
Cheap Homes for Rent in Oaktown, IN from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Oaktown.


1228 E Dawn Dr

10065 Main St

1193 E Dawn Dr

2829 S 9th 1/2 St
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 | $1,081 | $850 | $1,495 |
Oaktown 3 Bedroom Homes for Rent | $1,587 | $925 | $2,250 |
Oaktown 4 Bedroom Homes for Rent | $2,425 | $2,425 | $2,425 |
Oaktown 5 Bedroom Homes for Rent | $2,512 | $2,475 | $2,550 |
Browse Top Homes for Rent in Oaktown
Explore Oaktown
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 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 Oaktown apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Lakewood Apartments | Studio | Studio,1BA | $500 |
Sullivan Downtown Townhomes | 3 Bed 2.5 Bath Duplex | 3BR,2BA | $534 |
Best Value Apartments for Rent in Oaktown, IN and Nearby
As of July 28, 2025 the best value apartment in the Oaktown area is the $1.16 price per square foot Single Family Home Model at Sullivan Downtown Townhomes in the starting from $1,598. The second greatest value Oaktown apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 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. |
---|---|---|---|
Sullivan Downtown Townhomes | Single Family Home | 3BR,2.5BA | $1.16 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
Heritage Trail | Two Bedroom Apartment | 2BR,2BA | $1.19 |
Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
The Annex of Terre Haute | 2 bed 2 Bath A | 2BR,2BA | $0.71 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $0.88 |
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.08 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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Frequently Asked Questions about Oaktown
What type of rentals are currently available in Oaktown?
There are currently 41 Apartments for Rent in Oaktown, IN with pricing that ranges from $351 to $2,709. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oaktown ranging from $595 to $2,550.
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 $595 to $2,550 with an average monthly rent of $1,659.
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 $2,709, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,250. Four Bedroom Single-Family rentals are also available starting from $2,425 and Four Bedroom Apartments start at $514.
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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.