Rents are 4% below what Terre Haute's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $993 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Terre Haute usually run 1% below trend in December and 0.8% above it in September, about $18 a month apart at today's median. Based on 5 years of data.
Rent in Terre Haute is 0% below its high of $993 in July 2026, at $993 as of September 2026.
Rent in Terre Haute changed +3.0% over the year to September 2026. Across the 49 Indiana cities Zillow tracks, the typical change was +4.5%.
Rent rose in 9 of the last 12 months.
30% of the median household income ($43,126) is $1,078 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,023); a 3-bedroom is $1,233.
The priciest of 3 ZIP codes in Terre Haute, 47803 ($1,394/mo), costs 1.6 times the cheapest, 47807 ($850/mo).
From Zillow's monthly rent index (ZORI) for Terre Haute. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Terre Haute, IN has changed in 5 years
Compared with 2021, rent in Terre Haute, IN has climbed by $293 per month, settling near $993 after starting the period at $700. 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 30.6 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.
Discussions about Terre Haute
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Can you afford rent in Terre Haute on your salary?
At $993/mo, how Terre Haute rent compares to typical pay (30% rule).
Terre Haute rent by bedroom count
Median rent for each apartment size in Terre Haute. Click any size for full breakdown.
Tips for renters in Terre Haute
Last updated: October 17, 2026
The median rent in Terre Haute is $993/mo as of October 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 3.0% over the past year.
Frequently asked questions
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How does Terre Haute rent compare to other cities in Indiana?
Which nearby cities are cheaper to rent in than Terre Haute?
At $993/mo, rent takes ~28% of Terre Haute's median household income ($43,126/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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