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 1523 South Walnut Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1523 South Walnut Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 1523 South Walnut Street
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1523 South Walnut Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1523 South Walnut Street goes above and beyond to provide sought-after conveniences and desirable perks, including dogs allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 1523 South Walnut Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1523 South Walnut Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1523 South Walnut Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1523 South Walnut Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

1523 South Walnut Street is great for:

Pet owners

  • 2 pet grooming services nearby
  • 3 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1523 South Walnut Street compares to other nearby properties.

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Muncie

studio apartments at 1523 South Walnut Street cost about 4% more than the average rent price for studio apartments in Muncie.

Median rents as of Sep 13 2025.
Muncie
A table of studio rental data trends in Muncie
MonthMedian Rent
September 2023$600
October 2023$600
November 2023$598
December 2023$602
January 2024$600
February 2024$612
March 2024$606
April 2024$595
May 2024$595
June 2024$590
July 2024$560
August 2024$550
September 2024$469
October 2024$561
November 2024$560
December 2024$611
January 2025$563
February 2025$562
March 2025$576
April 2025$576
May 2025$624
June 2025$637
July 2025$650
August 2025$614
September 2025$581

Affordability calculator

Can I afford to live at 1523 S Walnut St?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$23,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $23,600 annually to afford this studio monthly rent price of $590.
For more information on rent affordability, visit our rent calculator.

Schools near 1523 South Walnut Street

South View Elementary School

2100 s franklin

muncie, IN, 47302

PK, K-5Public
C-

Muncie Central High School

801 n walnut st

muncie, IN, 47305

PK, K-12Public
B-

Youth Opportunity Center

3700 w kilgore ave

muncie, IN, 47304

K-12Public
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Internet available near 1523 South Walnut Street

Getting around Muncie near 1523 S Walnut St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 1523 S Walnut St, Muncie

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

2/10
Closest high school further than a 30-minute walk

Nightlife

3/10
Some bars within walking distance

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