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330 W 40th St, Indianapolis, IN 46208, USA|Butler - Tarkington
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Amenities for 330 W 40th St, Butler - Tarkington
Apartment Amenities
| Air Conditioning | Central Air |
| Electric Heating |
Grounds
| Outdoor Space |
Other
| Architecture Style: Bungalow | Exterior Type: Wood Siding |
| Three Rooms |
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
Contact for more information on pet policy.
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About 330 W 40th St
Property Status: Active Located at 330 W 40th ST, Indianapolis, IN, this single-family residence presents an exciting prospect for any tenant. With its inherent potential, this property is a great option for students or anybody. Beautiful 1 bedroom 1 bathroom duplex fully renovated in south Butler-Turkington area. Just minutes away from Broad Ripple and Butler University. Kitchen has new stainless steel appliances, plenty of counter space and vinyl plank flooring throughout the house. Updated bathroom includes a deep tub and a modern look. House comes with a fridge, stove, microwave and A/C. One bedroom one bathroom unit available just south of Butler University. Located within walking distance to local restaurants and shops! In addition to rent, $100 per month flat fee for water, landscaping and sewer utilities. The kitchen provides a delightful space to craft culinary masterpieces, featuring a beautiful backsplash that adds a touch of elegance and stone countertops that offer both durability and style. This is a space where form meets function, inviting you to create and savor every moment. With a green, lush front yard, this property offers a canvas to craft an environment that perfectly aligns with your aspirations. This amazing property presents a unique opportunity to shape your investment dreams in the heart of Indianapolis. $100 monthly fee for landscaping and water will be added, resulting in a total of $1000 per month including base rent of $900. Office Phone: (317) 794-2827 Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 330 W 40th St compares to other nearby properties.
Positives
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Address details
| Neighborhood | Butler - Tarkington |
|---|---|
| Zip code | 46208 |
| Type | House for rent |
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Rent trends in Butler - Tarkington
1-bedroom apartments at 330 W 40th St cost about 13% more than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Sep 20 2025.
Butler - Tarkington
Indianapolis
| Month | Median Rent |
|---|---|
| October 2023 | $1,133 |
| November 2023 | $1,071 |
| December 2023 | $1,072 |
| January 2024 | $1,060 |
| February 2024 | $986 |
| March 2024 | $1,104 |
| April 2024 | $1,129 |
| May 2024 | $1,132 |
| June 2024 | $1,076 |
| July 2024 | $1,081 |
| August 2024 | $1,126 |
| September 2024 | $1,123 |
| October 2024 | $1,143 |
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,102 |
| Month | Median Rent |
|---|---|
| October 2023 | $808 |
| November 2023 | $795 |
Affordability calculator
Can I afford to live at 330 W 40th St?
Bedrooms
1 bedroomRent-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
$36,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 1-bedroom monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.
Schools near 330 W 40th St
James Whitcomb Riley School No. 43
150 w 40th st
indianapolis, IN, 46208
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
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Internet available near 330 W 40th St
Neighborhood
Butler - Tarkington | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 330 W 40th St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 330 W 40th St, Indianapolis
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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