
Cheap Homes for Rent in Downtown Terre Haute Neighborhood of Terre Haute, IN from $500 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Terre Haute area of Terre Haute.


1101 S 7th St

700 S 8th St

100 Gilbert Ave

46 S 19th St

2117 Cleveland Ave

2044 N 11th St
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.

1231 S 10th St

512 S 5th St

1034 N 7th St

600 S 4th St

916 Kussner St

1103 N 8th St

1709 Crawford 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.

2607 S 8th St

432 2nd Ave

610 S 5th St

506 S 18th St

659 N 25th St

2400 N 10th St

2147 Deming 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.

1004 S 9th St

1520 S 18th St

702 S 8th St

2266-2262 Warren St

1030 N 14th St

2040 N 4th St

1445 5th Ave
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.

1021 S 18th St

611 Ohio St
Downtown Terre Haute, Terre Haute, IN Local Guide

How much does it cost to rent a home in Downtown Terre Haute?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Terre Haute 2 Bedroom Homes for Rent | $966 | $600 | $1,500 |
| Downtown Terre Haute 3 Bedroom Homes for Rent | $1,196 | $750 | $1,895 |
| Downtown Terre Haute 4 Bedroom Homes for Rent | $1,533 | $1,100 | $2,185 |
| Downtown Terre Haute 5 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
| Downtown Terre Haute 7 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Downtown Terre Haute Neighborhood of Terre Haute, IN.
Explore 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 Union Pointe priced from $550. Riverside Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Downtown Terre Haute apartments for rent in Terre Haute, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $750 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $785 |
| Center City Apartments | City Center 2 | 1BR,1BA | $800 |
| The Deming | A | 1BR,1BA | $929 |
| Arbors at Honey Creek | 4x2 | 4BR,2BA | $1,063 |
| Heritage Trail | Two Bedroom Apartment | 2BR,2BA | $1,240 |
| Riverfront | Layout 21 (Courtyard View) | 2BR,2BA | $1,420 |
Best Value Apartments for Rent in Downtown Terre Haute, IN
As of January 07, 2026 the best value apartment in the Downtown Terre Haute area is the $0.89 price per square foot 3x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,170. The second greatest value Downtown Terre Haute apartment is the Three Bedroom Apartments Model at Heritage Trail starting at $1,650 with a $1.34 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. |
|---|---|---|---|
| Arbors at Honey Creek | 3x2 | 3BR,2BA | $0.89 |
| Heritage Trail | Three Bedroom Apartments | 3BR,2BA | $1.34 |
| Riverfront | Layout 20 (East/Track View) | 2BR,2BA | $1.33 |
| 1525 South 7th Street, Unit NE | 1525 South 7th Street | 1BR,1.5BA | $0.31 |
| Center City Apartments | City Center 5 | 2BR,1BA | $1.22 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
| 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 |
| University Village Student Housing | 1 bd Standard | 1BR,1BA | $1.90 |
Frequently Asked Questions about Downtown Terre Haute
What type of rentals are currently available in Downtown Terre Haute?
There are currently 61 Apartments for Rent in Downtown Terre Haute, IN with pricing that ranges from $320 to $2,500. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Terre Haute ranging from $204 to $2,185.
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 $204 to $2,185 with an average monthly rent of $1,105.
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 $785 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,895. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $567.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!