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ZIP Code · IN

ZIP 47807

Pop. 13,140·Vigo County·140th most expensive ZIP in Indiana
Median rent (all units)
$867/mo
Year-over-Year
+14.7%
Month-over-Month
+1.9%
vs US Median
-$1,098
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 47807 · $867
More affordable than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$666
1 BR
$666
2 BR
$845
3 BR
$1,010
4 BR+
$1,189
Research median
$845/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: July 20, 2026

Annual cost
$10,404/yr
At $867/mo median
Location
StateIN
CountyVigo County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 14.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+14.7% YoY, +1.9% 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

2021 vs 2026

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

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

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. 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.

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Local insights

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About renting in ZIP 47807

Last updated: July 20, 2026

ZIP code 47807 covers Terre Haute, IN. The median rent here is $867/mo as of July 2026. A 1-bedroom rents for a median of $666/mo. A 2-bedroom rents for a median of $845/mo.

At 42% of local median household income ($24,706/yr), ZIP 47807 ranks as moderate compared to the national benchmark of 30%. Rents have increased 14.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 47807?

As of July 20, 2026, the median monthly rent in ZIP 47807 (Terre Haute, IN) is $867. This is based on aggregated data from public sources and community submissions.

How does ZIP 47807 rent compare to the US average?

ZIP 47807's median rent of $867/mo is $1,098 (56%) below the US national median of $1,965/mo.

How does ZIP 47807 compare to other ZIPs in Indiana?

ZIP 47807 is among the more affordable ZIP codes in Indiana, ranking #140 out of 144 ZIPs at $867/mo.

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 $35,000/year (~$17/hour full-time) to afford the median rent of $867/mo in ZIP 47807. The local median household income is $24,706/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 47807?

Rent in ZIP 47807 has increased 14.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 47807 an affordable place to rent?

ZIP 47807 is considered stretched for renters. At $867/mo, rent takes approximately 42% of the local median household income ($24,706/yr). The standard benchmark is 30%. ZIP 47807 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 47807 residents rent vs. own?

According to Census data, approximately 73.5% of ZIP 47807 households are renters, while 26.5% are owner-occupied. With a majority renter population, ZIP 47807 has a strong rental market.

How does ZIP 47807 compare to the rest of Terre Haute?

ZIP 47807 is more affordable than Terre Haute overall. At $867/mo, it's $128 below the Terre Haute citywide median of $995/mo.

When was rent data for ZIP 47807 last updated?

Rent data for ZIP 47807 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $867/mo, rent takes ~42% of ZIP 47807's median household income ($24,706/yr). The standard benchmark is 30%.

ZIP 47807 42%Benchmark 30%
State income tax3.05%
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