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

 

Terre Haute, IN 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 $159,266, lower than the Indiana average of $232,932.

The average cost of rent is $955/mo in Terre Haute, primarily driven by the current value of real estate in the Terre Haute area. In Terre Haute, 42.82% of households rent, and 38.45% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Terre Haute is $4,626 per month. Households that rent pay about 20.65% of their income on rent here. Terre Haute’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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