
Cheap Homes for Rent in Oaktown, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Oaktown.


916 Kussner St

206 N Jefferson St

2607 S 8th St

4293 S Avery St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2875 S 6th St

518 E Water St

1103 Broadway St

2025 S 7th St

108 S Oak St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Oaktown, IN Local Guide

How much does it cost to rent a home in Oaktown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oaktown 2 Bedroom Homes for Rent | $1,032 | $795 | $1,295 |
| Oaktown 3 Bedroom Homes for Rent | $1,532 | $1,000 | $2,250 |
| Oaktown 4 Bedroom Homes for Rent | $2,011 | $995 | $2,425 |
| Oaktown 5 Bedroom Homes for Rent | $2,575 | $2,550 | $2,600 |
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Oaktown, IN Local Guide
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Cheapest Available Oaktown Apartments for Rent and Nearby
 The cheapest available apartment rental in Oaktown, IN is a 1 Bed unit found at Union Pointe in the Downtown Terre Haute neighborhood priced from $550. Highland Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Oaktown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Highland Terrace | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Willow Crossings | Phase I - 1 Bed 1 Bath w Patio | 1BR,1BA | $699 |
Best Value Apartments for Rent in Oaktown, IN and Nearby
As of December 13, 2025 the best value apartment in the Oaktown area is the $1.05 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,615. The second greatest value Oaktown apartment is the 4x2 Model at Arbors at Honey Creek starting at $1,322 with a $0.91 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Oaktown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | 3BR Villa | 3BR,2BA | $1.05 |
| Arbors at Honey Creek | 4x2 | 4BR,2BA | $0.91 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.11 |
| The Landings | 2 Bedroom | 2BR,1BA | $1.09 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
| Springhill Apartments | 2 Bedroom | 2BR,1BA | $0.98 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Oaktown
What type of rentals are currently available in Oaktown?
There are currently 43 Apartments for Rent in Oaktown, IN with pricing that ranges from $519 to $2,683. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oaktown ranging from $600 to $2,600.
What is the current price range for Rental Homes in Oaktown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oaktown ranges from $600 to $2,600 with an average monthly rent of $1,566.
How much are larger Three and Four Bedroom Rentals in Oaktown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oaktown range from $534 to $2,683, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,250. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $533.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.