Cheap Apartments for Rent in the Terrace Village Neighborhood of Pittsburgh, PA from $600 (297 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

property at 744 Proctor Wy

$875 - $1,450

1 To 3 Bedroom Rentals

Available Jul 1

744 Proctor Wy

PittsburghPA15210

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.

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.

property at 17 Amanda St

$999 - $1,575

1 To 3 Bedroom Rentals

Available May 1

17 Amanda St

PittsburghPA15210
property at 1608 Lowrie St

$1,025 - $1,050

1 Bedroom Rentals

Available Now

1608 Lowrie St

PittsburghPA15212

Pittsburgh: An Insider's Guide to the Steel City

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.

Work and Live in the Burgh: The Top Employers and Where to Find Your Perfect Pittsburgh Apartment

Searching for an apartment near your new job in Pittsburgh? This local guide highlights the top employers and recommends walkable, vibrant neighborhoods like Shadyside, Downtown, and Oakland.

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 Arlington Apartments priced from $685. 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
Arlington ApartmentsBartokStudio,1BA$685
Liberty Point Apartments LP1B / 1B1BR,1BA$950
Thames ManorAffordable Studio ApartmentStudio,1BA$975
Aberdeen ApartmentsEfficiencyStudio,1BA$1,000
Helm on the AlleghenyCo-Living Suite1BR,1BA$1,070

Best Value Apartments for Rent in Terrace Village, PA

As of April 15, 2026 the best value apartment in the Terrace Village area is the $1.00 price per square foot 419 S Atlantic Ave Model at 419 S Atlantic Ave, Unit 1st 2nd floors in the in the Middle Hill neighborhood starting from $3,000. The second greatest value Terrace Village apartment is the 4518 Liberty Ave Model at 4518 Liberty Ave, Unit 2 starting at $2,500 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.
419 S Atlantic Ave, Unit 1st 2nd floors419 S Atlantic Ave4BR,2BA$1.00
4518 Liberty Ave, Unit 24518 Liberty Ave2BR,2BA$1.00
534 Aspen St, Unit 2534 Aspen St2BR,2BA$1.07
Garfield CommonsThree Bedroom3BR,1.5BA$0.92
817 Anaheim St817 Anaheim St2BR,1BA$1.00
2411 Mount Troy Rd, Unit 2411 Mt. Troy Road, 2nd2411 Mount Troy Rd1BR,1BA$0.80
3111 Northview St, Unit 3111 Northview #23111 Northview St2BR,2BA$1.20
4909 CENTRE AVE1BR/1.0BA1BR,1BA$1.24
805 Flemington St, Unit 2805 Flemington St1BR,1BA$1.03
2116 Bedford Ave, Unit Rear2116 Bedford Ave1BR,1BA$1.06

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Pittsburgh's Academic Gems: A Local Expert's University and Housing Guide

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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Quick Rent Budget Calculator

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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 $1,070.

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 165 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 $439 which is $3,561 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.

Helpful Local Expert Guides

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Top 10 Most Affordable Neighborhoods in Pittsburgh: A Local Real Estate Expert Guide

Written by: Christine DiMaria

Pittsburgh is known for its bridges, breathtaking views, culture, and bustling nightlife. Though not every part of Steel City is perfect, each neighborhood, from the North Shore to the South Side, has a unique charm.

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Pittsburgh's Academic Gems: A Local Expert's University & Housing Guide

Written by: Christine DiMaria

Besides Pittsburgh's yearly homage to pickles, nationally recognized football team, and coinage of the word "yinz," the city is also known for its renowned higher education opportunities.

decorative image for Work and Live in the Burgh: The Top Employers and Where to Find Your Perfect Pittsburgh Apartment article

Work and Live in the Burgh: The Top Employers and Where to Find Your Perfect Pittsburgh Apartment

Written by: Christine DiMaria

While your mind probably automatically drifts to the steel mills when you hear Pittsburgh, long gone are the days when the city was the leading steel producer in the country — and at one time, the world.

decorative image for Pittsburgh: An Insiders Guide to the Steel City article

Pittsburgh: An Insiders Guide to the Steel City

Written by: Christine DiMaria

Pittsburgh — home of the Steelers, Three Rivers, and more culture than one city should be allowed. For tourists, it's a mecca for history, sports, and good eats. For us who call it home, it has all the essentials and more.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.