
Cheap Apartments for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Terre Haute area of Terre Haute.


335 S 16th St

Arbors at Honey Creek

1333 S 10th St

1729 N 8th St

1712 Woodlawn Ave

831 S 8th St

Historic Walnut Square

833 S 8th St

1621 S 9th St

418 S 7th St

122 S 12th St

2333 N 14th St

512 S 5th St

1034 N 7th St

1034 N 8th St

1201 S 7th St

704 S Center St

1029 N 7th St

420 S 7th St

2436 Tippecanoe St

1814 S 7th St

2122 1st Ave

5 Blakely Ave
Downtown Terre Haute, Terre Haute, IN Local Guide

How much does it cost to rent an apartment in Downtown Terre Haute?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Terre Haute Studio Apartments | $751 | $600 | $870 |
Downtown Terre Haute 1 Bedroom Apartments | $900 | $500 | $1,270 |
Downtown Terre Haute 2 Bedroom Apartments | $1,102 | $519 | $1,700 |
Downtown Terre Haute 3 Bedroom Apartments | $1,603 | $945 | $2,500 |
Downtown Terre Haute 4 Bedroom Apartments | $765 | $475 | $1,347 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Downtown Terre Haute Neighborhood of Terre Haute, IN.
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Cheapest Available Downtown Terre Haute Apartments for Rent
 The cheapest available apartment rental in the Downtown Terre Haute area of Terre Haute, IN is a 1 Bed unit found at Union Pointe priced from $550. Historic Walnut Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here are the most affordable Downtown Terre Haute apartments for rent in Terre Haute, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $700 |
The Deming | A | 1BR,1BA | $719 |
The Annex of Terre Haute | Studio A | Studio,1BA | $745 |
University Village Student Housing | Studio | Studio,1BA | $870 |
Harrison West | 3 Bedroom | 3BR,2BA | $1,000 |
Heritage Trail | One Bedroom Apartment | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Downtown Terre Haute, IN
As of April 04, 2025 the best value apartment in the Downtown 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 Downtown Terre Haute apartment is the Three Bedroom Apartments Model at Heritage Trail starting at $1,650 with a $1.34 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Downtown Terre Haute apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Flats of Terre Haute | 3 Bed Townhome | 3BR,2.5BA | $1.12 |
Heritage Trail | Three Bedroom Apartments | 3BR,2BA | $1.34 |
Harrison West | 3 Bedroom | 3BR,2BA | $0.91 |
1851 Park St, Unit 1851 1/2 Park St | 1851 Park St | 1BR,1BA | $0.56 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.90 |
Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
The Annex of Terre Haute | Studio B | Studio ,1BA | $1.54 |
1216 Wabash Ave | 1216 Wabash Ave | 1BR,1BA | $1.31 |
The Deming | B | 1BR,1BA | $1.89 |
Getting Around the Downtown Terre Haute Neighborhood in Terre Haute, IN
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
24 / 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 Downtown Terre Haute Apartments
What is a cheap apartment in Downtown Terre Haute?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Terre Haute is under $1,050.
What is the price of a cheap apartment in Downtown Terre Haute?
The cheapest apartment in Downtown Terre Haute is Union Pointe which is listed at $550, while the average apartment in Downtown Terre Haute costs $2,000.
What types of apartments are the cheapest in Downtown 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 Downtown 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 Downtown Terre Haute?
Cheap apartments in Downtown Terre Haute have an average cost of $503 which is $1,497 cheaper than the average rent for all rentals in Downtown 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.

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.

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.

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.

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.