Cheap Homes for Rent in Clay City, IN from $500 (14 Rentals)

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Clay City, IN Local Guide

Cheapest Available Clay City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clay City, IN is a 1 Bed unit found at Union Pointe in the Downtown Terre Haute neighborhood priced from $550. Historic Walnut Square in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Clay City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Pointe1 Bedroom1BR,2BA$550
Historic Walnut SquareTwo Bedroom2BR,1BA$700
Winston Terrace1BR/1BA1BR,1BA$725
The Annex of Terre HauteStudio AStudio,1BA$745
Highland Terrace2 Bed 1 Bath2BR,1BA$775

Best Value Apartments for Rent in Clay City, IN and Nearby

As of April 18, 2025 the best value apartment in the Clay City 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 Clay City 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 Clay City 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
Highland Terrace2 Bed 1 Bath2BR,1BA$1.13
Woodland Springs2 Bedroom2BR,1BA$1.06
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
The Village Quarter2 Bed 1 Bath2BR,1BA$1.16
Historic Walnut SquareTwo Bedroom2BR,1BA$0.85
Union Pointe1 Bedroom1BR,2BA$0.92

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Frequently Asked Questions about Clay City

What type of rentals are currently available in Clay City?

There are currently 38 Apartments for Rent in Clay City, IN with pricing that ranges from $475 to $2,622. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clay City ranging from $528 to $3,600.

What is the current price range for Rental Homes in Clay City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Clay City ranges from $528 to $3,600 with an average monthly rent of $1,537.

How much are larger Three and Four Bedroom Rentals in Clay City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Clay City 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 $1,300 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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.