Zumper
modified
Updated 5+ Days Ago

Highlights

  • Off-street parking
  • Hook-ups for washer & dryer

Location

524 S 5th St, Terre Haute, IN 47807, USA|Farrington's Grove
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Contact

Management

velomanagementllc.managebuilding.com

Leasing office

(844) 262-6982 ext. 8496

Property Overview

524 S 5th St offers strong overall value, with an expert rating of 8 out of 10, a standout location rating of 9, and solid scores for price, amenities, and trustworthiness. It also stands out for off-street parking, washer and dryer hook-ups, and value per square foot that ranks in the 73.33 percentile compared with nearby properties.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 524 S 5th St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 524 S 5th St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Great for

  • Social life

Floor plans

524 S 5th St - 32 bed1 bath975 sqft$1,000 /moLarge 2-bedroom unit just south of downtown and Indiana State University campus. Brand new roof, off-street parking, and washer/dryer hookups in-unit.

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 524 S 5th St

HomeApartments in Terre HauteFarrington's Grove 524 S 5th St

Large 2-bedroom unit just south of downtown and Indiana State University campus. Brand new roof, off-street parking, and washer/dryer hookups in-unit.


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 524 S 5th St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 524 S 5th St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 524 S 5th St
Price·9A 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.
524 S 5th St stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, 524 S 5th St 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.
524 S 5th St 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 524 S 5th St 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.
524 S 5th St 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.

524 S 5th St is great for:

Social life

  • Areas nearby are accessible by walking
  • 64 restaurants within 1 mile of this property
  • Diverse age groups live in this area
  • 13 local event hubs within 1 mile

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 524 S 5th St compares to other nearby properties.

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 3 miles away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Farrington's Grove

2-bedroom apartments at 524 S 5th St cost about 25% more than the average rent price for 2-bedroom apartments in Farrington's Grove.

Median rents as of Aug 29 2026.
Farrington's Grove
Terre Haute
A table of 1-bedroom apartment rental data trends in Terre Haute
MonthMedian Rent
September 2024$691
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$712
April 2026$700
May 2026$735
June 2026$764
July 2026$778
August 2026$750
A table of 1-bedroom apartment rental data trends in Farrington's Grove
MonthMedian Rent
September 2024$650
October 2024$650
November 2024$664
December 2024$650
January 2025$656
February 2025$737
March 2025$765
April 2025$678
May 2025$665
June 2025$644
July 2025$631
September 2025$705
October 2025$751
November 2025$735
December 2025$687
January 2026$671
February 2026$671
March 2026$650
April 2026$675
May 2026$700
June 2026$731
July 2026$728
August 2026$725

Affordability calculator

Can I afford to live at 524 S 5th St?

Bedrooms

2 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

$40,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 2-bedrooms monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.

Schools near 524 S 5th St

Farrington Grove Elementary School

1826 s 6th st

terre haute, IN, 47802

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 524 S 5th St

Neighborhood

Farrington's Grove | Terre Haute, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Terre Haute near 524 S 5th St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 524 S 5th St, Terre Haute

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

5/10
Variety of shops within a short drive

Cafes

4/10
Variety of cafés within a short drive

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

4/10
At least one elementary school within a 20-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Nightlife

8/10
Wide variety of bars within a short drive, including some within walking distance

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