
Cheap Homes for Rent in Terre Haute, IN from $500 (28 Rentals)
Search the lowest-cost Homes available for rent right now in Terre Haute.


812 College Ave

1462 Locust St, Unit 1

626 E Curry Dr

2920 N 15 1/2 St

2526 E Dexter Ave, Unit 2526 E DEXTER AVE

2015 Washington Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2826 E Thomas Ave

2044 N 11th St

1244 E Dawn Dr

3198 N 19th St

275 N 18th St

1880 N 6th 1/2 St

2875 S 6th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1818 E Morgan Dr

1465 S 18th St

4705 N Show St

8701 N Raintree Ct

1001 E Voorhees St

1130 N 8th St

1308 S 19th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2336 Sycamore St

2765 Noel Ln

2816 Dean Ave

662 Oak St

3115 N 13th 1/2 St

1419 S 11th 1/2 St

1318 S 11th St
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.
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 | $975 | $650 | $1,595 |
| Terre Haute 3 Bedroom Homes for Rent | $1,140 | $850 | $1,700 |
| Terre Haute 4 Bedroom Homes for Rent | $1,733 | $1,400 | $2,000 |
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: 09/08/2026Current apartment rentals in the Terre Haute, IN area range in price from $425 to $2,500 with an overall median price of $929. 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 | $929 | $425 | 65 |
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. Sycamore Place in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. 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 |
| Sycamore Place | 3 Bedroom 1.5 Bathroom Townhouse Fall 2026 | 3BR,1BA | $549 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| Northwind | The Hickory | 1BR,1BA | $660 |
| 820 Poplar Street | 820 Poplar Street - 12 | 2BR,1BA | $695 |
| Willow Crossings | Phase I - Studio | Studio,1BA | $730 |
| 525 S 6th St | 1 Beds, 1 Baths | 1BR,1BA | $750 |
Best Value Apartments for Rent in Terre Haute, IN
As of September 08, 2026 the best value apartment in the Terre Haute area is the $1.05 price per square foot Barcelona - 2 Model at Cobblestone Crossings Apartments in the starting from $1,523. The second greatest value Terre Haute apartment is the 4 Bed 2 bath Model at The Annex of Terre Haute starting at $425 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 | Barcelona - 2 | 2BR,2BA | $1.05 |
| The Annex of Terre Haute | 4 Bed 2 bath | 4BR,2BA | $0.35 |
| Harrison West | 3 Bedroom | 3BR,2BA | $0.91 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| 1853 Park St, Unit 1/2 | 1853 Park St | 1BR,1BA | $0.58 |
| Springhill Apartments | 2 Bedroom | 2BR,1BA | $1.00 |
| 5 S 5th St, Unit 302 304 | 5 S 5th St | 2BR,1BA | $1.13 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.14 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
| 1322 S 7th St, Unit 1322 s 7th St | 1322 S 7th St | 1BR,1BA | $1.00 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 109 Apartments for Rent in Terre Haute, IN with pricing that ranges from $425 to $2,500. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Terre Haute ranging from $500 to $2,000.
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 $500 to $2,000 with an average monthly rent of $982.
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 $850 to $1,700. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $425.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.