3 Days Ago
Location
622 Elm St, Terre Haute, IN 47807, USA|Indiana State University
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Property Overview
University Village Apartment Building achieves an impressive Zumper Expert Rating of 8, underscoring its appeal to renters, while its outstanding price rating of 9 reflects a strong balance of price and value. With a commendable location rating of 9, residents benefit from excellent access to key amenities and transportation, complemented by an amenities rating of 8 that highlights its premier offerings. Additionally, the property is recognized in the 100th percentile for value per square foot, reinforcing its competitive advantage in the market.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
Great for
Social life
Floor plans
| $815/month | Studio | 1 bath | 465 sqft | $815 /mo | 1 unit available | ||
| $960/Month | 1 bed | 1 bath | 565 sqft | $960 /mo | 1 unit available |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 24 |
|---|
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About University Village Apartment Building
University Village Apartment Building cost $815–$960 per month. Located at 622 Elm St, Terre Haute, IN 47807, USA, University Village Apartment Building has studio — 1 bedroom units available. Based on the average rent price of 1 bedroom in Terre Haute, renting an apartment at University Village Apartment Building is 32% more expensive per month.Other apartment buildings in or around Terre Haute include but are not limited to: 503 E Voorhees St, 710 N 7th St
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, University Village Apartment Building is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, University Village Apartment Building has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
University Village Apartment Building offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, University Village Apartment Building is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
University Village Apartment Building is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While University Village Apartment Building does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
University Village Apartment Building provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
University Village Apartment Building is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How University Village Apartment Building compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- More space
- Studio is 100 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Indiana State University
1-bedroom apartments here are priced 11% lower than 1-bedrooms in Indiana State University.
Median rents as of Mar 14 2026.
Indiana State University
Terre Haute
| Month | Median Rent |
|---|---|
| March 2024 | $695 |
| April 2024 | $697 |
| May 2024 | $695 |
| June 2024 | $717 |
| July 2024 | $762 |
| August 2024 | $748 |
| September 2024 | $693 |
| October 2024 | $725 |
| November 2024 | $741 |
| December 2024 | $771 |
| January 2025 | $786 |
| February 2025 | $781 |
| March 2025 | $780 |
| April 2025 | $725 |
| May 2025 | $716 |
| June 2025 | $747 |
| July 2025 | $772 |
| August 2025 | $773 |
| September 2025 | $727 |
| October 2025 | $730 |
| November 2025 | $738 |
| December 2025 | $704 |
| January 2026 | $714 |
| February 2026 | $716 |
| March 2026 | $725 |
| Month | Median Rent |
|---|---|
| March 2025 | $954 |
| April 2025 | $960 |
| May 2025 | $960 |
| June 2025 | $955 |
| July 2025 | $950 |
| August 2025 | $817 |
| September 2025 | $785 |
| November 2025 | $1,110 |
| December 2025 | $1,103 |
| January 2026 | $1,079 |
| February 2026 | $1,077 |
| March 2026 | $1,078 |
Affordability calculator
Can I afford to live at 622 Elm St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$32,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,600 annually to afford this studio monthly rent price of $815.
For more information on rent affordability, visit our rent calculator.
Schools near University Village Apartment Building
Ouabache Elementary School
501 maple ave
terre haute, IN, 47804
PK, K-5Public
C
Vigo Virtual School Academy
3707 s 7th
terre haute, IN, 47802
K-12Public
C-
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Internet available near University Village Apartment Building
Getting around Terre Haute near 622 Elm St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 622 Elm St, Terre Haute
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within walking distance
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