Cheap Apartments for Rent in the Terrace Village Neighborhood of Pittsburgh, PA from $600 (278 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Terrace Village area of Pittsburgh.

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21 Hodge St, Unit 2
$845
Total Monthly Price

Total Monthly Price

Base Rent
$845

Total Monthly Price
$845
2 Bedroom Apartment Available Now

21 Hodge St, Unit 2

21 Hodge StPittsburgh, PA 15213
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318 Saline St, Unit 1
$845
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Total Monthly Price

Base Rent
$845

Total Monthly Price
$845
1 Bedroom Apartment Available Aug 14

318 Saline St, Unit 1

318 Saline StPittsburgh, PA 15207
Affordability

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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4901 Penn Ave
$875 - $995
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Total Monthly Price

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$875 - $995

Total Monthly Price
$875 - $995
Studio Apartment Available Now

4901 Penn Ave

4901 Penn AvePittsburgh, PA 15224
Affordability

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315 N Neville St, Unit 2
$975
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Total Monthly Price

Base Rent
$975

Total Monthly Price
$975
1 Bedroom Apartment Available Now

315 N Neville St, Unit 2

315 N Neville StPittsburgh, PA 15213
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864 Mirror St, Unit #1
$1,100
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Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
1 Bedroom Apartment Available Aug 1

864 Mirror St, Unit #1

864 Mirror StPittsburgh, PA 15217
Affordability
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Discover why Pittsburgh is now a center for education and technology, not just steel. Explore the city's rich history, vibrant art and culture scene, and family-friendly attractions with this comprehensive local guide.

Terrace Village, Pittsburgh, PA Local Guide

Cheapest Available Terrace Village Apartments for Rent

 

The cheapest available apartment rental in the Terrace Village area of Pittsburgh, PA is a Studio unit found at BRETT priced from $700. Liberty Point Apartments LP has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Terrace Village apartments for rent in Pittsburgh, PA:

Apartment ListingModel NameBed/BathPriced From
BRETTEfficiencyStudio,1BA$700
Liberty Point Apartments LP1B / 1B1BR,1BA$950
Thames ManorAffordable Studio ApartmentStudio,1BA$975
Arlington ApartmentsVerdiStudio,1BA$990

Best Value Apartments for Rent in Terrace Village, PA

As of June 01, 2026 the best value apartment in the Terrace Village area is the $1.04 price per square foot 68 S 11th St Model at 68 S 11th St, Unit 3 in the in the Central Business District neighborhood starting from $1,895. The second greatest value Terrace Village apartment is the 534 Aspen St Model at 534 Aspen St, Unit 2 starting at $1,500 with a $1.00 price per square foot in the Crawford-Roberts neighborhood. Here is today’s list of the best values for Terrace Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
68 S 11th St, Unit 368 S 11th St2BR,1BA$1.04
534 Aspen St, Unit 2534 Aspen St2BR,2BA$1.00
2910 E Carson St, Unit Apt #22910 E Carson St2BR,1BA$0.90
3301 Iowa St, Unit 63301 Iowa St3BR,1BA$0.92
Garfield CommonsThree Bedroom3BR,1.5BA$1.05
537 Greenfield Ave, Unit 2537 Greenfield Ave2BR,1BA$0.83
4313 Kish Way, Unit Apartment 24313 Kish Way2BR,1BA$0.70
2411 Mount Troy Rd, Unit 2411 Mt. Troy Road, 2nd2411 Mount Troy Rd1BR,1BA$0.80
816 Adelaide St, Unit 1st floor816 Adelaide St1BR,1BA$1.10
2116 Bedford Ave2116 Bedford Ave1BR,1BA$1.06

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.

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Learn About the Best Neighborhoods to Rent Near College Campuses in Pittsburgh, PA | Find Pittsburgh Off-Campus Student Housing at ApartmentHomeLiving.com

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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Pennsylvania, including Pittsburgh. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, features that make it easier to raise kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Terrace Village Apartments

What is a cheap apartment in Terrace Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Terrace Village is under $990.

What is the price of a cheap apartment in Terrace Village?

The cheapest apartment in Terrace Village is Liberty Point Apartments LP which is listed at $950, while the average apartment in Terrace Village costs $4,000.

What types of apartments are the cheapest in Terrace Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 188 regular apartments in Terrace Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Terrace Village?

Cheap apartments in Terrace Village have an average cost of $464 which is $3,536 cheaper than the average rent for all rentals in Terrace Village.

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.

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