Cheap Apartments for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $300 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Terre Haute area of Terre Haute.

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included
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Fieldstone Apartments
1 to 3 Bedroom Apartments

Fieldstone Apartments

1035 Elm StTerre Haute, IN 47807
  • Utilities Included

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Cheapest Available Downtown Terre Haute Apartments for Rent

 

The cheapest available apartment rental in the Downtown Terre Haute area of Terre Haute, IN is a 1 Bed unit found at Anthony Square Senior Apartments priced from $525. Union Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Downtown Terre Haute apartments for rent in Terre Haute, IN:

Apartment ListingModel NameBed/BathPriced From
Anthony Square Senior Apartments1 BR, 1 BA1BR,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
The Annex of Terre HauteStudio AStudio,1BA$725
Riverside Apartments2 Bedroom2BR,1BA$750
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$785

Best Value Apartments for Rent in Downtown Terre Haute, IN

As of February 27, 2026 the best value apartment in the Downtown Terre Haute area is the $1.33 price per square foot Layout 20 (East/Track View) Model at Riverfront in the in the Downtown Terre Haute neighborhood starting from $1,460. The second greatest value Downtown Terre Haute apartment is the 2x2 Model at Arbors at Honey Creek starting at $1,012 with a $0.94 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Downtown Terre Haute apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RiverfrontLayout 20 (East/Track View)2BR,2BA$1.33
Arbors at Honey Creek2x22BR,2BA$0.94
Center City ApartmentsCity Center 52BR,1BA$1.22
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.94
Heritage TrailOne Bedroom Apartment1BR,1BA$1.41
Riverside Apartments2 Bedroom2BR,1BA$1.07
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92
Anthony Square Senior Apartments2 BR, 1 BA2BR,1BA$1.14
The Annex of Terre HauteStudio BStudio ,1BA$1.68

Frequently Asked Questions about Cheap Downtown Terre Haute Apartments

What is a cheap apartment in Downtown Terre Haute?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Terre Haute is under $1,130.

What is the price of a cheap apartment in Downtown Terre Haute?

The cheapest apartment in Downtown Terre Haute is Anthony Square Senior Apartments which is listed at $525, while the average apartment in Downtown Terre Haute costs $1,685.

What types of apartments are the cheapest in Downtown Terre Haute?

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 32 regular apartments in Downtown Terre Haute 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 Downtown Terre Haute?

Cheap apartments in Downtown Terre Haute have an average cost of $519 which is $1,166 cheaper than the average rent for all rentals in Downtown Terre Haute.

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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