Salem vs Terre Haute
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Terre Haute is 68% cheaper for renters. A 2-bedroom rents for $676/mo vs $1,137/mo in Salem — saving $5,532/year.
Rent by Unit Size
| Unit Size | Salem | Terre Haute | Difference |
|---|---|---|---|
| Studio | $741 | $419 | $322 |
| 1 Bedroom | $913 | $537 | $376 |
| 2 Bedrooms | $1,137 | $676 | $461 |
| 3 Bedrooms | $1,411 | $806 | $605 |
| 4 Bedrooms | $1,615 | $964 | $651 |
| Median Income | $53,953 | $40,500 | $13,453 |
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Terre Haute
- Studio
- $419/mo
- 1 BR
- $537/mo
- 2 BR
- $676/mo
- 3 BR
- $806/mo
- 4 BR
- $964/mo
- Median Income
- $40,500/yr
Frequently Asked Questions
Is Salem or Terre Haute cheaper to rent in?
Terre Haute is cheaper — a 2-bedroom Fair Market Rent is $676/mo vs $1,137/mo in Salem. That's $461/mo or $5,532/year more expensive in Salem (68% higher).
What is the 2-bedroom rent in Salem vs Terre Haute?
The HUD Fair Market Rent for a 2-bedroom in Salem is $1,137/month. In Terre Haute, a 2-bedroom FMR is $676/month.
How do incomes compare between Salem and Terre Haute?
The median household income in Salem is $53,953/year. In Terre Haute it is $40,500/year. Salem has the higher median income.
What is the studio rent in Salem vs Terre Haute?
A studio apartment Fair Market Rent in Salem is $741/mo. In Terre Haute it is $419/mo.