How much does it cost to rent in Terre Haute, IN?

As of July 2026, the median monthly rent in Terre Haute, IN is $995. This figure is based on aggregated data from public sources and community-submitted rents.

Is Terre Haute cheaper than other Indiana cities?

Terre Haute is among the more affordable cities in Indiana, ranking #58 out of 65 cities at $995/mo.

When was Terre Haute rent data last updated?

Terre Haute rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · IN

Terre Haute

Name: Average Rent Prices in Terre Haute, IN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 58,427·58th most expensive in Indiana·One of the most affordable rental markets in the US

Median rent (all units)

$995/mo

Year-over-Year

+3.9%

Month-over-Month

+1.9%

vs US Median

-$970

Rising (Monthly)

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Most AffordableMost Expensive

Terre Haute · $995

More affordable than 98% of US cities · National median $1,965/mo

Rent Reality Score

55/100

Fairly priced

OverheatedFairGreat value

Rents are 3% below what Terre Haute's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$995/mo

Expected by trend

$1,021/mo

The Rent Reality Score compares today's median rent to where Terre Haute's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$803

1 BR

$810

2 BR

$1,023

3 BR

$1,233

4 BR+

$1,430

Research median

$1,023/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$11,940/yr

At $995/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 3.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+3.9% YoY, +1.9% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Terre Haute, IN is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 24.6% of residents hold a bachelor's degree or higher.

Population

58,427

Median income

$43,126

Median age

32.9

Renters

47.8%

Age distribution

19.5%

33.2%

22%

15.8%

Under 1819.5%

18–3433.2%

35–5422%

55–649.5%

65+15.8%

Gender

51.1%

48.9%

Male51.1%

Female48.9%

Race & ethnicity

79.9%

White79.9%

Black8.7%

Hispanic4.4%

Asian2.1%

Other5%

Education (25+)

34.4%

30%

24.6%

No HS diploma11.1%

HS diploma34.4%

Some college30%

Bachelor's+24.6%

Housing tenure

52.2%

47.8%

Owner52.2%

Renter47.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Terre Haute, IN has changed in 5 years

Rent

$692 → $995

up 43.8%

Income

$38,750 → $43,126

up 11.3%

Population

58,450 → 58,427

up 0.0%

Renter share

46.3% → 47.8%

+1.5 pts

Bachelor's+

22.8% → 24.6%

+1.8 pts

Compared with 2021, rent in Terre Haute, IN has climbed by $303 per month, settling near $995 after starting the period at $692. Household income in the area moved from $38,750 to $43,126 across the same window, up 11.3% versus 2021. Rent outpaced income growth by roughly 32.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 47.8% of households rent today, against 46.3% in 2021. Reading these numbers side by side helps frame whether current listings in Terre Haute, IN look reasonable against where the market sat half a decade ago.

Community

Discussions about Terre Haute

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View Terre Haute rent history (2015–2026) →

Salary vs rent

Can you afford rent in Terre Haute on your salary?

At $995/mo, how Terre Haute rent compares to typical pay (30% rule).

Registered Nurse

Avg $86,922/yr · Rent = 13.7% income

very comfortable

Elementary School Teacher

Avg $61,714/yr · Rent = 19.3% income

very comfortable

Police Officer

Avg $71,088/yr · Rent = 16.8% income

very comfortable

Software Developer

Avg $127,061/yr · Rent = 9.4% income

very comfortable

Lawyer

Avg $162,352/yr · Rent = 7.4% income

very comfortable

Firefighter

Avg $57,785/yr · Rent = 20.7% income

affordable

Truck Driver

Avg $52,173/yr · Rent = 22.9% income

affordable

Electrician

Avg $64,308/yr · Rent = 18.6% income

very comfortable

By apartment size

Terre Haute rent by bedroom count

Median rent for each apartment size in Terre Haute. Click any size for full breakdown.

Local insights

Tips for renters in Terre Haute

About renting in Terre Haute, IN

Last updated: July 20, 2026

The median rent in Terre Haute is $995/mo as of July 2026. A studio apartment averages $803/mo while a 2-bedroom runs $1,023/mo. One-bedroom apartments average $810/mo and 3-bedroom units go for $1,233/mo.

At 28% of local median household income ($43,126/yr), Terre Haute ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

Is Terre Haute an affordable city for renters?

Terre Haute is considered affordable for renters. At $995/mo, rent takes approximately 28% of the local median household income ($43,126/yr). The standard benchmark is 30%. Terre Haute falls comfortably within that range.

How much income do you need to rent in Terre Haute?

To keep rent at or below 30% of gross income, you would need to earn at least $40,000/year (~$19/hour full-time) to afford the median rent of $995/mo in Terre Haute. The local median household income is $43,126/yr, meaning the typical Terre Haute household meets that threshold.

Is rent going up or down in Terre Haute?

Rent in Terre Haute has increased 3.9% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Terre Haute neighborhoods have the lowest rent?

The most affordable ZIP codes in Terre Haute are 47807 ($867/mo), 47802 ($924/mo), and 47803 ($1,288/mo). Citywide, the median rent in Terre Haute is $995/mo.

How does Terre Haute rent compare to other cities in Indiana?

Terre Haute is one of the more affordable cities in Indiana for rent, ranking #58 out of 65 tracked cities at $995/mo.

Which nearby cities are cheaper to rent in than Terre Haute?

Several nearby cities have lower median rents than Terre Haute ($995/mo): Danville ($867/mo), Crawfordsville ($954/mo).

What percentage of Terre Haute residents rent vs. own?

According to Census data, approximately 47.8% of Terre Haute households are renters, while 52.2% are owner-occupied. Terre Haute leans toward homeownership, which can mean a smaller rental inventory.

How does Terre Haute rent compare to the national average?

Terre Haute's median rent of $995/mo is $970 (49%) below the US national median of $1,965/mo. Within Indiana, it ranks #58 out of 65 tracked cities.

Income Affordability

28%

AFFORDABLE

At $995/mo, rent takes ~28% of Terre Haute's median household income ($43,126/yr). The standard benchmark is 30%.

Terre Haute 28%Benchmark 30%

State income tax3.05%

Run the Terre Haute affordability calculator →

Nearby cities