Updated 33 Minutes Ago
Highlights
- No smoking
- Large living space
- Living room
- Gym
- Decorative fireplace
Location
508 Bernard Ave, Indianapolis, IN 46208, USA|Butler - Tarkington
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Amenities for 508 Bernard Ave, Butler - Tarkington
Features
| 2 Floors | Central Air |
| Fireplace | Hardwood Floor |
| Natural Gas |
Community
| Exterior Type: Brick | Fitness Center |
Other
| Architecture Style: Colonial | Seven 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 508 Bernard Ave
Sweet deal!
This listing is 17% below the median price for 4 bedroom apartments in Butler - Tarkington.
Property Status: Active Large home near Butler University. Main floor features a comfortable living space. Expansive dining room and living room. Fireplace is decorative and not for use. Upstairs features 4 bedrooms with cedar lined closets. Large partially finished basement perfect for office, gym, or 5th bedroom space. This home is perfect for students or anyone wanting to be in the Butler Tarkington area. Tenant is responsible for all utilities. No smoking. Longer lease terms also available. Office Phone: (317) 538-1498 Copyright © 2026 Broker Listing Cooperative®. 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 508 Bernard Avenue, Indianapolis, IN 46208, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Fireplace
- In-unit features available
- Fitness center
- A gym just a few steps away
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.0 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 2.4 miles away
Address details
| Neighborhood | Butler - Tarkington |
|---|---|
| Zip code | 46208 |
| Type | House for rent |
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Rent trends in Butler - Tarkington
4-bedroom apartments at 508 Bernard Ave cost about 17% less than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of Oct 31 2026.
Butler - Tarkington
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,804 |
| December 2024 | $1,816 |
| January 2025 | $1,854 |
| February 2025 | $1,885 |
| March 2025 | $1,942 |
| April 2025 | $1,993 |
| May 2025 | $2,025 |
| June 2025 | $2,040 |
| July 2025 | $1,984 |
| August 2025 | $1,900 |
| September 2025 | $1,894 |
| October 2025 | $1,885 |
| November 2025 | $1,810 |
| December 2025 | $1,820 |
| January 2026 | $1,842 |
| February 2026 | $1,868 |
| March 2026 | $1,942 |
| April 2026 | $2,004 |
| May 2026 | $1,984 |
| June 2026 | $2,068 |
| July 2026 | $2,009 |
| August 2026 | $1,971 |
| September 2026 | $1,995 |
| October 2026 | $1,976 |
| Month | Median Rent |
|---|---|
| May 2025 | $2,175 |
| November 2025 | $1,995 |
| December 2025 | $1,995 |
| January 2026 | $1,963 |
| February 2026 | $2,154 |
| March 2026 | $2,175 |
| April 2026 | $2,212 |
| May 2026 | $2,500 |
| June 2026 | $2,475 |
| July 2026 | $2,625 |
| August 2026 | $2,500 |
| September 2026 | $2,123 |
| October 2026 | $2,100 |
Affordability calculator
Can I afford to live at 508 Bernard Ave?
Bedrooms
4+ 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
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 4-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $2,000 | 5 bed | 2.5 bath | ||
| 3 years ago | $2,550 | 5 bed | 2.5 bath | ||
| 10 years ago | $950 | 4 bed | 1.5 bath | ||
| 4 Beds, 1 Bath | 10 years ago | $950 | 4 bed | 1.5 bath | |
| 4 Beds, 1 Bath | 12 years ago | $1,000 | 4 bed | 1.5 bath |
Schools near 508 Bernard Ave
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+
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Neighborhood
Butler - Tarkington | Indianapolis, IN
Getting around Indianapolis near 508 Bernard Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 508 Bernard Ave, Indianapolis
Groceries
3/10
Some groceries within a short drive
Shopping
4/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within a short drive
Other units at this address
508 Bernard Avenue, Indianapolis, IN
508 Bernard Avenue Indianapolis, IN
Occupied
4 Beds, 1.5 Baths
4 Beds
1.5 Baths
$950
Occupied
5 Beds, 2.5 Baths
5 Beds
2.5 Baths
$2,000
Air Conditioning • Hardwood Floor • In-Unit Laundry • Dishwasher
Occupied
1
5 Beds
2.5 Baths
$2,000
Dishwasher • Hardwood Floor • Air Conditioning • Central Heat • In-Unit Laundry
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