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modified
5+ Days Ago

Highlights

  • Upgraded appliances
  • Up-and-coming neighborhood
  • Fridge
  • High speed wifi
  • Newly-renovated
  • Patio or porch

Location

W 40th St, Indianapolis, IN 46208, USA|Butler - Tarkington

Available rentals nearby

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The Pines at SoBro

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Fairgrounds • 5018 Lemans Dr

1 Bed

$929

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Marian - Cold Springs • 2638 Cold Spring Manor Dr

1 Bed

$839

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Millersville • 3836 Arbor Green Ln

1 Bed

$925–$970

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Chatard • 5220 Luzzane Ln

1 Bed

$919–$1,399

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Near Eastside • 116 N Gladstone Ave #116

1 Bed

$850

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Near Northwest - Riverside • 3540 N Meridian St

1 Bed

$774–$804

featured image of 1411 N Pershing Ave

Near Westside • 1411 N Pershing Ave

1 Bed

$850

featured image of 3536 N Meridian St

Near Northwest - Riverside • 3536 N Meridian St

1 Bed

$770

featured image of 5018 Lemans Dr

The Pines at SoBro

Our team has verified this company

Fairgrounds • 5018 Lemans Dr

1 Bed

$929

featured image of 2638 Cold Spring Manor Dr

The Riverside Apartment Homes

Our team has verified this company

Marian - Cold Springs • 2638 Cold Spring Manor Dr

1 Bed

$839

featured image of 3836 Arbor Green Ln

Millersville • 3836 Arbor Green Ln

1 Bed

$925–$970

featured image of 5220 Luzzane Ln

Chatard • 5220 Luzzane Ln

1 Bed

$919–$1,399

featured image of 116 N Gladstone Ave #116

Near Eastside • 116 N Gladstone Ave #116

1 Bed

$850

featured image of 3540 N Meridian St

Near Northwest - Riverside • 3540 N Meridian St

1 Bed

$774–$804

featured image of 1411 N Pershing Ave

Near Westside • 1411 N Pershing Ave

1 Bed

$850

featured image of 3536 N Meridian St

Near Northwest - Riverside • 3536 N Meridian St

1 Bed

$770

Rent trends in Butler - Tarkington

1-bedroom apartments at W 40th St cost about 18% less than the average rent price for 1-bedroom apartments in Butler - Tarkington.

Median rents as of May 2 2026.
Butler - Tarkington
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
May 2024$1,128
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$1,105
October 2025$1,080
November 2025$1,046
December 2025$1,048
January 2026$1,017
February 2026$1,022
March 2026$1,011
April 2026$1,017
May 2026$1,009
A table of 1-bedroom apartment rental data trends in Butler - Tarkington
MonthMedian Rent
May 2026$1,000

Schools near W 40th St

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
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Internet available near 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 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.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for W 40th St, Indianapolis

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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