Cheap Apartments for Rent in Terre Haute, IN from $300 (36 Rentals)

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

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1901 N 9th St
1 to 2 Bedroom Apartments

1901 N 9th St

1901 N 9th StTerre Haute, IN 47804
  • Utilities Included
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8701 N Raintree Ct
1 to 2 Bedroom Apartments

8701 N Raintree Ct

8701 N Raintree CtTerre Haute, IN 47805
  • Utilities Included
property at 2333 N 14th St

2333 N 14th St

Terre HauteIN47804
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3150 N 16th St
1 to 3 Bedroom Apartments

3150 N 16th St

3150 N 16th StTerre Haute, IN 47804
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Terre Haute, IN Local Guide

Cheapest Neighborhoods for Apartments in Terre Haute, IN

Pricing Updated: 04/05/2025

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$2,000$47545

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. Willow Crossings has the second lowest priced unit, which is a Studio apartment currently listed from $639. Here is today’s list of the most affordable Terre Haute apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Pointe1 Bedroom1BR,2BA$550
Willow CrossingsPhase I - StudioStudio,1BA$639
Highland Terrace Apartments1 Bedroom 1 Bathroom1BR,1BA$675
Historic Walnut SquareTwo Bedroom2BR,1BA$700
The DemingA1BR,1BA$719
Winston Terrace1BR/1BA1BR,1BA$725
The Annex of Terre HauteStudio AStudio,1BA$745

Best Value Apartments for Rent in Terre Haute, IN

As of April 05, 2025 the best value apartment in the Terre Haute 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 Terre Haute apartment is the Avalon - 3 Model at Cobblestone Crossings Apartments starting at $1,147 with a $0.92 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.
The Flats of Terre Haute3 Bed Townhome3BR,2.5BA$1.12
Cobblestone Crossings ApartmentsAvalon - 33BR,2BA$0.92
Harrison West3 Bedroom3BR,2BA$0.91
Springhill Apartments3 Bedroom3BR,1.5BA$0.84
1851 Park St, Unit 1851 1/2 Park St1851 Park St1BR,1BA$0.56
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.17
Historic Walnut SquareTwo Bedroom2BR,1BA$0.90
Sycamore Place Apartments2.1 C2BR,1BA$0.80
2776 E Phylbeck Ave, Unit 22776 E Phylbeck Ave1BR,1BA$1.17
Union Pointe1 Bedroom1BR,2BA$0.92

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Best Local Schools in
Terre Haute, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Explore Terre Haute, IN Rentals by Map

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See the most popular apartments and homes in Terre Haute, IN

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Terre Haute Apartments

What is a cheap apartment in Terre Haute?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Terre Haute is under $745.

What is the price of a cheap apartment in Terre Haute?

The cheapest apartment in Terre Haute is Union Pointe which is listed at $550, while the average apartment in Terre Haute costs $2,000.

What types of apartments are the cheapest in Terre Haute?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Terre Haute that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Terre Haute?

Cheap apartments in Terre Haute have an average cost of $510 which is $1,490 cheaper than the average rent for all rentals in Terre Haute.

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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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.

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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.