Welcome to a rare opportunity to experience expansive downtown living inside a beautifully preserved historic building in the heart of Muncie.
This end-unit, 2-bedroom apartment offers an abundance of square footage-giving you the space, flow, and flexibility that's hard to find in downtown living. The open-concept layout seamlessly connects a large, inviting living room with the rest of the home, creating the perfect environment for both relaxing and entertaining.
Natural light pours in from multiple exposures, enhancing the already airy feel of the space. Each bedroom is thoughtfully designed with walk-in full-sized closets, offering both comfort and functionality without compromise.
Set within a character-rich building, you'll enjoy the historic charm, secure access-controlled entry, and unique architectural details that make this property stand out.
Step outside and you're in the heart of downtown Muncie, just a short walk from Ivy Tech, local restaurants, coffee shops, entertainment, and the MITS transit route. Whether you're heading to class, work, or a night out, everything is just around the corner.
Highlights. Historic Downtown Apartment. 2nd-Floor Living with Elevator Access. Vaulted Ceilings & Oversized Windows. Hardwood & Ceramic Tile Flooring. Central Air & Forced Heat. Keyless & Access-Controlled Entry. Off-Street Parking. Coin Laundry in Building. on the Transit Route. Walking Distance to Ivy Tech.
This is more than just space-it's a downtown lifestyle with room to grow into.
If you've been waiting for the one downtown-this is it. Don't want to wait? Take a virtual look at the property here.... Amenities: Range/Oven, Open Floorplan, High Ceilings, Historic Features, Large Windows, Access Controlled, Subway Tile Backsplash, Double Bathroom Vanity & Keyless Entry.
58 days on RentalSource
RentalSource last checked: 1 day ago · Listing updated: October 28, 2026
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.
Property Summary
Property Type:
Apartment
Rental Fee:
$1,175
Bedrooms:
2 beds
Bathrooms:
1 bath
Size:
1,200 sqft
Pets:
Inquire
Laundry:
On site
Parking:
Yes
Available:
Now
ID:
84399882
Amenities
•Laundry Facilities
•Air Conditioning
•Parking
•Dishwasher
•Ceiling Fan
•Controlled Access
•Elevator
•Microwave
•Refrigerator
•Tile Floors
•Vaulted Ceilings
•Walk-in Closets
Leasing Information
Fees
•Deposit $1,175 (mandatory, refundable, move-in).
Additional Details
This 2-bedroom, 1-bathroom apartment at The Lodge, 122 S Walnut St, in Muncie, IN 47305 rents for $1,175 a month. It has 1,200 square feet. The Lodge was advertised by Blue Sky Property Management on September 17, 2026.
How the Rent Compares
At $1,175 a month, this apartment is above the typical rent for 2-bedroom apartments and condos in Muncie (about $960).
Typical $960This home $1,175
$790$1,190
From 66 two-bedroom apartments and condos listed in Muncie on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$960Typical rent for 2-bedroom apartments and condos in Muncie
The rent has dropped from $1,200 to $1,175 since it was listed on September 17.
Rent history for this home, newest first
Date
Event
Rent
Change
October 28, 2026
Price change
$1,175−2.1%
−2.1%
September 17, 2026
Listed for rent
$1,200
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 122 S Walnut St?
Bedrooms
2 bedrooms
30%
10%Recommended50%
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$47,000 /year
With your chosen rent-to-income ratio, an annual income of $47,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,175 per month.
How long would the trip to work or school be from here? Add where you go, and see the drive, bike ride or walk from this home and from every home you look at.
Drive times are for average traffic, so rush hour can take longer.
