Rent to own Homes in Terre Haute, IN

Close Proximity to Air Travel. The nearby Terre Haute International Airport provides national and international travel if you are planning a trip. For smaller, commuter and recreational flying, you can go to the nearby Sky King Airport, just two miles north of Terre Haute's center.

Terre Haute, IN is a great place for affordable rent-to-own homes! With a median household income of over $37,299 and a median rent of $754, the Terre Haute, IN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Terre Haute, IN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Terre Haute, IN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1433 S 9TH ST
Rent To Own
South 13th Street
Single Family Home
Terre Haute, IN 47802
4
2
2888 ft2
1890
418 N 15TH ST
Rent To Own
Liberty Avenue
Single Family Home
Terre Haute, IN 47807
2
1
1202 ft2
1860
1 of 27 2126 COLLEGE AVE
Rent To Own
Devaney
Single Family Home
Terre Haute, IN 47803
4
2
1990 ft2
1931
1 of 33 3679 N SHRINEWOOD ST
Rent To Own
 
Single Family Home
Terre Haute, IN 47805
4
3
2584 ft2
1974
1 of 11 5696 S PARKER ST
Rent To Own
Lakewood
Single Family Home
Terre Haute, IN 47802
4
3
2100 ft2
1991
Hot
1 of 4 205 E COUNTY ROAD 625 N
Rent To Own
 
Single Family Home
Shelburn, IN 47879
3
1
980 ft2
2000
876 N. JIM HAN CIRCLE
Rent To Own
 
Multifamily (2 - 4 Units)
Rockville, IN 47872
2
2
1152 ft2
1969
Hot
205 S STATE ST
Rent To Own
 
Single Family Home
Ridge Farm, IL 61870
5
2
3500 ft2
Hot
1 of 58 42 S COUNTY ROAD 175 W
Rent To Own
 
Single Family Home
Greencastle, IN 46135
3
3
2926 ft2
1979
Hot
1 of 28 202 MILL ST
Rent To Own
 
Single Family Home
Indianola, IL 61850
2
2
1800 ft2
1912
Hot
403 N GRAY ST
Rent To Own
 
Single Family Home
Sidell, IL 61876
2
1
1100 ft2
1900
New
1 of 20 4232 S 11TH ST
Pre-Foreclosure (Lis Pendens)
Maryland
Single Family Home
Terre Haute, IN 47802
2
1
848 ft2
1951
3202 N 16TH ST
REO Foreclosure
Plaza North - Highland
Single Family Home
Terre Haute, IN 47804
3
1
1126 ft2
1928
1 of 23 1533 ELM ST
REO Foreclosure
The Avenues
Single Family Home
Terre Haute, IN 47807
2
2
1416 ft2
1965
1 of 26 452 S 20TH ST
Auction
Devaney
Single Family Home
Terre Haute, IN 47803
4
3
1318 ft2
1953
1 of 4 1541 S 13TH 1/2 ST
REO Foreclosure
South 13th Street
Single Family Home
Terre Haute, IN 47802
4
1
1186 ft2
2002
1330 WOODLEY AVE
Auction
Twelve Points
Townhouse/Condo
Terre Haute, IN 47804
2
3
1938 ft2
1884
Hot
1830 S BROWN AVE
REO Foreclosure
Sugar Grove - Indian Acres
Single Family Home
Terre Haute, IN 47803
1
3
1881 ft2
1962
2004 N 21ST ST
REO Foreclosure
Deming School
Single Family Home
Terre Haute, IN 47804
2
1
1260 ft2
1965
924 S 18TH ST
Auction
South 13th Street
Single Family Home
Terre Haute, IN 47803
2
1
1512 ft2
1916
1 of 12 1020 E SOUTHPORT DR
Auction
 
Single Family Home
Terre Haute, IN 47802
3
1
1413 ft2
1958
1 of 16 214 S MCILROY AVE
Auction
 
