Apartments for Rent in Butler - Tarkington, Indianapolis, IN

Butler - Tarkington, Indianapolis apartment availability

Butler - Tarkington's rental market offers a good selection of listings, with an average of 21 rentals available each month. The neighborhood's inventory mostly consists of 3-bedroom apartments, followed by 2-bedroom and 1-bedroom units. Many of these apartments offer desirable amenities, including outdoor spaces, in-unit laundry, and dishwashers. Specifically, about 43% of apartments feature outdoor spaces and dishwashers, while around 51% offer in-unit laundry. This mix of amenities and unit types makes Butler - Tarkington a suitable option for renters with varying needs and priorities.

Butler - Tarkington, Indianapolis rental market trends

Butler-Tarkington's rental market in 2024 presents a mixed picture. The average monthly rent across all property types has remained relatively stable, decreasing by 0.46% year-over-year to $1,583. However, this overall trend belies significant fluctuations in rent prices for specific bed counts. 1-bedroom units have seen a substantial 19.8% decrease in rent, averaging $817 per month, while 2-bedroom units have experienced a 12.9% increase, now renting for $1,319 per month.

In terms of seasonality, December is the most expensive month to rent in Butler-Tarkington, with prices 12.8% higher than in April, the least expensive month. This suggests that renters looking for a better deal should consider apartment hunting in the spring. Notably, the area's studio market has been significantly impacted, with a 100% decrease in rent prices, indicating a potential shift in the local rental landscape.

Why Butler - Tarkington, Indianapolis is a great place to live

Butler-Tarkington is a neighborhood that perfectly complements an active social lifestyle. Our analysis of local data reveals that the area's unique blend of characteristics makes it an ideal spot for those who value community and connection. With its high walk score, well-designed street infrastructure, and excellent transit options, getting around and meeting up with friends is effortless. Additionally, the neighborhood's age distribution suggests a diverse and vibrant community, and its strong safety record provides peace of mind for residents. Whether you're looking to try new restaurants, attend local events, or simply enjoy the company of others, Butler-Tarkington is a great choice for those who thrive on social interaction.