Cheap Apartments for Rent in the Butler-Tarkington Neighborhood of Indianapolis, IN from $400 (75 Rentals)

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

property at 3609 Balsam Ave

$671 - $737

Studio To 1 Bedroom Rentals

Available Apr 20

3609 Balsam Ave

IndianapolisIN46205
property at 4643 Rookwood Ave

$750

3 Bedroom, 1.5 Bath Home for Rent

Available Now

4643 Rookwood Ave

IndianapolisIN46208

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property at 4021 Clarendon Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

4021 Clarendon Rd

IndianapolisIN46208
property at 3450 Graceland Ave

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3450 Graceland Ave

IndianapolisIN46208

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 4155 Graceland Ave

$1,100 - $2,400

1 To 4 Bedroom Homes for Rent

Available Now

4155 Graceland Ave

IndianapolisIN46208

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Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Charmwood Terrace
Studio to 2 Bedroom Apartments

Charmwood Terrace

3419 N Pennsylvania StIndianapolis, IN 46205
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Parkside At Tarkington
1 to 2 Bedroom Apartments

Parkside At Tarkington

3901 N Meridian StIndianapolis, IN 46208
Senior Living
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THE COURTS OF MONON
Studio to 1 Bedroom Apartments

THE COURTS OF MONON

3605-3609 Balsam AveIndianapolis, IN 46205
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Marblehead
Studio to 2 Bedroom Apartments

Marblehead

3310 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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VILLAGE AT FALL CREEK
Studio to 1 Bedroom Apartments

VILLAGE AT FALL CREEK

3520-3534 Fall Creek Parkway North DrIndianapolis, IN 46205
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727 Fairfield Ave
1 Bedroom Apartments

727 Fairfield Ave

727 Fairfield AveIndianapolis, IN 46205
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The Historic Bauer
1 to 2 Bedroom Apartments

The Historic Bauer

3720 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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Historic Dorchester
1 to 4 Bedroom Apartments

Historic Dorchester

3720 N Pennsylvania StIndianapolis, IN 46205

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Oxmoor Indy
1 to 3 Bedroom Apartments

Oxmoor Indy

3640 N Meridian StIndianapolis, IN 46208
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Winston
1 Bedroom Apartments

Winston

3630 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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Admiral
1 to 4 Bedroom Apartments

Admiral

3025 N Meridian StIndianapolis, IN 46208
  • Utilities Included
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The Regal Apartments
1 to 2 Bedroom Apartments

The Regal Apartments

3603 N Washington BlvdIndianapolis, IN 46205
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Meridian Plaza
1 to 2 Bedroom Apartments

Meridian Plaza

3726 N Meridian StIndianapolis, IN 46208
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Birchwood Place
Studio to 1 Bedroom Apartments

Birchwood Place

1040 Fairfield AveIndianapolis, IN 46205
  • Utilities Included
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Monon Walk Apartments
Studio to 1 Bedroom Apartments

Monon Walk Apartments

6115 Winthrop AveIndianapolis, IN 46220
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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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
34 North ApartmentsStudioStudio,1BA$725
Nola Court Apartments1 Bed- 44421BR,1BA$774
Broad Ripple TrailsSTUD-SStudio,1BA$799
Parkway1 Bedroom1BR,1BA$799
The Star2 Bed2BR,1BA$799
The MeridianThe Delaware2BR,1BA$899
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$900
The Pines at SoBro1 Bedroom 1 Bath Apartment - Classic1BR,1BA$919

Best Value Apartments for Rent in Butler-Tarkington, IN

As of April 07, 2026 the best value apartment in the Butler-Tarkington area is the $1.60 price per square foot The Greenlake Model at Monon 46 in the in the Keystone-Monon neighborhood starting from $1,790. The second greatest value Butler-Tarkington apartment is the 2 Bed Model at The Star starting at $799 with a $0.76 price per square foot in the Martindale 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.
Monon 46The Greenlake2BR,2BA$1.60
The Star2 Bed2BR,1BA$0.76
3326 Ruckle St, Unit Rear Apartment3326 Ruckle St1BR,1.5BA$1.19
Oxmoor Indy3BR/1.0BA3BR,1BA$1.00
Park Place Apartments2 Bedroom Remodeled2BR,1BA$1.37
Carrollton Manor Apartments1 Bed 1 Bath1BR,1BA$1.20
The Pines at SoBro1 Bedroom 1 Bath Apartment - Classic1BR,1BA$1.46
Parkway1 Bedroom1BR,1BA$1.43
Nola Court Apartments1 Bed- 44421BR,1BA$1.61
34 North ApartmentsStudioStudio ,1BA$1.61

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Butler-Tarkington, Indianapolis, IN

Ranked #116

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, apartment complexes for the kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Butler-Tarkington Apartments

What is a cheap apartment in Butler-Tarkington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Butler-Tarkington is under $919.

What is the price of a cheap apartment in Butler-Tarkington?

The cheapest apartment in Butler-Tarkington is Oxmoor Indy which is listed at $699, while the average apartment in Butler-Tarkington costs $2,455.

What types of apartments are the cheapest in Butler-Tarkington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 33 regular apartments in Butler-Tarkington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Butler-Tarkington?

Cheap apartments in Butler-Tarkington have an average cost of $399 which is $2,056 cheaper than the average rent for all rentals in Butler-Tarkington.

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.

Helpful Local Expert Guides

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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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.