Cheap Apartments for Rent in Terre Haute, IN from $300 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Explore the Best Cheap Apartments in Terre Haute for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

close
View Me
720 Walnut St
$6751 Bedroom, 1 Bath Home for RentAvailable Now

720 Walnut St

Terre Haute, IN 47807
View Details
close
View Me
Winthrop Court Apartments
from $350Studio to 2 Bedroom Apartments

Winthrop Court Apartments

5601 S Winthrop CtTerre Haute, IN 47802
View Details
close
View Me
1101 S 7th St
$525Studio, 1 Bath Condo for RentAvailable Now

1101 S 7th St

Terre Haute, IN 47802
View Details
close
View Me
17 N 14th
$5851 Bedroom, 1 Bath Condo for RentAvailable Now

17 N 14th

Terre Haute, IN 47807
View Details
close
View Me
Fieldstone Apartments
from $5951 Bedroom Apartments

Fieldstone Apartments

1035 Elm StTerre Haute, IN 47807
View Details
close
View Me
2038 N 4th St
$6502 Bedroom, 1 Bath Home for RentAvailable Now

2038 N 4th St

Terre Haute, IN 47804
View Details
close
View Me
Maryland School Apartments
from $7001 to 2 Bedroom Apartments

Maryland School Apartments

741-831 E Springhill DrTerre Haute, IN 47802
View Details

Terre Haute, IN Local Guide

Cheapest Neighborhoods for Apartments in Terre Haute, IN

Pricing Updated: 01/03/2025

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$1,400$34049

Cheapest Available Terre Haute Apartments for Rent

 

The cheapest available apartment rental in Terre Haute, IN is a Studio unit found at Springhill Apartments priced from $550. 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 ListingModel NameBed/BathPriced From
Springhill ApartmentsEfficiency - 1 PersonStudio,1BA$550
Union Pointe1 Bedroom1BR,2BA$550
Willow CrossingsPhase I - StudioStudio,1BA$655
Highland Terrace Apartments1 Bedroom 1 Bathroom1BR,1BA$675
Historic Walnut SquareTwo Bedroom2BR,1BA$700
The Annex of Terre HauteStudio AStudio,1BA$735

Best Value Apartments for Rent in Terre Haute, IN

As of January 03, 2025 the best value apartment in the Terre Haute area is the $0.94 price per square foot Three Bedroom B Model at Historic Walnut Square in the in the Downtown Terre Haute neighborhood starting from $1,300. The second greatest value Terre Haute apartment is the 2x2 Model at Arbors at Honey Creek starting at $1,022 with a $0.95 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Historic Walnut SquareThree Bedroom B3BR,1.5BA$0.94
Arbors at Honey Creek2x22BR,2BA$0.95
Harrison West2 Bedroom2BR,1BA$0.93
Winston Terrace2BR/1BA2BR,1BA$0.94
University Village Student HousingLoft Apartment1BR,1.5BA$0.97
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.93
2704 E Phylbeck Ave, Unit 12704 E Phylbeck Ave2BR,1BA$1.14
2740 E Phylbeck Ave, Unit 12740 E Phylbeck Ave1BR,1BA$1.13
Union Pointe1 Bedroom1BR,2BA$0.92
1029 S 7th St, Unit 31029 S 7th St1BR,1BA$1.00

Quick 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.

decorative image of people with a giant lease agreement

Terre Haute, IN
Population: 60,753

Ranked #621

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Terre Haute, IN Rentals by Map

View MapTerre Haute, IN Apartments MapView MapTerre Haute, IN Rental Homes Map

Getting Around Terre Haute, IN

Walk Score®

40 / 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 Springhill Apartments listed at $550.

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 $650 at Union Pointe.

What is the most affordable Terre Haute Three Bedroom Apartment?

The best deal on a cheap Terre Haute Three Bedroom Apartment rental is at Springhill Apartments and starts from $925.

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 What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting  article

Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.