The Most Affordable Neighborhoods in Terre Haute, IL by Home Value

 

Terre Haute, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Terre Haute area can be challenging. Home prices in Terre Haute are now at a median cost of $76,919, lower than the Illinois average of $242,002.

The average cost of rent is $643/mo in Terre Haute, primarily driven by the current value of real estate in the Terre Haute area. While nearly 54.20% of residents own their homes outright in Terre Haute, 21.66% rent.

Housing affordability isn’t just about home prices, though. The average household income in Terre Haute is $4,325 per month. Households that rent pay about 14.88% of their income on rent here. Terre Haute's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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