Cheap Apartments for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $300 (21 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 32 N 14th St

32 N 14th St

Terre HauteIN47807
property at 820 Poplar St

820 Poplar St

Terre HauteIN47807

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property at 2333 N 14th St

2333 N 14th St

Terre HauteIN47804

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Downtown Terre Haute, Terre Haute, IN Local Guide

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 2 Beds unit found at Historic Walnut Square priced from $417. Union Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Downtown Terre Haute apartments for rent in Terre Haute, IN:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Union Pointe1 Bedroom1BR,2BA$550
The Annex of Terre HauteStudio CStudio,1BA$750
Harrison West2 Bedroom2BR,1BA$800
The DemingI1BR,1BA$809

Best Value Apartments for Rent in Downtown Terre Haute, IN

As of May 19, 2025 the best value apartment in the Downtown 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 Downtown Terre Haute apartment is the 1542 South Center Street Model at 1542 South Center Street, Unit 1542 starting at $625 with a $0.47 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Arbors at Honey Creek4x24BR,2BA$0.93
1542 South Center Street, Unit 15421542 South Center Street2BR,1BA$0.47
1525 South 7th Street, Unit NE1525 South 7th Street1BR,1.5BA$0.31
1851 Park St, Unit 1851 1/2 Park St1851 Park St1BR,1BA$0.56
Harrison West2 Bedroom2BR,1BA$0.93
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Heritage TrailOne Bedroom Apartment1BR,1BA$1.31
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Terre Haute, Terre Haute, IN

Ranked #1

Among neighborhoods in Terre Haute, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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 $835.

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 $1,500.

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 31 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 $471 which is $1,029 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.

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