Cheap Apartments for Rent in the Terrace Village Neighborhood of Pittsburgh, PA from $600 (286 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.

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4901 Penn Ave, Unit 5
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925
1 Bedroom Apartment Available Now

4901 Penn Ave, Unit 5

4901 Penn AvePittsburgh, PA 15224
Affordability

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.

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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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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.

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property at 90 S 22nd St

$1,150 - $1,895

1 To 4 Bedroom Rentals

Available Aug 10

90 S 22nd St

PittsburghPA15203

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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. Stanton 5401 has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Terrace Village apartments for rent in Pittsburgh, PA:

Apartment ListingModel NameBed/BathPriced From
BRETTEfficiencyStudio,1BA$700
Stanton 5401Stanton 5401 - 6Studio,1BA$845
NORMANDYLYNNStudio,1BA$960
Thames ManorAffordable Studio ApartmentStudio,1BA$975
430 South Fairmount Street430 South Fairmount Street - 31BR,1BA$995
Baywood 5425Baywood 5425 - 6Studio,1BA$995

Best Value Apartments for Rent in Terrace Village, PA

As of July 17, 2026 the best value apartment in the Terrace Village area is the $0.43 price per square foot 2822 Salisbury St Model at 2822 Salisbury St in the in the Crawford-Roberts neighborhood starting from $1,495. The second greatest value Terrace Village apartment is the 68 S 11th St Model at 68 S 11th St starting at $1,795 with a $0.99 price per square foot in the Central Business District 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.
2822 Salisbury St2822 Salisbury St4BR,2BA$0.43
68 S 11th St68 S 11th St2BR,1BA$0.99
1801 Sidney St, Unit 21801 Sidney St4BR,2BA$1.08
Garfield CommonsThree Bedroom3BR,1.5BA$0.91
2002 E Carson St, Unit 2 A2002 E Carson St2BR,1BA$1.00
3301 Iowa St, Unit Unit 13301 Iowa St3BR,1BA$1.08
2120 Bedford Ave, Unit 12120 Bedford Ave2BR,1BA$1.00
1402 Sarah St, Unit Aprt 31402 Sarah St1BR,1BA$0.90
4909 CENTRE AVE1Br/1.0 BA Basement1BR,1BA$1.08
4313 Kish Way, Unit 4313 Kish Way4313 Kish Way2BR,1BA$0.88

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

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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Best Local Schools in
Terrace Village, Pittsburgh, PA

School data provided by Great Schools

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 $995.

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

The cheapest apartment in Terrace Village is 430 South Fairmount Street which is listed at $995, while the average apartment in Terrace Village costs $3,250.

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 104 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 $504 which is $2,746 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.

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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.

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Pittsburgh: An Insider's Guide to the Steel City

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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.