Single Family Home
West Terre Haute, IN 47885
2
1
1032 ft2
1905
1 of 31 126 S 22ND ST
Auction
Deming
Single Family Home
Terre Haute, IN 47803
2
2
1142 ft2
1953
1030 N 14TH ST
REO Foreclosure
The Avenues
Single Family Home
Terre Haute, IN 47807
2
1
1488 ft2
1890
2011 N 22ND ST
REO Foreclosure
Deming School
Single Family Home
Terre Haute, IN 47804
3
2
1103 ft2
1920
Hot
2515 S 10TH ST
REO Foreclosure
Soutland - Sarah Scott
Single Family Home
Terre Haute, IN 47802
3
1
1151 ft2
1972
1 of 34 437 S 16TH ST
REO Foreclosure
South 13th Street
Townhouse/Condo
Terre Haute, IN 47807
8
4
5340 ft2
1900
1 of 37 2205 N 11TH ST
Auction
Collett Park
Single Family Home
Terre Haute, IN 47804
3
3
3675 ft2
1903
1 of 8 2145 2ND AVE
REO Foreclosure
The Avenues
Single Family Home
Terre Haute, IN 47807
2
2
1676 ft2
1915
New
1 of 16 926 S 18TH ST
Pre-Foreclosure (Lis Pendens)
South 13th Street
Single Family Home
Terre Haute, IN 47803
3
1
1089 ft2
1914
1806 S 10TH ST
REO Foreclosure
Soutland - Sarah Scott
Single Family Home
Terre Haute, IN 47802
4
2
1624 ft2
1916
1 of 22 1107 S 17TH ST
Auction
South 13th Street
Single Family Home
Terre Haute, IN 47802
3
2
2896 ft2
1879
1914 N 10TH ST
REO Foreclosure
Collett Park
Single Family Home
Terre Haute, IN 47804
2
1
1052 ft2
1904
New
827 S CENTER ST
Pre-Foreclosure (Lis Pendens)
Farrington's Grove
Single Family Home
Terre Haute, IN 47807
1
1
1013 ft2
1949
1 of 26 2442 S 8TH ST
Auction
Soutland - Sarah Scott
Single Family Home
Terre Haute, IN 47802
2
2
1016 ft2
1922
New
615 N 42ND ST
Pre-Foreclosure (Lis Pendens)
Edgebrook
Single Family Home
Terre Haute, IN 47803
2
1
672 ft2
1968
1 of 17 1236 S 4TH ST
Pre-Foreclosure (Lis Pendens)
Farrington's Grove
Townhouse/Condo
Terre Haute, IN 47802
2
2
2320 ft2
1890
New
3006 N 11TH ST
Pre-Foreclosure (Lis Pendens)
Plaza North - Highland
Single Family Home
Terre Haute, IN 47804
2
1
985 ft2
1920
New
2939 FORT HARRISON RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Terre Haute, IN 47804
2
1
925 ft2
1900
New
2105 N 20TH ST
Pre-Foreclosure (Lis Pendens)
Deming School
Single Family Home
Terre Haute, IN 47804
3
1
2790 ft2
1914
New
2016 DEMING ST
Pre-Foreclosure (Lis Pendens)
Devaney
Single Family Home
Terre Haute, IN 47803
2
1
941 ft2
1910
New
1806 S 4TH ST
Pre-Foreclosure (Lis Pendens)
Soutland - Sarah Scott
Single Family Home
Terre Haute, IN 47802
2
1
936 ft2
1908
New
137 N 36TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Terre Haute, IN 47803
2
2
1375 ft2
1940
1530 2ND AVE
Pre-Foreclosure (Lis Pendens)
The Avenues
Single Family Home
Terre Haute, IN 47807
3
1
1392 ft2
1880
Map
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Buying a Home in Terre Haute, IN

Terre Haute, IN is seeing rapid growth and Terre Haute, IN's' housing market remains optimal with an average home price that is -61% below the 2024 national average. Terre Haute, IN is part of Vigo county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Vigo is 0.97% which is below the national average, which is 0.99%.

Median Home Price in Terre Haute, IN

Median Rent in Terre Haute, IN

Rent to own homes offer low monthly payments and flexible terms.

Top 14 Reasons to Live in Terre Haute

Alternative Public Transportation. If you are traveling a shorter distance or right within the Terre Haute city limits, you can take the buses at the Terre Haute Transit Utility. The average commuting time is only 16.8 minutes. Alternatively, you can check out the buses at Miller Trailways, which takes regular trips to local metro areas.

Great Residential Communities. There are some tremendous rent to own houses in the Terre Haute region. Along 13th Street, there are numerous houses for sale and for rent for those looking for rent to own homes. Alternatively, you can check out the Poplar district, which runs perpendicular and through the town's center. Renting here will only cost you an average of $534 a month!

Diverse Suburban Communities. Houses around the Landing, where a local golf course is located, are fantastic for those looking to buy or looking to rent to own. The Hulman Links region of Terre Haute is another great place to look for fantastic real estate in sleepy suburbs. It's best to act quickly, since the median home value sit at $74,825.

Parks and Recreation. The city has great amenities, including numerous parks. Deming Park and Dobbs Park are two of the most notable and fantastic places to spend a slow afternoon in the city. Not only can you enjoy some fresh air here, you can also enjoy the 5.07% annual appreciation rate if you're looking to buy a home!

Rental Options in the Vicinity. If you are looking for rentals, you can find many communities to rent in since the vacancy rate is a roomy 15.15%. The Springhill Apartments and the Heritage Trail Apartments are two nice, local communities to look at when you are moving to the area.

Central Location for Big-City Living. If you are looking for a living situation that is closer to the center of town, then the Village Quarter and the Garden Quarter are two of the regions that you should check into, as they are great for those who like a big-city atmosphere.

Arts in the Community. If you are a lover of the arts, you will find some great places to check out in Terre Haute. The Swope Art Museum is one of the best places to check out some of the local art. You can also find some more contemporary and notable art at the Halcyon Contemporary Art Gallery.

Performing Arts Centers. If you like the theater and the performing arts, you can find those types of places as well. The Community Theater has regular shows, sometimes on a weekly basis. You can also enjoy the Crossroads Repertory Theater for traveling shows that come to the area.

Fine Local Dining. M Moggers Restaurant and Pub is one of the favorite local pubs in the city limits of Terre Haute with classic bar-and-grill foods and beverages. For a more eclectic choice of worldly foods, you can go to Gerhardt's Bierstube Restaurant, which serves authentic German food.

Surprising Nightlife. If you like spending the nights out and on the town, you can go to the Verve, a local nightclub with excellent music and drinks. For a more country-style clubbing experience, you can check out the Club Coyote.

Cultural Activities. Check out the Oakley Observatory, where you can go to learn about space. Alternatively, you can check out the local Emeline Fairbanks Memorial Library, which features many activities all year round.

Great Rural Land and Homes for Sale. In 2012, over 67% of homes in Terre Haute were owner-occupied. If you are looking for great land and homes that are on the outlying area of Terre Haute, you will find some great and affordable homes along Fort Harrison, an outlying region. Additionally, you can check out the eastern area for Hawthorn and Maple, a region near a park and a lake.