Rentometer, Inc. | Data as of 10/23/2025
Terre Haute, Indiana, blends Midwestern charm with vibrant cultural and educational hubs, making it a sought‑after destination for renters. The city’s historic downtown district, the bustling Riverfront Plaza, and the proximity to Indiana State University create a lively atmosphere that appeals to students, young professionals, and families alike. Neighborhoods such as Deming Park, West Terre Haute, and the revitalized Southside offer a mix of tree‑lined streets, boutique shops, and easy access to major thoroughfares, enhancing the overall quality of life for residents.
The rental market provides a diverse array of housing options. Apartment seekers can find studio and one‑bedroom units typically priced in the $800‑$970 range, while two‑ and three‑bedroom apartments hover around $1,100‑$1,300. Larger apartments and single‑family homes with four or more bedrooms approach the $1,500 mark, reflecting the availability of spacious living for growing families. Houses across the city present competitive rates, with one‑bedroom homes near the $700 level and three‑bedroom properties around $1,200, offering attractive alternatives to apartment living.
Terre Haute’s rental landscape benefits from a balanced supply of affordable and upscale options, supporting a stable demand driven by local employers, educational institutions, and cultural attractions. Residents enjoy convenient amenities such as nearby parks, dining corridors, and recreational facilities, while easy commutes to major interstates keep the city well‑connected. Whether you’re a student searching for a modest studio, a professional seeking a modern apartment, or a family looking for a welcoming house, Terre Haute’s rental market delivers a welcoming environment with diverse choices to suit a variety of lifestyles.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $811 | $800 | $775 - $870 | $800 - $870 |
Apartment | 1 Bedroom | $967 | $980 | $528 - $1,478 | $800 - $1,100 |
Apartment | 2 Bedroom | $1,138 | $1,110 | $519 - $1,866 | $795 - $1,460 |
Apartment | 3 Bedroom | $1,378 | $1,300 | $460 - $2,236 | $1,000 - $1,965 |
Apartment | 4+ Bedroom | $662 | $475 | $425 - $1,347 | $475 - $590 |
House | 1 Bedroom | $723 | $687 | $585 - $1,000 | $650 - $800 |
House | 2 Bedroom | $1,006 | $962 | $695 - $3,000 | $850 - $1,095 |
House | 3 Bedroom | $1,339 | $1,200 | $600 - $3,700 | $1,075 - $1,400 |
House | 4+ Bedroom | $1,649 | $1,500 | $1,200 - $3,000 | $1,350 - $1,800 |
In the current period, the average rent in Terre Haute was $809 for Studio, $901 for 1 Bedroom, $1,055 for 2 Bedroom, $1,348 for 3 Bedroom, and $1,401 for 4+ Bedroom.
Data provided by Rentometer, Inc.