Cheap Apartments for Rent in Terre Haute, IN from $300 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Terre Haute.

property at 32 N 14th St

32 N 14th St

Terre HauteIN47807

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Terre Haute, IN Local Guide

Cheapest Neighborhoods for Apartments in Terre Haute, IN

Pricing Updated: 04/26/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Terre Haute$3,600$57537

Cheapest Available Terre Haute Apartments for Rent

 

The cheapest available apartment rental in Terre Haute, IN is a 1 Bed unit found at Union Pointe in the Downtown Terre Haute neighborhood priced from $550. Highland Terrace 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 Terre Haute apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Pointe1 Bedroom1BR,2BA$550
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Historic Walnut SquareTwo Bedroom2BR,1BA$700
Winston Terrace1BR/1BA1BR,1BA$725
The DemingI1BR,1BA$769

Best Value Apartments for Rent in Terre Haute, IN

As of April 26, 2025 the best value apartment in the Terre Haute area is the $0.93 price per square foot 4x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,347. The second greatest value Terre Haute apartment is the 2 Bedroom Townhome Model at Trails Edge starting at $1,315 with a $0.99 price per square foot . Here is today’s list of the best values for Terre Haute apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbors at Honey Creek4x24BR,2BA$0.93
Trails Edge2 Bedroom Townhome2BR,1.5BA$0.99
1542 South Center Street, Unit 1542.51542 South Center Street2BR,1BA$0.48
1525 South 7th Street, Unit NE1525 South 7th Street1BR,1.5BA$0.31
Harrison West2 Bedroom2BR,1BA$0.93
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
Willow CrossingsPhase I - Luxury 1 Bed 1 Bath1BR,1BA$1.10
Union Pointe1 Bedroom1BR,2BA$0.92

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Location, Location, Location!

Explore Terre Haute, IN Rentals by Map

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Getting Around Terre Haute, IN

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

13 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Terre Haute Apartments

What is the Cheapest Studio apartment in Terre Haute?

Currently the most affordable Cheap Studio Apartment in Terre Haute is at University Village Student Housing listed at $870.

How much is rent for a Cheap One Bedroom Terre Haute Apartment?

The lowest price for a Cheap One Bedroom Terre Haute Apartment is $550 at Union Pointe.

What is the lowest price for a Cheap Two Bedroom Terre Haute Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Terre Haute is starting from $700 at Historic Walnut Square.

What is the most affordable Terre Haute Three Bedroom Apartment?

The best deal on a cheap Terre Haute Three Bedroom Apartment rental is at Harrison West and starts from $1,000.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.