
Cheap Apartments for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Terre Haute area of Terre Haute.


1851 Park St, Unit 1851 1/2 Park St
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.

Arbors at Honey Creek

32 N 14th St

2000 Locust St
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.

700 S 8th St

1430 S 25th St

426 S 4th St

1233 S 10th St

1358 Chestnut St
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.

1814 S 7th St

2333 N 14th St

630 Ash St
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 | $799 | $750 | $870 |
Downtown Terre Haute 1 Bedroom Apartments | $888 | $351 | $1,295 |
Downtown Terre Haute 2 Bedroom Apartments | $1,064 | $519 | $3,000 |
Downtown Terre Haute 3 Bedroom Apartments | $1,318 | $706 | $2,500 |
Downtown Terre Haute 4 Bedroom Apartments | $1,028 | $450 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Terre Haute Neighborhood of Terre Haute, IN.
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Downtown Terre Haute, Terre Haute, IN Local Guide
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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 2 Beds unit found at Historic Walnut Square priced from $417. 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 |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
The Annex of Terre Haute | Studio C | Studio,1BA | $750 |
Harrison West | 2 Bedroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Downtown Terre Haute, IN
As of June 24, 2025 the best value apartment in the Downtown Terre Haute area is the $1.25 price per square foot Layout 21 (Courtyard View) Model at Riverfront in the in the Downtown Terre Haute neighborhood starting from $1,420. The second greatest value Downtown Terre Haute apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 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 21 (Courtyard View) | 2BR,2BA | $1.25 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
1851 Park St, Unit 1851 1/2 Park St | 1851 Park St | 1BR,1BA | $0.56 |
1918 N 9th St, Unit Collett Park Retreat | 1918 N 9th St | 1BR,1BA | $1.33 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Heritage Trail | One Bedroom Apartment | 1BR,1BA | $1.41 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Sycamore Place Apartments | 1.1 Deluxe | 1BR,1BA | $1.48 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Terre Haute, Terre Haute, IN
Ranked #1
Among neighborhoods in Terre Haute, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Terre Haute Neighborhood in Terre Haute, IN
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
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 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 $849.
What is the price of a cheap apartment in Downtown Terre Haute?
The cheapest apartment in Downtown Terre Haute is Union Pointe which is listed at $550, while the average apartment in Downtown Terre Haute costs $1,002.
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 36 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 $531 which is $471 cheaper than the average rent for all rentals in Downtown Terre Haute.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.