Cheap Homes for Rent in Centerpoint, IN from $500 (13 Rentals)

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property at 1400 Wabash Ave

1400 Wabash Ave

Terre HauteIN47807

Centerpoint, IN Local Guide

Cheapest Available Centerpoint Apartments for Rent and Nearby

 

The cheapest available apartment rental in Centerpoint, IN is a 1 Bed unit found at Union Pointe in the Downtown Terre Haute neighborhood priced from $550. Highland Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Centerpoint apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Pointe1 Bedroom1BR,2BA$550
Highland Terrace Apartments1 Bedroom 1 Bathroom1BR,1BA$675
Historic Walnut SquareTwo Bedroom2BR,1BA$700
The DemingA1BR,1BA$719
Winston Terrace1BR/1BA1BR,1BA$725

Best Value Apartments for Rent in Centerpoint, IN and Nearby

As of April 12, 2025 the best value apartment in the Centerpoint area is the $1.12 price per square foot 3 Bed Townhome Model at The Flats of Terre Haute in the in the Downtown Terre Haute neighborhood starting from $1,850. The second greatest value Centerpoint apartment is the 4x2 Model at Arbors at Honey Creek starting at $1,347 with a $0.93 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Centerpoint apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Flats of Terre Haute3 Bed Townhome3BR,2.5BA$1.12
Arbors at Honey Creek4x24BR,2BA$0.93
Harrison West3 Bedroom3BR,2BA$0.91
The Landings2 Bedroom2BR,1BA$1.09
Woodland Springs2 Bedroom2BR,1BA$1.06
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.85
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.17
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

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Frequently Asked Questions about Centerpoint

What type of rentals are currently available in Centerpoint?

There are currently 39 Apartments for Rent in Centerpoint, IN with pricing that ranges from $475 to $2,622. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Centerpoint ranging from $595 to $3,000.

What is the current price range for Rental Homes in Centerpoint?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Centerpoint ranges from $595 to $3,000 with an average monthly rent of $1,158.

How much are larger Three and Four Bedroom Rentals in Centerpoint?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Centerpoint range from $925 to $2,622, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $475.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.