
Cheap Apartments for Rent in the Downtown Terre Haute Neighborhood of Terre Haute, IN from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Terre Haute area of Terre Haute.


Historic Walnut Square

1851 Park St, Unit 1851 1/2 Park St

Arbors at Honey Creek

618 S Center St

1542 South Center Street, Unit 1542
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

32 N 14th St

1130 N 8th St

700 S 8th St

820 Poplar St

426 S 4th St
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1201 S 7th St

1814 S 7th St

2333 N 14th St

702 S 8th St

19 N 12th St

1358 Chestnut St
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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 | $777 | $750 | $870 |
Downtown Terre Haute 1 Bedroom Apartments | $910 | $320 | $1,280 |
Downtown Terre Haute 2 Bedroom Apartments | $1,091 | $519 | $1,700 |
Downtown Terre Haute 3 Bedroom Apartments | $1,590 | $945 | $2,500 |
Downtown Terre Haute 4 Bedroom Apartments | $944 | $465 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Terre Haute Neighborhood of Terre Haute, IN.
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Downtown Terre Haute, Terre Haute, IN Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
The Annex of Terre Haute | Studio C | Studio,1BA | $750 |
Harrison West | 2 Bedroom | 2BR,1BA | $800 |
The Deming | I | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Arbors at Honey Creek | 4x2 | 4BR,2BA | $0.93 |
1542 South Center Street, Unit 1542 | 1542 South Center Street | 2BR,1BA | $0.47 |
1525 South 7th Street, Unit NE | 1525 South 7th Street | 1BR,1.5BA | $0.31 |
1851 Park St, Unit 1851 1/2 Park St | 1851 Park St | 1BR,1BA | $0.56 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Heritage Trail | One Bedroom Apartment | 1BR,1BA | $1.31 |
Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Terre Haute, Terre Haute, IN
Ranked #1
Among neighborhoods in Terre Haute, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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