Terre Haute:
July Rent Report

Welcome to the July 2019 Terre Haute Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the July 2019 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 rent prices in the chart below.

Monthly Rent Report

Terre Haute Rent Prices Decreased From June to July

Terre Haute rent prices increased over the last month. From June to July, the city experienced a 1.63% increase for the price of a one-bedroom apartment. The rent price for a Terre Haute one-bedroom apartments currently stands at $561.

When we take a look at the two-bedroom comparison from June to July, Terre Haute experienced a -3.53% decrease for the price of a two-bedroom apartment. The rent price for a Terre Haute two-bedroom apartments currently stands at $710.

July Prices: Terre Haute vs. Surrounding Areas

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.

July 2019 Pricing Trends: Terre Haute vs. National Comparisons

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 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.

You can view the full rundown of ABODO's July 2019 National Apartment Report and data set here.

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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Terre Haute, IN $492 6.73% $700 -0.43%

Methodology

Each month, using over 1 million ABODO 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.