Cheap Homes for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $500 (20 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 517 N 14th St

$799

2 Bedroom Rentals

Available Now

517 N 14th St

Terre HauteIN47807
property at 1308 S 19th St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

1308 S 19th St

Terre HauteIN47803

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-20, Page 1 of 1

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 3 Beds unit found at Sycamore Place priced from $549. 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
Sycamore Place3 Bedroom 1.5 Bathroom Townhouse Fall 20263BR,1BA$549
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
820 Poplar Street820 Poplar Street - 22BR,1BA$725
Harrison West1 Bedroom1BR,1BA$725

Best Value Apartments for Rent in Downtown Terre Haute, IN

As of August 16, 2026 the best value apartment in the Downtown Terre Haute area is the $0.33 price per square foot 4 Bed 2 bath Model at The Annex of Terre Haute in the in the Downtown Terre Haute neighborhood starting from $399. The second greatest value Downtown Terre Haute apartment is the Layout 10 (River View) Model at Riverfront starting at $1,500 with a $1.36 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.
The Annex of Terre Haute4 Bed 2 bath4BR,2BA$0.33
RiverfrontLayout 10 (River View)2BR,2BA$1.36
Arbors at Honey Creek2x22BR,2BA$0.57
River Valley Apartments2 Bedroom, 2 Bath2BR,2BA$1.11
Center City Apartments2 Bedroom 1 Bath2BR,1BA$1.17
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$0.90
Riverside Apartments2 Bedroom2BR,1BA$1.14
619 S 4th St619 S 4th St1BR,1BA$1.21
Harrison West1 Bedroom1BR,1BA$1.08
Union Pointe1 Bedroom1BR,2BA$0.92

Frequently Asked Questions about Downtown Terre Haute

What type of rentals are currently available in Downtown Terre Haute?

There are currently 67 Apartments for Rent in Downtown Terre Haute, IN with pricing that ranges from $399 to $2,500. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Terre Haute ranging from $595 to $1,800.

What is the current price range for Rental Homes in Downtown Terre Haute?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Terre Haute ranges from $595 to $1,800 with an average monthly rent of $994.

How much are larger Three and Four Bedroom Rentals in Downtown Terre Haute?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Terre Haute range from $549 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $399.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.