
Cheap Apartments for Rent in Butler, IN from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Butler.


Total Monthly Price
Montrose Square

Emerald Pointe (55+ Senior Community)

Shoaff Park Villas

Drake Terrace III

Fountain Lake Apartment Homes

Golfview Apartments

Winthrop Terrace - Bryan
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Wallen Hills Apartments

Wood Creek Apartments

Stone Pointe Village

Crosswait Estates Apartments

Deerfield Village

Nelson Estates Apartments

West Commons

Windsor Oaks
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Island Club

Steeplechase at Parkview

Dupont Lakes Apartments

Total Monthly Price
Terrace Place Apartments

Homestead Village Fort Wayne - Active Living 55+

Reserve at Dawson's Creek

Avalon at Northbrook Apartments and Townhomes

Camden Park
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

BONTERRA APARTMENTS

OAK CROSSING

Arcadia Apartments

Union Club Apartments

Total Monthly Price
Bluestone Community

Evard Place - Solar Powered

340 N Wayne St

Northcrest Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

515 1/2 N State St

1214 Garden St

202 N Jackson St

1000 Old Brick Rd

Griswold Estates Apartments

1030 Wayne St

41 North Senior Living

7045 Thamesford Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

7819 Stellhorn Rd

4353 N County Rd
Butler, IN Local Guide

How much does it cost to rent an apartment in Butler?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Butler Studio Apartments | $999 | $600 | $1,454 |
| Butler 1 Bedroom Apartments | $1,249 | $625 | $1,950 |
| Butler 2 Bedroom Apartments | $1,491 | $741 | $2,426 |
| Butler 3 Bedroom Apartments | $1,908 | $776 | $2,500 |
| Butler 4 Bedroom Apartments | $2,560 | $2,560 | $2,560 |
Browse Top Apartments in Butler
See all Apartments in ButlerExplore Butler
Butler, IN Local Guide
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Cheapest Available Butler Apartments for Rent and Nearby
 The cheapest available apartment rental in Butler, IN is a 2 Beds unit found at Drake Terrace III priced from $741. Fountain Lake Apartment Homes in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here is today’s list of the most affordable Butler apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| Fountain Lake Apartment Homes | Trevi | Studio,1BA | $780 |
| Wallen Hills Apartments | Ivywood | Studio,1BA | $833 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $919 |
| Deerfield Village | One Bedroom | 1BR,1BA | $1,050 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1,069 |
| West Commons | The Cove | Studio,1BA | $1,099 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,109 |
| Windsor Oaks | The Cedar | 1BR,1BA | $1,150 |
| Steeplechase at Parkview | Saratoga | 1BR,1BA | $1,167 |
Best Value Apartments for Rent in Butler, IN and Nearby
As of May 08, 2026 the best value apartment in the Butler area is the $1.13 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,695. The second greatest value Butler apartment is the Villa Model at Villas for Rent by Capital Property Management, LLC starting at $1,895 with a $1.30 price per square foot in the Pine Valley neighborhood. Here is today’s list of the best values for Butler apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Villas for Rent by Capital Property Management, LLC | Villa | 3BR,2.5BA | $1.30 |
| 7819 Stellhorn Rd | 7819 | 2BR,2BA | $1.12 |
| Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Windsor Oaks | The Hickory | 2BR,1BA | $1.28 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $0.96 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Butler, IN Rentals by Map
See the most popular apartments and homes in Butler, IN
Frequently Asked Questions about Cheap Butler Apartments
What is the Cheapest Studio apartment in Butler?
Currently the most affordable Cheap Studio Apartment in Butler is at Fountain Lake Apartment Homes listed at $780.
How much is rent for a Cheap One Bedroom Butler Apartment?
The lowest price for a Cheap One Bedroom Butler Apartment is $1,050 at Deerfield Village.
What is the lowest price for a Cheap Two Bedroom Butler Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Butler is starting from $741 at Drake Terrace III.
What is the most affordable Butler Three Bedroom Apartment?
The best deal on a cheap Butler Three Bedroom Apartment rental is at Drake Terrace III and starts from $776.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.