
Cheap Homes for Rent in Downtown Terre Haute Neighborhood of Terre Haute, IN from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Terre Haute area of Terre Haute.


100 Gilbert Ave

2012 N 4th 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.

1362 Chestnut St

1709 Crawford St

1880 N 6th 1/2 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.

711 N 25th 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 | $849 | $595 | $1,095 |
| Downtown Terre Haute 3 Bedroom Homes for Rent | $1,014 | $900 | $1,195 |
| Downtown Terre Haute 4 Bedroom Homes for Rent | $1,516 | $1,150 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Anthony Square Senior Apartments priced from $525. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anthony Square Senior Apartments | 1 BR, 1 BA | 1BR,1BA | $525 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| The Annex of Terre Haute | Studio A | Studio,1BA | $725 |
Best Value Apartments for Rent in Downtown Terre Haute, IN
As of March 09, 2026 the best value apartment in the Downtown Terre Haute area is the $0.64 price per square foot 509 S 5th St Model at 509 S 5th St, Unit 509 .5 S. 5th St. in the in the Downtown Terre Haute neighborhood starting from $795. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 509 S 5th St, Unit 509 .5 S. 5th St. | 509 S 5th St | 2BR,1BA | $0.64 |
| Riverfront | Layout 20 (East/Track View) | 2BR,2BA | $1.33 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.94 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
| Heritage Trail | One Bedroom Apartment | 1BR,1BA | $1.41 |
| Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
| Anthony Square Senior Apartments | 2 BR, 1 BA | 2BR,1BA | $1.14 |
| The Annex of Terre Haute | Studio B | Studio ,1BA | $1.68 |
| The Deming | A | 1BR,1BA | $2.31 |
Frequently Asked Questions about Downtown Terre Haute
What type of rentals are currently available in Downtown Terre Haute?
There are currently 59 Apartments for Rent in Downtown Terre Haute, IN with pricing that ranges from $430 to $2,000. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Terre Haute ranging from $500 to $2,000.
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 $500 to $2,000 with an average monthly rent of $1,054.
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 $1,000 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,195. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $430.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.