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- 3BR, 2BAHome
- $1,750
- 2,476Square Feet
- 03-01-2026Availability
Rent Specials
Lease Qualifying Bonus~~$250.00 Discount with Qualifying Lease Approval - off of First Months Rent.
Unit Amenities and Features
Features
- Ceiling Fans
- Heating
- Storage Space
- Tub/Shower
- Washer/Dryer
Unit Lease Information
Unit Price
- $1,750
Deposit
- $1,750 deposit
Schedule a Tour
About 623 W 40th St
Fully updated and move-in ready home located in the highly sought-after Butler-Tarkington neighborhood of Indianapolis. This property offers an ideal residential rental option for those seeking comfort, space, and flexibility in a prime location. Conveniently situated within walking distance of Butler University and just a 10-minute drive to Downtown Indianapolis, the home provides easy access to major employers, healthcare institutions, dining, and cultural amenities. The residence features a private backyard, and a finished basement offering flexible use space. The basement includes a washer and dryer, adding everyday convenience for extended occupancy. Recent updates throughout the home enhance comfort and functionality while preserving the character of this established residential neighborhood. This property is well-suited for extended stays and mid-term occupancy, offering the space, amenities, and setting ideal for professionals, faculty, or individuals seeking housing beyond a short-duration stay. The layout supports comfortable longer-term living while remaining fully compliant with residential use standards. Garage Usage (optional) Lease terms subject to owner approval.
623 W 40th St is located in the Butler-Tarkington Neighborhood and 46208 Zip code of Indianapolis, IN.
Property Contact Info
Lease Terms
- 12 Month Lease
Fees and Policies
Pet Policy and Fees
Cats
- Fees Not Specified
Dogs
- Fees Not Specified
Parking Info and Fees
- Garage Parking
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Garden Style
Interior Features
- Storage Space
- Heating
- Tub/Shower
- Ceiling Fans
- Washer/Dryer
Living Area Features
- Basement
Unique Amenities
- Garage Available

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 623 W 40th St
What type of rentals are available at 623 W 40th St?
There is currently a 3 Bed 2 Bath Home for rent with 2,476 listed at 623 W 40th St. It is Available March 1, 2026.
How much is the rent at 623 W 40th St?
623 W 40th St is currently listed at $1,750.
What area of town is 623 W 40th St located in?
Located in the Butler-Tarkington Neighborhood, 623 W 40th St is in the 46208 Zip Code of Indianapolis, IN.
Lifestyle Ratings
Learn more about Lifestyle SearchNearby Schools
Crispus Attucks Medical Magnet High School (9-12)
IPS/Butler University Laboratory School 60
Shortridge High School
James Whitcomb Riley School 43
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 623 W 40th St.
Arts Museums and Landmarks
Big Box and Retail
Safeway
Walgreens
Cvs/Pharmacy
Colleges and Universities
Ivy Tech Community College - Downtown Indianapolis Campus
Groceries
Safeway
The Fresh Market
Save-A-Lot
Hospitals
Indiana University Health
Eskenazi Health
Riley Hospital For Children
Military Bases
Naval Avionics Center
Parks and Recreation
623 W 40th St has 5 parks within 7.0 miles, including SpaceQuest Planetarium, Benjamin Harrison House, White River State Park, Caribbean Cove, and Garfirled Conservatory.
Restaurants and Dining
Shopping Centers
623 W 40th St has 5 shopping centers within 1.9 miles.
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,163 | $595 | $5,283 |
| Indianapolis 1 Bedroom Apartments | $1,375 | $497 | $4,628 |
| Indianapolis 2 Bedroom Apartments | $1,634 | $563 | $6,212 |
| Indianapolis 3 Bedroom Apartments | $2,037 | $950 | $9,966 |
| Indianapolis 4 Bedroom Apartments | $1,989 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,323 | $1,000 | $10,000+ |
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