What HUD offices serve Terre Haute, Indiana?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Terre Haute.
How many renters live in Terre Haute, Indiana?
The City of Terre Haute has 58,599 people living in 23,088 households.
There are 22,819 renters living in 10,844 renter households in this City. Renters make up 38.94 percent of the population living in Terre Haute.
What is the rental market like in Terre Haute, Indiana?
There are an estimated 26,252 housing units in the Terre Haute area. Of these, 11,829 units are rental homes, making up 45 percent of the housing market. For every renter household in Terre Haute, Indiana, there are 1 rental units.
What is the vacancy rate for rentals in Terre Haute?
The rental vacancy rate in Terre Haute is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Terre Haute for each bedroom size?
Occupied Rental Units by Size in Terre Haute
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1,339 | 2,539 | 4,114 | 2,109 | 574 |
Occupied Rental Units by Size in Terre Haute
A large number of apartments in Terre Haute have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Terre Haute are overburdened by housing costs?
Among renter households in this market, 57 percent have housing cost burden. Further, 29 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Terre Haute
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $741 to $1,398. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $741 |
| One BR | $766 |
| Two BR | $964 |
| Three BR | $1,166 |
| Four BR | $1,398 |
2024 Fair Market Rents in Terre Haute, Indiana
How many units are rented at Fair Market Rent (FMR) in Terre Haute?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 772 | 58 percent |
| One BR | 1,581 | 62 percent |
| Two BR | 2,364 | 57 percent |
Rental Units Below FMR in Terre Haute, Indiana
How many affordable rental units are in Terre Haute?
There are a variety of federal affordable housing programs serving households in Terre Haute, Indiana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 523 |
| Public Housing | 857 |
| Section 8 Project-Based Rental Assistance | 331 |
| Section 202 Supportive Housing for the Elderly | 51 |
Tracked Units by Federal Program in Terre Haute, Indiana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Terre Haute, Indiana
Terre Haute features 1,266 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Terre Haute, Indiana
There are 589 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Terre Haute.
Housing Choice Vouchers in Terre Haute, Indiana
On average, Section 8 Housing Choice vouchers pay Terre Haute landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Terre Haute.
The maximum amount a voucher would pay on behalf of a low-income tenant in Terre Haute, Indiana for a two-bedroom apartment is between $868 and $1,060.
Sourced from federal housing data and AffordableHousingOnline.com research.
