
Cheap Homes for Rent in Terre Haute, IN from $600 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Terre Haute.


2015 Washington Ave

1362 Chestnut St

57 S 19th St

626 E Curry Dr

1880 N 6th 1/2 St

1268 E Dawn Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

8701 N Raintree Ct

1850 N 6th 1/2 St

1725 N 30th St

731 S 7th St

2034 N 21st St

676 Delaware Ave

567 Farrington 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.

3771 E Park Ave

2403 Locust St

1029 S 17th St

563 Farrington St

3115 N 13th 1/2 St

1037 S 6th St

1400 Wabash Ave
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.

2440 S 11th St

430 2nd Ave
Terre Haute, IN Local Guide

How much does it cost to rent a home in Terre Haute?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terre Haute 2 Bedroom Homes for Rent | $1,057 | $650 | $2,750 |
| Terre Haute 3 Bedroom Homes for Rent | $1,352 | $1,000 | $1,595 |
| Terre Haute 4 Bedroom Homes for Rent | $1,597 | $1,395 | $1,800 |
| Terre Haute 5 Bedroom Homes for Rent | $1,631 | $1,395 | $1,800 |
Browse Top Homes for Rent in Terre Haute
Explore Terre Haute
Terre Haute, IN Local Guide
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Cheapest Neighborhoods for Apartments in Terre Haute, IN
Pricing Updated: 06/09/2026Current apartment rentals in the Terre Haute, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Terre Haute Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Terre Haute | $2,000 | $395 | 54 |
Cheapest Available Terre Haute Apartments for Rent
 The cheapest available apartment rental in Terre Haute, IN is a 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Terre Haute apartments for rent:
| 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 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| The Annex of Terre Haute | Studio C | Studio,1BA | $680 |
| 525 S 6th St | 1 Beds, 1 Baths | 1BR,1BA | $750 |
Best Value Apartments for Rent in Terre Haute, IN
As of June 09, 2026 the best value apartment in the Terre Haute area is the $0.93 price per square foot Cambria.3 Model at Cobblestone Crossings Apartments in the starting from $1,696. The second greatest value Terre Haute apartment is the 1525 South 7th Street Model at 1525 South 7th Street, Unit SE starting at $395 with a $0.35 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Terre Haute apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cobblestone Crossings Apartments | Cambria.3 | 3BR,2BA | $0.93 |
| 1525 South 7th Street, Unit SE | 1525 South 7th Street | 1BR,1.5BA | $0.35 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| Northwind | The Maple | 2BR,2BA | $0.82 |
| Winston Terrace | 2BR/1BA | 2BR,1BA | $0.94 |
| THE GROVE AT FARRINGTON | 2 Bed 1 Bath | 2BR,1BA | $0.90 |
| Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.02 |
| Anthony Square Carriage Homes | 1 Beds, 1 Baths | 1BR,1BA | $1.14 |
| Sycamore Place | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Terre Haute, IN
Terre Haute South Vigo High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Terre Haute, IN Rentals by Map
See the most popular apartments and homes in Terre Haute, IN
Frequently Asked Questions about Terre Haute
What type of rentals are currently available in Terre Haute?
There are currently 90 Apartments for Rent in Terre Haute, IN with pricing that ranges from $395 to $2,500. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Terre Haute ranging from $650 to $2,750.
What is the current price range for Rental Homes in Terre Haute?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Terre Haute ranges from $650 to $2,750 with an average monthly rent of $1,196.
How much are larger Three and Four Bedroom Rentals in Terre Haute?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Terre Haute range from $549 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,595. Four Bedroom Single-Family rentals are also available starting from $1,395 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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.