Cheap Homes for Rent in Butler-Tarkington Neighborhood of Indianapolis, IN from $600 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Butler-Tarkington area of Indianapolis.

Butler-Tarkington

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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property at 413 W 40th St

413 W 40th St

IndianapolisIN46208

Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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Butler-Tarkington, Indianapolis, IN Local Guide

Cheapest Available Butler-Tarkington Apartments for Rent

 

The cheapest available apartment rental in the Butler-Tarkington area of Indianapolis, IN is a Studio unit found at Meridian Towers priced from $629. Oxmoor Indy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Butler-Tarkington apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Meridian TowersStudio ApartmentStudio,1BA$629
Oxmoor Indy1BR/1.0BA1BR,1BA$699
Maple CourtStudioStudio,1BA$725
The Pines at SoBroOne Bedrooms1BR,1BA$784
Broad Ripple TrailsSTUD-SStudio,1BA$839

Best Value Apartments for Rent in Butler-Tarkington, IN

As of April 06, 2025 the best value apartment in the Butler-Tarkington area is the $0.85 price per square foot 314 Bernard Ave Model at 314 Bernard Ave in the in the Cheswick Place neighborhood starting from $1,695. The second greatest value Butler-Tarkington apartment is the AUB3RENO Model at Aura Apartments starting at $1,450 with a $1.19 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Butler-Tarkington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
314 Bernard Ave314 Bernard Ave2BR,1.5BA$0.85
Aura ApartmentsAUB3RENO2BR,2BA$1.19
Everly at Meridian HillsIris2BR,1BA$1.15
Highland Pointe ApartmentsBoulder Townhome W/D2BR,1.5BA$1.29
Edison at Meridian Hills2 Bedroom 1 Bath2BR,1BA$1.43
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
Woods at Oak CrossingTwo Bedroom 1 Bath with Garage (Downstairs)2BR,1BA$1.56
The Pines at SoBroOne Bedrooms1BR,1BA$1.10
Oxmoor Indy1BR/1.0BA1BR,1BA$1.00
Maple CourtStudioStudio ,1BA$1.32

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Frequently Asked Questions about Butler-Tarkington

What type of rentals are currently available in Butler-Tarkington?

There are currently 173 Apartments for Rent in Butler-Tarkington, IN with pricing that ranges from $629 to $4,160. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Butler-Tarkington ranging from $695 to $4,250.

What is the current price range for Rental Homes in Butler-Tarkington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Butler-Tarkington ranges from $695 to $4,250 with an average monthly rent of $1,901.

How much are larger Three and Four Bedroom Rentals in Butler-Tarkington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Butler-Tarkington range from $1,000 to $4,160, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $2,400.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.