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.

property at 21 Hodge St

21 Hodge St

PittsburghPA15213

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 5700 Fifth Ave

5700 Fifth Ave

PittsburghPA15232

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 313 Kambach St

313 Kambach St

PittsburghPA15211

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Pittsburgh's Best Affordable Neighborhoods

Learn about Pittsburgh and the best affordable neighborhoods to live by our Local Expert Christine DiMaria

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Elm Grove priced from $870. Ambassador Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable Terrace Village apartments for rent in Pittsburgh, PA:

Apartment ListingModel NameBed/BathPriced From
Elm Grove#4Studio,1BA$870
Ambassador ApartmentsStudioStudio,1BA$880
The Schenley ArmsIwataniStudio,1BA$900
Belmont#3Studio,1BA$900
Liberty Point Apartments LP1B / 1B1BR,1BA$950
Shadyside PropertiesStudioStudio,1BA$950
The Royal Plaza Rockwel Realty LeasingGroud Floor StudioStudio,1BA$975
Arlington HousesArabis1BR,1BA$995

Best Value Apartments for Rent in Terrace Village, PA

As of June 18, 2025 the best value apartment in the Terrace Village area is the $0.26 price per square foot 312 Ophelia St Model at 312 Ophelia St, Unit #5- Summer ONLY in the in the West Oakland neighborhood starting from $600. The second greatest value Terrace Village apartment is the Three Bedroom Model at Garfield Commons starting at $1,343 with a $0.91 price per square foot in the Middle Hill 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.
312 Ophelia St, Unit #5- Summer ONLY312 Ophelia St5BR,3BA$0.26
Garfield CommonsThree Bedroom3BR,1.5BA$0.91
Skyline Terrace2 BD 1 BA2BR,1BA$0.95
438 S Pacific Ave, Unit 2438 S Pacific Ave2BR,1BA$1.08
917 S Aiken Ave, Unit 917917 S Aiken Ave1BR,1BA$1.15
2018 E Carson St, Unit 32018 E Carson St2BR,1BA$1.08
86 S 15th St, Unit 386 S 15th St2BR,1BA$1.04
312 Pearl St, Unit 2312 Pearl St1BR,1BA$1.09
4909 CENTRE AVE1BR/1.0BA1BR,1BA$1.10
120 S Graham St, Unit 3120 S Graham St1BR,1BA$1.11

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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Pet Friendly Lifestyle
Terrace Village, Pittsburgh, PA

Ranked #16

Among neighborhoods in Pittsburgh, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

Getting Around the Terrace Village Neighborhood in Pittsburgh, PA

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

69 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Liberty Point Apartments LP which is listed at $950, while the average apartment in Terrace Village costs $2,397.

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 137 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 $390 which is $2,007 cheaper than the average rent for all rentals in Terrace Village.

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.

decorative image for Top 10 Most Affordable Neighborhoods in Pittsburgh: A Local Real Estate Expert Guide article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.