Cheap Homes for Rent in Downtown Terre Haute Neighborhood of Terre Haute, IN from $500 (41 Rentals)

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

property at 1601 Ohio St

1601 Ohio St

Terre HauteIN47807
Showing Results 1-41, 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 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 ListingModel NameBed/BathPriced From
Union Pointe1 Bedroom1BR,2BA$550
Riverside Apartments2 Bedroom2BR,1BA$750
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$785
Center City ApartmentsCity Center 21BR,1BA$800
The DemingI1BR,1BA$859
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$1,034
Heritage TrailOne Bedroom Apartment1BR,1BA$1,130
RiverfrontLayout 21 (Courtyard View)2BR,2BA$1,420

Best Value Apartments for Rent in Downtown Terre Haute, IN

As of November 13, 2025 the best value apartment in the Downtown Terre Haute area is the $0.65 price per square foot 1242 S 5th St Model at 1242 S 5th St, Unit 1242 half in the in the Downtown Terre Haute neighborhood starting from $725. 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.
1242 S 5th St, Unit 1242 half1242 S 5th St3BR,1BA$0.65
RiverfrontLayout 20 (East/Track View)2BR,2BA$1.33
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$1.11
Center City ApartmentsCity Center 52BR,1BA$1.22
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.94
Heritage TrailOne Bedroom Apartment1BR,1BA$1.41
Riverside Apartments2 Bedroom2BR,1BA$1.07
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92
1521 South Center Street, Unit Apt 41521 South Center Street1BR,1BA$1.38

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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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Frequently Asked Questions about Downtown Terre Haute

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

There are currently 63 Apartments for Rent in Downtown Terre Haute, IN with pricing that ranges from $495 to $2,500. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Terre Haute ranging from $550 to $3,000.

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 $550 to $3,000 with an average monthly rent of $933.

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 $725 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 $1,000 and Four Bedroom Apartments start at $604.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.