3 Days Ago
Location
500 N Alameda Ave, Muncie, IN 47303, USA
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Property Overview
500 North Alameda Ave has received a strong Zumper Expert Rating, reflecting its desirability. Key advantages include a convenient location and appealing amenities, making it an attractive option for those seeking urban living. Additionally, notable features enhance the property's appeal, providing potential residents with a well-rounded living experience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $889 /mo | 1 unit available | Ideally located just minutes from Ball State University and IU Ball Memorial Hospital, this 2-bedroom apartment puts shopping, dining, and entertainment right at your doorstep. Inside, you’ll find new flooring throughout, along with brand-new appliances and the added convenience of an in-unit washer and dryer. Rent: $889 (this price is for the full unit, not per bedroom) Deposit: $889 Utilities: Tenant pays electric directly. Gas is billed monthly per usage. Water, sewer, and trash are billed back at a fixed rate of $60 month One (1) small pet may be permitted with written approval from Muncie Management. If approved, a $195 non-refundable pet fee and a monthly pet rent of $35 per pet will apply. Restrictions: For the safety and comfort of all tenants, we do not allow reptiles or aggressive breeds. Managed Professionally: This property is professionally managed by Muncie Management Call, text, or go to our website to schedule a showing: 765-768-3224 www MuncieMgmt com | ||
| 3BR/1.0BA | 3 bed | 1 bath | $979 /mo | 1 unit available | Ideally located just minutes from Ball State University and IU Ball Memorial Hospital, this 3-bedroom apartment puts shopping, dining, and entertainment right at your doorstep. Inside, you’ll find new flooring throughout, along with brand-new appliances and the added convenience of an in-unit washer and dryer. Rent: $979 (this price is for the full unit, not per bedroom) Deposit: $979 Utilities: Tenant pays electric directly. Gas is billed monthly per usage. Water, sewer, and trash are billed back at a fixed rate of $60 month One (1) small pet may be permitted with written approval from Muncie Management. If approved, a $195 non-refundable pet fee and a monthly pet rent of $35 per pet will apply. Restrictions: For the safety and comfort of all tenants, we do not allow reptiles or aggressive breeds. Managed Professionally: This property is professionally managed by Muncie Management Call, text, or go to our website to schedule a showing: 765-768-3224 www MuncieMgmt com |
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Amenities for 500 North Alameda Ave
Appliances
| Fridge | In-Unit Laundry |
| Range | Refrigerator |
| Stove | Washer and Dryer |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 2 |
|---|
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About 500 North Alameda Ave
Ideally located just minutes from Ball State University and IU Ball Memorial Hospital, this 3-bedroom apartment puts shopping, dining, and entertainment right at your doorstep. Inside, you’ll find new flooring throughout, along with brand-new appliances and the added convenience of an in-unit washer and dryer. Rent: $979 (this price is for the full unit, not per bedroom) Deposit: $979 Utilities: Tenant pays electric directly. Gas is billed monthly per usage. Water, sewer, and trash are billed back at a fixed rate of $60 month One (1) small pet may be permitted with written approval from Muncie Management. If approved, a $195 non-refundable pet fee and a monthly pet rent of $35 per pet will apply. Restrictions: For the safety and comfort of all tenants, we do not allow reptiles or aggressive breeds. Managed Professionally: This property is professionally managed by Muncie Management Call, text, or go to our website to schedule a showing: 765-768-3224 www MuncieMgmt com
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 500 North Alameda Ave is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 North Alameda Ave has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
500 North Alameda Ave 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.
500 North Alameda Ave goes above and beyond to provide sought-after conveniences and desirable perks, including fridge. Renters looking for popular or luxurious features will find them here—and for that reason, 500 North Alameda Ave 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.
500 North Alameda Ave 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 500 North Alameda Ave does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 500 North Alameda Ave compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
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Rent trends in Muncie
If you decide to upgrade your space, you can expect 2-bedrooms at 500 North Alameda Ave to be 6% less than the average for similarly sized apartments in Muncie.
3-bedroom apartments at 500 North Alameda Ave cost about 18% less than the average rent price for 3-bedroom apartments in Muncie.
Median rents as of Mar 7 2026.
Muncie
| Month | Median Rent |
|---|---|
| March 2024 | $612 |
| 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 | $569 |
| October 2025 | $572 |
| November 2025 | $577 |
| December 2025 | $585 |
| January 2026 | $579 |
| February 2026 | $594 |
| March 2026 | $600 |
Affordability calculator
Can I afford to live at 500 N Alameda Ave?
Bedrooms
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
$35,560/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,560 annually to afford this 2-bedrooms monthly rent price of $889.
For more information on rent affordability, visit our rent calculator.
Schools near 500 North Alameda Ave
Muncie Central High School
801 n walnut st
muncie, IN, 47305
PK, K-12Public
B-
Burris Laboratory School
2000 university ave
muncie, IN, 47306
K-12Public
A-
West View Elementary School
3401 w gilbert st
muncie, IN, 47304
PK, K-5Public
C+
Youth Opportunity Center
3700 w kilgore ave
muncie, IN, 47304
K-12Public
Redkey Elementary School
box 6 w main st
redkey, IN, 47373
PK, K-6Public
B
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Internet available near 500 North Alameda Ave
Getting around Muncie near 500 N Alameda Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 500 N Alameda Ave, Muncie
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
4/10
Some bars within walking distance
Explore the area around 500 N Alameda Ave
Downtown Farm Stand LLC
125 E Main St
Fresh Thyme Market
505 W McGalliard Rd
ALDI
210 W McGalliard Rd
Pay Less Super Markets
1500 W McGalliard Rd
Pay Less Super Markets Pharmacy
1500 W McGalliard Rd
The Hayloft
202 S Walnut St
Juniper Style
1612 W University Ave
Family Dollar
1904 N Walnut St
Shoe Dept
518 W McGalliard Rd
Family Dollar
2729 W Jackson St
Caffeinery
401 S Walnut St
The Cup
1606 W University Ave
Tea Rex Teahouse
825 E Washington St
Jack's Donuts
1706 W University Ave
Starbucks
2000 W University Ave
Savage's Alehouse
127 N High St
Mad Axe Muncie
500 E Jackson St
Brothers Bar & Grill
1601 W University Ave
Mr and MRS B's Champs Sports Bar and Grill
2108 N Walnut St
Buttonhole Bar
712 W 7th St
Sunbun Bakery
Lahody Meats
1308 N Wheeling Ave
Murray's Cheese
1500 W McGalliard Rd
GNC
3501 N Granville Ave
Walmart Bakery
4801 W Clara Ln
Amazing Joe's Grill
909 N Wheeling Ave
Savage's Alehouse
127 N High St
Tuppee Tong Thai Restaurant
310 W Main St
Mama Bonds Soul Food Kitchen
108 S Walnut St
Sea Salt & Cinnamon
UNIVERSITY/WHEELING
Northwest Plaza
NORTH/WHITE RIVER/WHEELING
Northwest Plaza
ASHLAND/WHEELING
Northwest Plaza
WYSOR/HIGH/FRANKLIN
Northwest Plaza
ASHLAND/RESERVE
Riverside/Rural King
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