
Cheap Homes for Rent in Butler-Tarkington Neighborhood of Indianapolis, IN from $700 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Butler-Tarkington area of Indianapolis.


3623 Graceland Ave, Unit 3623 Graceland Ave

1460 W 32nd St

115 E 36th St

321 W 32nd St

4023 Clarendon Rd

4021 Clarendon Rd
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.

3141 N Park Ave

2937 N Kenwood Ave

3236 Graceland Ave

3450 Graceland Ave

3537 N Capitol Ave

4155 Graceland Ave

3469 Graceland Ave
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.

143 W 35th St

945 Fox Hill Dr

514 E 33rd St

512 E 33rd St

5005 Indianola Ave

5005 Indianola Ave

3708 N Kenwood Ave
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.

3706 N Kenwood Ave

1315 W 34th St
Butler-Tarkington, Indianapolis, IN Local Guide

How much does it cost to rent a home in Butler-Tarkington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Butler-Tarkington 2 Bedroom Homes for Rent | $1,420 | $899 | $2,275 |
| Butler-Tarkington 3 Bedroom Homes for Rent | $1,630 | $750 | $3,100 |
| Butler-Tarkington 4 Bedroom Homes for Rent | $2,495 | $1,400 | $3,400 |
| Butler-Tarkington 5 Bedroom Homes for Rent | $2,519 | $1,647 | $3,150 |
| Butler-Tarkington 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Butler-Tarkington Neighborhood of Indianapolis, IN.
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Butler-Tarkington, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meridian Towers | Studio Apartment | Studio,1BA | $629 |
| Oxmoor Indy | 1BR/1.0BA | 1BR,1BA | $699 |
| 34 North Apartments | Studio | Studio,1BA | $725 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $774 |
| Broad Ripple Trails | STUD-S | Studio,1BA | $799 |
Best Value Apartments for Rent in Butler-Tarkington, IN
As of April 13, 2026 the best value apartment in the Butler-Tarkington area is the $1.37 price per square foot Balmoral 3 BR, 2 BA Apartment- 1,280 Sq. Ft. Model at Buckingham & Balmoral in the in the Martindale neighborhood starting from $1,755. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Buckingham & Balmoral | Balmoral 3 BR, 2 BA Apartment- 1,280 Sq. Ft. | 3BR,2BA | $1.37 |
| The Star | 2 Bed | 2BR,1BA | $0.76 |
| 3326 Ruckle St, Unit Rear Apartment | 3326 Ruckle St | 1BR,1.5BA | $1.19 |
| Oxmoor Indy | 3BR/1.0BA | 3BR,1BA | $1.00 |
| Park Place Apartments | 1 Bedroom Remodeled | 1BR,1BA | $1.53 |
| Vetra 5480 | Pine | 1BR,1BA | $1.64 |
| The Pines at SoBro | 1 Bedroom 1 Bath Apartment - Classic | 1BR,1BA | $1.48 |
| Parkway | 1 Bedroom | 1BR,1BA | $1.43 |
| Nola Court Apartments | 1 Bed- 4442 | 1BR,1BA | $1.61 |
| 34 North Apartments | Studio | Studio ,1BA | $1.61 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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.
Pet Friendly LifestyleButler-Tarkington, Indianapolis, IN
Ranked #114
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Butler-Tarkington, Indianapolis, IN
James Whitcomb Riley School 43
School data provided by Great Schools
Frequently Asked Questions about Butler-Tarkington
What type of rentals are currently available in Butler-Tarkington?
There are currently 171 Apartments for Rent in Butler-Tarkington, IN with pricing that ranges from $629 to $5,728. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Butler-Tarkington ranging from $750 to $3,400.
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 $750 to $3,400 with an average monthly rent of $1,936.
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 $850 to $2,085, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $2,455.
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

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.

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.

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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
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

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.

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.

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.