
Cheap Apartments for Rent in Butler, IN from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Butler.


Fountain Creek Senior Villas

Emerald Pointe (55+ Senior Community)

Shoaff Park Villas

Drake Terrace III

Total Monthly Price
Montrose Square

Fountain Lake Apartment Homes

Golfview Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Winthrop Terrace - Bryan

Wallen Hills Apartments

Stone Pointe Village

Deerfield Village

Nelson Estates Apartments

Wood Creek Apartments

West Commons

Crosswait Estates Apartments
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.

Atz Place

340 N Wayne St

203 S Riley St

Northcrest Apartments

416 N Randolph St

Griswold Estates Apartments

304 S Guilford St

1008 S Randolph St
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.
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 | $922 | $695 | $1,514 |
| Butler 1 Bedroom Apartments | $1,288 | $625 | $2,324 |
| Butler 2 Bedroom Apartments | $1,537 | $592 | $2,839 |
| Butler 3 Bedroom Apartments | $2,005 | $776 | $2,500 |
| Butler 4 Bedroom Apartments | $2,599 | $2,599 | $2,599 |
Browse Top Apartments in Butler
See all Apartments in ButlerExplore Butler
Butler, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Butler Apartments for Rent and Nearby
 The cheapest available apartment rental in Butler, IN is a 2 Beds unit found at Fountain Creek Senior Villas priced from $592. Drake Terrace III has the second lowest priced unit, which is a 2 Beds apartment currently listed from $741. Here is today’s list of the most affordable Butler apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fountain Creek Senior Villas | 2 Beds, 1 bath | 2BR,1BA | $592 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
| Fountain Lake Apartment Homes | Bellagio | 2BR,1BA | $964 |
| Wallen Hills Apartments | Teakwood | 1BR,1BA | $970 |
Best Value Apartments for Rent in Butler, IN and Nearby
As of July 18, 2026 the best value apartment in the Butler area is the $0.87 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,834. The second greatest value Butler apartment is the Townhomes Model at Evard Place - Solar Powered starting at $2,000 with a $1.05 price per square foot in the Northeast Fort Wayne 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. |
|---|---|---|---|
| Morada at Maysville | 2 Bed 2 Bath | 2BR,2BA | $0.87 |
| Evard Place - Solar Powered | Townhomes | 3BR,2.5BA | $1.05 |
| Huntertown Apartments | Two Bedroom | 2BR,1.5BA | $0.83 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Fountain Lake Apartment Homes | Buckingham | 2BR,1.5BA | $1.03 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.04 |
| Crosswait Estates Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| Fountain Creek Senior Villas | 2 Beds, 1 bath | 2BR,1BA | $0.64 |
| 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
How much is rent for a Cheap One Bedroom Butler Apartment?
The lowest price for a Cheap One Bedroom Butler Apartment is $945 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 $592 at Fountain Creek Senior Villas.
What is the most affordable Butler Three Bedroom Apartment?
The best deal on a cheap Butler Three Bedroom Apartment rental is at Deerfield Village and starts from $1,475.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.