Highland Terrace Apartments
4301 S 6th St,
Terre Haute, IN 47802
1-2 Beds | $675 - $980
Rental Market Trends in Terre Haute, IN
What is the average rent in Terre Haute, IN?
$897/month
Average Rent
654 Sq Ft
Average Apartment Size
+2.7%
Increase in the Last Year
As of January 2025, the average rent in Terre Haute, IN is $897 per month. This is 42% lower than the national average rent of $1,553/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 $548 per month for a studio, $897 for a one-bedroom apartment, and around $1,044 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,339 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 increased by 2.7%, which averages out to $25 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Terre Haute, IN
Last Updated January 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
22%
Below $700/month
44%
$700 - $1,000/month
33%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Terre Haute?
Based on current rent prices, Downtown Terre Haute is the most affordable neighborhood in Terre Haute.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Terre Haute?
Based on current rent prices, Downtown Terre Haute is the most expensive neighborhood in Terre Haute.
Neighborhood
Average Rent
Average Sq Ft
Which Terre Haute neighborhoods have the most rentals available?
The neighborhood in Terre Haute with the most apartments available is Downtown Terre Haute .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Terre Haute, IN?
Because the average rent in Terre Haute is $897, you’ll want to make about $2,990 per month or $35,880 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.
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.
Studio
-
-
One Bedroom
$865/month
$865/month
Two Bedroom
$996/month
$996/month
Three Bedroom
$1,238/month
$1,238/month
Apartment communities in Terre Haute we think you'll love
Property Management Companies in Terre Haute, IN
Monarch Investment and Management Group
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306
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74,903
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140
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3 Communities in Terre Haute
PRE/3
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1 Community in Terre Haute
The Michaels Organization
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86
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13,892
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Carter-Haston
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57
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Buckingham Companies
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33
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10,148
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21
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1 Community in Terre Haute
The Annex Group
-
15
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1,916
Units
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15
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1 Community in Terre Haute
M2 Property Group
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18
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4,293
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12
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Granite Student Living
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33
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Methodology
† 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.
* Percentages may not total 100 due to rounding.