Listed 5 Hours Ago
Highlights
Pet Friendly
Location
137 W 47th St #1, Indianapolis, IN 46208, USA|Butler - Tarkington
Tour 137 W 47th St #1
Contact
Hoosier Homes Management
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Amenities for 137 W 47th St #1, Butler - Tarkington
Building
| Cats OK | Dogs OK |
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Cat Policy
Allowed
Large Dog Policy
Allowed
Other Policy
Allowed
Small Dog Policy
Allowed
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 137 W 47th St #1
Welcome home to 137 W 47th St in Indianapolis, In! This comfortable 2-bedroom, 1.5-bathroom home offers a practical layout and convenient location close to the restaurants, shops, entertainment, and amenities Indianapolis has to offer. With two bedrooms and one and a half bathrooms, this home provides a comfortable space for a variety of living arrangements and everyday living. Features you'll love 2 bedrooms 1.5 bathrooms Spacious living areas Functional kitchen Comfortable bedrooms Convenient Indianapolis location Close to shopping, restaurants, and entertainment Easy access to major roads and downtown Indianapolis Additional fees $300 one-time lease administration/leasing fee $50/month Resident Benefits Package (RBP) The Resident Benefits Package includes renter's insurance, furnace filter delivery, identity protection, resident rewards, and pest control. Utilities All utilities are the tenant's responsibility and must be placed in the tenant's name. Pet policy $450 non-refundable pet deposit per pet $45 monthly pet rent per pet Rental requirements Minimum 600 credit score Gross monthly household income of at least 3x the monthly rent No prior evictions No criminal history By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 137 W 47th St #1 compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this property
- Package service
- More secure storage for delivery
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.6 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.6 miles away
Address details
| Neighborhood | Butler - Tarkington |
|---|---|
| Zip code | 46208 |
| Type | Apartment for rent |
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Rent trends in Butler - Tarkington
2-bedroom apartments at 137 W 47th St #1 cost about 9% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Oct 3 2026.
Butler - Tarkington
Indianapolis
| Month | Median Rent |
|---|---|
| October 2024 | $1,397 |
| November 2024 | $1,392 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,275 |
| November 2025 | $1,275 |
| December 2025 | $1,256 |
| January 2026 | $1,245 |
| February 2026 | $1,239 |
| March 2026 | $1,250 |
| April 2026 | $1,250 |
| May 2026 | $1,275 |
| June 2026 | $1,288 |
| July 2026 | $1,270 |
| August 2026 | $1,290 |
| September 2026 | $1,299 |
| October 2026 | $1,299 |
| Month | Median Rent |
|---|---|
| March 2025 | $1,050 |
| April 2025 | $1,268 |
| May 2025 | $1,254 |
| June 2025 | $1,268 |
| July 2025 | $1,315 |
| August 2025 | $1,292 |
| September 2025 | $1,367 |
| October 2025 | $1,346 |
| November 2025 | $1,300 |
| July 2026 | $1,415 |
| August 2026 | $1,580 |
| September 2026 | $1,337 |
| October 2026 | $1,330 |
Affordability calculator
Can I afford to live at 137 W 47th St #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 2-bedrooms monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.
Schools near 137 W 47th St #1
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
James Whitcomb Riley School No. 43
150 w 40th st
indianapolis, IN, 46208
PK, K-8Public
C-
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
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Internet available near 137 W 47th St #1
Neighborhood
Butler - Tarkington | Indianapolis, IN
Getting around Indianapolis near 137 W 47th St #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 137 W 47th St #1, Indianapolis
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
2/10
Some bars within walking distance
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