Rentometer, Inc. | Data as of 10/22/2025
Terre Haute’s metro rental market offers a diverse mix of apartments and single‑family homes that appeal to students, professionals, and families alike. Studio apartments are typically in the $700s, while one‑bedroom units hover around the $950 range, making them a popular choice for Indiana State University students and downtown workers. Two‑bedroom apartments often fall in the $1,100 range, and larger three‑bedroom units can reach the $1,400 range, providing spacious options for growing households. The city’s historic downtown, the vibrant Riverfront District, and nearby neighborhoods such as Deming and West Terre Haute each contribute unique lifestyle amenities, from cultural events to river‑front parks, enhancing the appeal of local rentals.
Houses in Terre Haute also present a range of affordable choices. Studio homes average near $900, and one‑bedroom houses are generally priced around $700, offering cost‑effective alternatives for renters seeking more privacy. Two‑bedroom homes tend to be priced near $1,000, three‑bedroom properties around $1,300, and four‑plus home rentals can climb into the $1,800 range, reflecting the variety of family‑friendly options available across the metro area. Proximity to major employers, the Wabash River, and convenient transportation corridors further supports a stable rental environment, positioning Terre Haute as a welcoming community for a wide array of renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $705 | $725 | $500 - $870 | $675 - $800 |
| Apartment | 1 Bedroom | $949 | $950 | $528 - $1,478 | $775 - $1,100 |
| Apartment | 2 Bedroom | $1,129 | $1,042 | $519 - $1,879 | $800 - $1,460 |
| Apartment | 3 Bedroom | $1,402 | $1,415 | $460 - $2,236 | $1,100 - $1,734 |
| Apartment | 4+ Bedroom | $1,202 | $1,347 | $425 - $2,510 | $475 - $1,575 |
| House | Studio | $931 | $800 | $595 - $1,400 | $595 - $1,400 |
| House | 1 Bedroom | $724 | $700 | $585 - $1,000 | $625 - $800 |
| House | 2 Bedroom | $1,012 | $975 | $695 - $3,000 | $875 - $1,095 |
| House | 3 Bedroom | $1,356 | $1,200 | $600 - $3,700 | $1,075 - $1,500 |
| House | 4+ Bedroom | $1,831 | $1,695 | $1,200 - $3,000 | $1,449 - $2,250 |
In the current period, the average rent in Terre Haute, IN was $767 for Studio, $900 for 1 Bedroom, $1,064 for 2 Bedroom, $1,372 for 3 Bedroom, and $1,606 for 4+ Bedroom.
Data provided by Rentometer, Inc.