ZIP Code · IN

ZIP 47803

Part of Terre Haute, IN

Pop. 21,746·Vigo County·58th most expensive ZIP in Indiana

Median rent (all units)

$1,394/mo

Year-over-Year

-3.1%

Month-over-Month

-0.5%

vs US Median

-$538

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 47803 · $1,394

More affordable than 80% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$900

1 BR

$910

2 BR

$1,150

3 BR

$1,380

4 BR+

$1,610

Research median

$1,150/mo

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

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 47803 is 3.6% below its high of $1,446 in February 2026, at $1,394 as of September 2026.

Past year vs. the rest of Indiana

Rent in ZIP 47803 changed -3.1% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.

Recent direction

Rent has fallen 3 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($60,565) is $1,514 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,380); a 4-bedroom is $1,610.

Rank in Terre Haute

3rd cheapest of 3 ZIP codes in Terre Haute.

Cheaper nearby

ZIP 47807, 5 miles away, rents for 39% less ($850/mo), about $6,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 47803. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,728/yr

At $1,394/mo median

Location

CityTerre Haute

StateIN

CountyVigo County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 3.1% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-3.1% YoY, -0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 47803 (Terre Haute, IN) is majority owner-occupied, has a median income below the national average, 37.5% of residents hold a bachelor's degree or higher.

Population

21,746

Median income

$60,565

Median age

Renters

30.9%

Age distribution

20.5%

28.3%

22.1%

18.5%

Under 1820.5%

18–3428.3%

35–5422.1%

55–6410.5%

65+18.5%

Gender

50.2%

49.8%

Male50.2%

Female49.8%

Race & ethnicity

87.7%

White87.7%

Black2%

Hispanic2.3%

Asian4.5%

Other3.4%

Education (25+)

25.9%

31.6%

37.5%

No HS diploma5.1%

HS diploma25.9%

Some college31.6%

Bachelor's+37.5%

Housing tenure

69.1%

30.9%

Owner69.1%

Renter30.9%

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

2023 vs 2026

How ZIP 47803 in Terre Haute, IN has changed in 5 years

Rent

$1,225 → $1,394

up 13.8%

Income

$55,211 → $60,565

up 9.7%

Population

21,068 → 21,746

up 3.2%

Renter share

30.2% → 30.9%

+0.7 pts

Bachelor's+

36.8% → 37.5%

+0.7 pts

Median age

36.9 → 36

-0.9 yrs

Since 2023, the typical rent in ZIP 47803 in Terre Haute, IN has increased from $1,225 to $1,394, a 13.8% change over five years. On the earnings side, the typical household in ZIP 47803 in Terre Haute, IN now reports about $60,565, up from $55,211 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.2% since 2021, moving from about 21,068 residents to roughly 21,746. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 47803 in Terre Haute, IN reflects that arc in its own way.

Community

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About renting in ZIP 47803

Last updated: October 17, 2026

ZIP code 47803 covers Terre Haute, IN. The median rent here is $1,394/mo as of October 2026. A 1-bedroom rents for a median of $910/mo. A 2-bedroom rents for a median of $1,150/mo.

At 28% of local median household income ($60,565/yr), ZIP 47803 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 47803?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,394/mo in ZIP 47803. The local median household income is $60,565/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 47803?

Rent in ZIP 47803 has fallen 3.1% over the past year as of September 2026. It sits 3.6% below its high of $1,446 in February 2026.

How does ZIP 47803 compare to other ZIPs in Indiana?

ZIP 47803 is in the middle among Indiana ZIP codes for rent, ranking #58 of 139 at $1,394/mo. Over the year to September 2026, rent in ZIP 47803 changed -3.1%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.