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Rental Market Trends in Terre Haute, IN

What is the average rent in Terre Haute, IN?

$905/month

Average Rent

653 Sq Ft

Average Apartment Size

-0%

Decrease in the Last Year

As of March 2026, the average rent in Terre Haute, IN is $905 per month. This is 44% lower than the national average rent of $1,627/month, making renting in Terre Haute more affordable than most cities in the US. When you rent an apartment in Terre Haute, you can expect to pay about $711 per month for a studio, $905 for a one-bedroom apartment, and around $1,099 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,440 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$711/month
449 Sq Ft
One Bedroom
$905/month
653 Sq Ft
Two Bedroom
$1,099/month
879 Sq Ft
Three Bedroom
$1,440/month
1,409 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$995/month
713 Sq Ft
Three Bedroom
$1,169/month
890 Sq Ft
Four Bedroom
$1,819/month
1,761 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$808/month
221 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Terre Haute, IN?

In the past year, rent has decreased by 0%, which averages out to $0 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Terre Haute, IN
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Terre Haute, IN
Percentage*
Rent Range
22% Below $700/month
44% $700 - $1,000/month
30% $1,001 - $1,500/month
4% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Terre Haute?

Based on current rent prices, Downtown Terre Haute, Garden Quarter and Maryland are the most affordable neighborhoods in Terre Haute.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Terre Haute
$791/month
624 Sq Ft
Garden Quarter
$799/month
546 Sq Ft
Maryland
$801/month
550 Sq Ft
International Village
$801/month
550 Sq Ft
Villages of Cobblestone
$882/month
654 Sq Ft
Sycamore Terrace
$1,319/month
958 Sq Ft

What are the most expensive neighborhoods in Terre Haute?

Based on current rent prices, Sycamore Terrace, Villages of Cobblestone and Maryland are the most expensive neighborhoods in Terre Haute.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sycamore Terrace
$1,319/month
958 Sq Ft
Villages of Cobblestone
$882/month
654 Sq Ft
Maryland
$801/month
550 Sq Ft
International Village
$801/month
550 Sq Ft
Garden Quarter
$799/month
546 Sq Ft
Downtown Terre Haute
$791/month
624 Sq Ft

Which Terre Haute neighborhoods have the most rentals available?

The neighborhoods in Terre Haute with the most apartments available are Villages of Cobblestone, Maryland and International Village .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Villages of Cobblestone
$882/month
654 Sq Ft
Maryland
$801/month
550 Sq Ft
International Village
$801/month
550 Sq Ft
Downtown Terre Haute
$791/month
624 Sq Ft
Garden Quarter
$799/month
546 Sq Ft
Sycamore Terrace
$1,319/month
958 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Terre Haute, IN?

Because the average rent in Terre Haute is $905, you’ll want to make about $3,016 per month or $36,192 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Terre Haute, IN is 4.9% lower than the national average. Generally, housing in Terre Haute is 23.1% less expensive than the national average, with rent falling between $711 - $1,440. You can expect to pay 1.7% less for groceries, 7.1% more for utilities, and 3.4% more for transportation.

City

Terre Haute, IN

372 Available Apartments for Rent

Search for Nearby Apartments

How does Terre Haute, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Terre Haute, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Downtown Terre Haute

Terre Haute, IN

Sycamore Terrace

Terre Haute, IN

Studio
-
-
One Bedroom
$821/month
-
Two Bedroom
$938/month
-
Three Bedroom
$1,381/month
-
Search
Search

Apartment communities in Terre Haute we think you'll love

Riverfront

Riverfront

1 Sycamore St,
Terre Haute, IN 47807

$1,420 - $1,875

2-3 Beds

ANTHONY SQUARE SENIOR LIVING

ANTHONY SQUARE SENIOR LIVING

500 College Ave,
Terre Haute, IN 47802

$785 - $835

2 Beds

Heritage Trail

Heritage Trail

4201 Locust St,
Terre Haute, IN 47803

$1,130 - $1,815

1-3 Beds

The Village

The Village

4301 S 6th St,
Terre Haute, IN 47802

$725 - $950

1-2 Beds

Property Management Companies in Terre Haute, IN

Monarch Investment and Management Group
Monarch Investment and Management Group
  • 315

    Communities

  • 76,967

    Units

  • 144

    Cities

3 Communities in Terre Haute
PRE/3
PRE/3
  • 184

    Communities

  • 14,461

    Units

  • 118

    Cities

1 Community in Terre Haute
The Michaels Organization
The Michaels Organization
  • 81

    Communities

  • 12,868

    Units

  • 66

    Cities

1 Community in Terre Haute
Carter-Haston
Carter-Haston
  • 53

    Communities

  • 15,108

    Units

  • 36

    Cities

1 Community in Terre Haute
Buckingham Companies
Buckingham Companies
  • 36

    Communities

  • 10,656

    Units

  • 21

    Cities

1 Community in Terre Haute
The Annex Group
The Annex Group
  • 21

    Communities

  • 3,069

    Units

  • 20

    Cities

1 Community in Terre Haute
Herron Property Management
Herron Property Management
  • 18

    Communities

  • 2,464

    Units

  • 15

    Cities

1 Community in Terre Haute
Responsive Asset Management
Responsive Asset Management
  • 16

    Communities

  • 999

    Units

  • 9

    Cities

1 Community in Terre Haute

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United States Indiana Terre Haute Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity