Apartments in 47807

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1309 N 6 1/2 St Terre Haute, IN
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How much does it cost to rent an apartment in 47807?

47807 apartments
Bed Type Average Rent Range
Studio $430 $280 - $740
1BR $930 $600 - $1,130
2BR $1,270 $630 - $1,580
3BR $950 $900 - $1,970
4+BR $1,400 $1,400 - $1,400
Find an Apartment in 47807
Looking for apartments for rent in the 47807 zip code of Terre Haute, IN? Rentable currently has 81 units available for rent in this area. The average rent in 47807 is approximately $1,020, with studio units starting at around $280.

If you're searching for apartments near 47807, Rentable offers a variety of listings to suit your needs. Take a look at our apartments in the 47807 zip code and find the perfect place to call home in Terre Haute, IN.

Terre Haute:
November Rent Report

Welcome to the November 2024 Terre Haute Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Terre Haute rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Terre Haute and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Terre Haute average rent prices in the chart below.

Monthly Rent Report

$1,100
$830
$550
$280
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Terre Haute Rent Prices Increase From October to November

Terre Haute rent prices increased over the last month. From October to November, the city experienced a 2.34% increase for the price of a one-bedroom apartment. The rent price for a Terre Haute one-bedroom apartments currently stands at $873.0.

When we take a look at the two-bedroom comparison from October to November, Terre Haute experienced a -0.7% decrease for the price of a two-bedroom apartment. The rent price for a Terre Haute two-bedroom apartments currently stands at $999.0.

November Prices: Terre Haute vs. Surrounding Areas

Terre Haute, IN
$853
$0
$300
$600
$900
$1,200
Median 1 BR Rent

Rent Prices in Terre Haute and Surrounding Areas

Rent prices have increased in Terre Haute over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Terre Haute suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Terre Haute suburbs

  • Rents did not decrease in any of the Terre Haute suburbs.

November 2024 Pricing Trends: Terre Haute vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Terre Haute, IN
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$853
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Terre Haute Rent Prices More Affordable Than Major Cities

Rent growth in Terre Haute over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Terre Haute average rent prices appear to be relatively affordable for local residents.

The price for a Terre Haute one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Terre Haute and surrounding area rent prices, take a look at the complete data set below.

Data set for Terre Haute and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Terre Haute, IN $853.0 1.55% $1,006.0 0.60%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.