Low Income Apartments and Affordable Housing For Rent in Terre Haute, IN

Discover affordable housing in Terre Haute where there are 46+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Garfield Towers

2200 Garfield Ave, Terre Haute, Indiana 47804

payment Subsidized

Mcmillan Square

461 2nd Ave, Terre Haute, Indiana 47807

payment Subsidized

Lockport

1801 S 12th St, Terre Haute, Indiana 47802

payment Subsidized
accessibility Accessible

Margaret Ave - 1

331 W Wheeler Ave, Terre Haute, Indiana 47802

payment Subsidized

Dreiser Square - 2

1001 S 3rd St, Terre Haute, Indiana 47802

payment Subsidized

Community Younity Housing Project

506 N 15th St, Terre Haute, Indiana 47807

How To Identify Affordable Housing in Terre Haute, Indiana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Sep 16
Open Until Further Notice
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Reported On March 15th, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Terre Haute, Indiana
$18.26/hour
$11.01 (+152%) more than Indiana minimum wage and $11.01 (+152%) more than the Federal minimum wage.
Learn More About Terre Haute, Indiana Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Terre Haute, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Terre Haute, Indiana.

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 people living in households.

There are renters living in 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 housing units in the Terre Haute area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Terre Haute, Indiana, there are 1.09 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 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
Public Housing
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
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.

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