Cheap Apartments for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $300 (23 Rentals)

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

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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property at 2000 Locust St

2000 Locust St

Terre HauteIN47807

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 610 S 5th St

610 S 5th St

Terre HauteIN47807

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Showing Results 1-23, Page 1 of 1

Downtown Terre Haute, Terre Haute, IN Local Guide

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 ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek3x23BR,2BA$706
Riverside Apartments2 Bedroom2BR,1BA$750
University Village Student Housing1 bd Standard1BR,1BA$760

Best Value Apartments for Rent in Downtown Terre Haute, IN

As of August 30, 2025 the best value apartment in the Downtown Terre Haute area is the $1.15 price per square foot 1130 S 6th St Model at 1130 S 6th St, Unit 1 in the in the Downtown Terre Haute neighborhood starting from $4,600. The second greatest value Downtown Terre Haute apartment is the Layout 20 (East/Track View) Model at Riverfront starting at $1,460 with a $1.33 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.
1130 S 6th St, Unit 11130 S 6th St6BR,5.5BA$1.15
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$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
1609 Ohio St, Unit 11609 Ohio St1BR,1BA$1.05
Riverside Apartments2 Bedroom2BR,1BA$1.07
Union Pointe1 Bedroom1BR,2BA$0.92
1701 N 9th St, Unit 31701 N 9th St1BR,1BA$1.12

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Pet Friendly Lifestyle
Downtown Terre Haute, Terre Haute, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Downtown Terre Haute Neighborhood in Terre Haute, IN

Walk Score®

66 / 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 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 $4,600.

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 19 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 $370 which is $4,230 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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.