Cheap Apartments for Rent in Center Point, IN from $300 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Center Point.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Center Point, IN Local Guide

Cheapest Available Center Point Apartments for Rent and Nearby

 

The cheapest available apartment rental in Center Point, IN is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Lakewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Center Point apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Lakewood ApartmentsStudioStudio,1BA$500
Sullivan Downtown Townhomes3 Bed 2.5 Bath Duplex3BR,2BA$534
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
NorthwindThe BirchStudio,1BA$635
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Center City ApartmentsCity Center 11BR,1BA$750
101 Locust St2 Bedroom2BR,1BA$750
University Village Student Housing1 bd Standard1BR,1BA$760

Best Value Apartments for Rent in Center Point, IN and Nearby

As of August 16, 2025 the best value apartment in the Center Point area is the $0.80 price per square foot 4BR/4.0BA Model at Ashton Apartments in the starting from $1,200. The second greatest value Center Point apartment is the Single Family Home Model at Sullivan Downtown Townhomes starting at $1,598 with a $1.16 price per square foot . Here is today’s list of the best values for Center Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton Apartments4BR/4.0BA4BR,4BA$0.80
Sullivan Downtown TownhomesSingle Family Home3BR,2.5BA$1.16
Arbors at Honey Creek2x22BR,2BA$0.57
Highland Terrace2 Bed 2 Bath Single Level with Washer/Dryer Con...2BR,2BA$0.96
KINGSTON RIDGE APARTMENTS2 Bedroom 1 Bathroom - Apartment2BR,1BA$1.03
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
The Annex of Terre Haute2 bed 2 Bath A2BR,2BA$0.71
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
101 Locust St2 Bedroom2BR,1BA$1.07
Union Pointe1 Bedroom1BR,2BA$0.92

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Center Point, IN

Walk Score®

1 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

19 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Center Point Apartments

How much is rent for a Cheap One Bedroom Center Point Apartment?

The lowest price for a Cheap One Bedroom Center Point Apartment is $550 at Union Pointe.

What is the lowest price for a Cheap Two Bedroom Center Point Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Center Point is starting from $417 at Historic Walnut Square.

What is the most affordable Center Point Three Bedroom Apartment?

The best deal on a cheap Center Point Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.