Cheap Homes for Rent in Downtown Terre Haute Neighborhood of Terre Haute, IN from $500 (36 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 700 S 8th St

$550 - $695

Studio To 1 Bedroom Rentals

Available Now

700 S 8th St

Terre HauteIN47807

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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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.

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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.

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property at 611 Ohio St

$900

2 Bedroom Rentals

Available Now

611 Ohio St

Terre HauteIN47807

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.

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Showing Results 1-36, 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 DemingA1BR,1BA$909
Arbors at Honey Creek4x24BR,2BA$1,063
Heritage TrailTwo Bedroom Apartment2BR,2BA$1,240
RiverfrontLayout 21 (Courtyard View)2BR,2BA$1,420
The Flats of Terre Haute3 Bed Townhome3BR,2BA$2,000

Best Value Apartments for Rent in Downtown Terre Haute, IN

As of December 28, 2025 the best value apartment in the Downtown Terre Haute area is the $1.22 price per square foot 3 Bed Townhome Model at The Flats of Terre Haute in the in the Downtown Terre Haute neighborhood starting from $2,000. The second greatest value Downtown Terre Haute apartment is the 3x2 Model at Arbors at Honey Creek starting at $1,170 with a $0.89 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 Flats of Terre Haute3 Bed Townhome3BR,2.5BA$1.22
Arbors at Honey Creek3x23BR,2BA$0.89
Heritage TrailThree Bedroom Apartments3BR,2BA$1.34
RiverfrontLayout 20 (East/Track View)2BR,2BA$1.33
1525 South 7th Street, Unit NE1525 South 7th Street1BR,1.5BA$0.31
Center City ApartmentsCity Center 52BR,1BA$1.22
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.94
Riverside Apartments2 Bedroom2BR,1BA$1.07
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 64 Apartments for Rent in Downtown Terre Haute, IN with pricing that ranges from $320 to $2,500. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Terre Haute ranging from $204 to $2,200.

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 $2,200 with an average monthly rent of $981.

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 $1,995. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $533.

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

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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.

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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.

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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!