ZIP Code · IN

ZIP 47807

Part of Terre Haute, IN

Pop. 13,140·Vigo County·135th most expensive ZIP in Indiana

Median rent (all units)

$850/mo

Year-over-Year

+6.5%

Month-over-Month

+0.9%

vs US Median

-$1,082

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 47807 · $850

More affordable than 100% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$653

1 BR

$653

2 BR

$829

3 BR

$990

4 BR+

$1,166

Research median

$829/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 47807 is at its highest level since Zillow's records here began in April 2023.

Past year vs. the rest of Indiana

Rent in ZIP 47807 changed +6.5% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($24,706) is $618 a month. That is less than HUD's Fair Market Rent for a studio ($890).

Rank in Terre Haute

1st cheapest of 3 ZIP codes in Terre Haute.

From Zillow's monthly rent index (ZORI) for ZIP 47807. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$10,200/yr

At $850/mo median

Location

CityTerre Haute

StateIN

CountyVigo County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.5% YoY, +0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 47807 (Terre Haute, IN) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 17.7% of residents hold a bachelor's degree or higher.

Population

13,140

Median income

$24,706

Median age

26.2

Renters

73.5%

Age distribution

17.1%

47.4%

16.4%

Under 1817.1%

18–3447.4%

35–5416.4%

55–649.2%

65+9.9%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

70.4%

15.8%

White70.4%

Black15.8%

Hispanic5.9%

Asian1.1%

Other6.8%

Education (25+)

14.8%

37.8%

29.6%

17.7%

No HS diploma14.8%

HS diploma37.8%

Some college29.6%

Bachelor's+17.7%

Housing tenure

26.5%

73.5%

Owner26.5%

Renter73.5%

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

2023 vs 2026

How ZIP 47807 in Terre Haute, IN has changed in 5 years

Rent

$702 → $850

up 21.1%

Income

$23,495 → $24,706

up 5.2%

Population

12,674 → 13,140

up 3.7%

Renter share

70.1% → 73.5%

+3.4 pts

Bachelor's+

13.8% → 17.7%

+3.9 pts

Median age

25.1 → 26.2

+1.1 yrs

Five years ago, renters in ZIP 47807 in Terre Haute, IN paid around $702 a month. That figure now sits near $850, up 21.1% from the 2023 baseline. On the earnings side, the typical household in ZIP 47807 in Terre Haute, IN now reports about $24,706, up from $23,495 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 47807 in Terre Haute, IN adding about 466 residents over the five-year window, up 3.7% on net. The renter share has risen from 70.1% to 73.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 13.8% to 17.7% across the same window. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 47807 in Terre Haute, IN reflects that arc in its own way.

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About renting in ZIP 47807

Last updated: October 17, 2026

ZIP code 47807 covers Terre Haute, IN. The median rent here is $850/mo as of October 2026. A 1-bedroom rents for a median of $653/mo. A 2-bedroom rents for a median of $829/mo.

At 41% of local median household income ($24,706/yr), ZIP 47807 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 47807?

To keep rent at or below 30% of gross income, you would need to earn at least $34,000/year (about $16/hour full-time) to afford the median rent of $850/mo in ZIP 47807. The local median household income is $24,706/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 47807?

Rent in ZIP 47807 has risen 6.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2023.

How does ZIP 47807 compare to other ZIPs in Indiana?

ZIP 47807 is one of the more affordable among Indiana ZIP codes for rent, ranking #135 of 139 at $850/mo. Over the year to September 2026, rent in ZIP 47807 changed +6.5%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.