
Cheap Apartments for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Terre Haute area of Terre Haute.


Total Monthly Price
Anthony Square Senior Apartments

Arbors at Honey Creek

Union Pointe

821 N 13th St
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Harrison West

Historic Walnut Square

1233 S 10th St

Fieldstone Apartments

100 Gilbert Ave
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Miller Parrott Lofts 55 AND OLDER

1362 Chestnut St

1880 N 6th 1/2 St

1014 3rd Ave

711 N 25th St
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Downtown Terre Haute, Terre Haute, IN Local Guide

How much does it cost to rent an apartment in Downtown Terre Haute?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Terre Haute Studio Apartments | $818 | $725 | $858 |
| Downtown Terre Haute 1 Bedroom Apartments | $755 | $525 | $1,295 |
| Downtown Terre Haute 2 Bedroom Apartments | $954 | $460 | $1,800 |
| Downtown Terre Haute 3 Bedroom Apartments | $1,696 | $1,000 | $2,500 |
| Downtown Terre Haute 4 Bedroom Apartments | $717 | $430 | $1,322 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Terre Haute Neighborhood of Terre Haute, IN.
See all Apartments in Terre HauteExplore Terre Haute
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anthony Square Senior Apartments | 1 BR, 1 BA | 1BR,1BA | $525 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| The Annex of Terre Haute | Studio A | Studio,1BA | $725 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $750 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverfront | Layout 20 (East/Track View) | 2BR,2BA | $1.33 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.94 |
| Center City Apartments | City Center 5 | 2BR,1BA | $1.22 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
| Heritage Trail | One Bedroom Apartment | 1BR,1BA | $1.41 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
| Anthony Square Senior Apartments | 2 BR, 1 BA | 2BR,1BA | $1.14 |
| The Annex of Terre Haute | Studio B | Studio ,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.
Articles, How-To's, and Tips

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.

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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.