Cheap Apartments for Rent in Butler, IN from $500 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in Butler.

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.

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Montrose Square
Studio to 2 Bedroom Apartments

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
  • Utilities Included

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.

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Atz Place
1 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living

Butler, IN Local Guide

Cheapest Available Butler Apartments for Rent and Nearby

 

The cheapest available apartment rental in Butler, IN is a 1 Bed unit found at Atz Place priced from $538. Shoaff Park Villas in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Butler apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Atz PlaceOne Bedroom1BR,1BA$538
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Drake Terrace III2 Bedroom2BR,1BA$721
Wallen Hills ApartmentsIvywoodStudio,1BA$818
Wood Creek ApartmentsThe Willow1BR,1BA$875

Best Value Apartments for Rent in Butler, IN and Nearby

As of September 01, 2025 the best value apartment in the Butler area is the $0.87 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,300. The second greatest value Butler apartment is the Copper Creek Townhome Model at Copper Creek Villas starting at $1,795 with a $1.23 price per square foot in the Outer Northside neighborhood. Here is today’s list of the best values for Butler apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$0.87
Copper Creek VillasCopper Creek Townhome3BR,2.5BA$1.23
7819 Stellhorn Rd78192BR,2BA$1.12
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.33
OAK CROSSINGThe Willow2BR,2BA$1.28
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Windsor OaksThe Hickory2BR,1BA$1.28
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$1.20
Drake Terrace III2 Bedroom2BR,1BA$0.96
Atz PlaceOne Bedroom1BR,1BA$0.79

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Butler, IN

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $538 at Atz Place.

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 $721 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 Reserve at Dawson's Creek and starts from $1,485.

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.