Butler-Tarkington, Indianapolis, IN Rental Market Trends

The average rent for an apartment in Butler-Tarkington, Indianapolis, IN is $1,740 ($1.20 per sqft), based on a survey of 7 rental listings in Butler-Tarkington, Indianapolis, IN conducted by Hello Data, Inc. on May 28, 2023. This is -7% below the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Butler-Tarkington, Indianapolis, IN by Number of Bedrooms

The chart below shows the average rent in Butler-Tarkington, Indianapolis, IN for apartments by number of bedrooms:

Average apartment size in Butler-Tarkington, Indianapolis, IN

The average apartment size in Butler-Tarkington, Indianapolis, IN is 1,450 sqft, which is 45% above the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Butler-Tarkington, Indianapolis, IN for each unit type:

Average Rent in Indianapolis, IN by Neighborhood

There are 48 neighborhoods in Indianapolis, IN . Fountain Square is the most expensive neighborhood, with an average rent of $1,950 ($1.97 per sqft), and Eastside is the most affordable neighborhood in Indianapolis, IN , with an average rent of $800 ($0.90 per sqft). The following tables show the Top 5 neighborhoods in Indianapolis, IN by average rent and the top 5 most affordable neighborhoods in Indianapolis, IN by average rent:

Top 5 most expensive neighborhoods in Indianapolis, IN by average rent:

Neighborhood
$1,950 avg. rent
$1.97 per sqft
$1,798 avg. rent
$1.89 per sqft
$1,740 avg. rent
$1.20 per sqft
$1,734 avg. rent
$1.52 per sqft
$1,714 avg. rent
$1.56 per sqft

Top 5 most affordable neighborhoods in Indianapolis, IN by average rent:

Neighborhood
$954 avg. rent
$1.05 per sqft
$925 avg. rent
$0.82 per sqft
$889 avg. rent
$1.03 per sqft
$847 avg. rent
$0.96 per sqft
$800 avg. rent
$0.90 per sqft

Average Rent in Indianapolis, IN by Zip Code

There are 32 zip codes in Indianapolis, IN . 46236 is the most expensive zip code, with an average rent of $1,890 ($1.18 per sqft), and 46218 is the most affordable zip code in Indianapolis, IN , with an average rent of $812 ($0.72 per sqft). The following tables show the Top 5 zip codes in Indianapolis, IN by average rent and the top 5 most affordable zip codes in Indianapolis, IN by average rent:

Top 5 most expensive zip codes in Indianapolis, IN by average rent:

Zip Code
$1,890 avg. rent
$1.18 per sqft
$1,845 avg. rent
$0.93 per sqft
$1,780 avg. rent
$2.45 per sqft
$1,683 avg. rent
$1.68 per sqft
$1,595 avg. rent
$0.90 per sqft

Top 5 most affordable zip codes in Indianapolis, IN by average rent:

Zip Code
$1,009 avg. rent
$1.03 per sqft
$977 avg. rent
$1.01 per sqft
$929 avg. rent
$1.08 per sqft
$847 avg. rent
$0.93 per sqft
$812 avg. rent
$0.72 per sqft

Average Apartment Listing Volume and Average Time on Market in Butler-Tarkington, Indianapolis, IN

Average number of days on market in Butler-Tarkington, Indianapolis, IN

The average listing remains on the market for 13 days in Butler-Tarkington, Indianapolis, IN. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Butler-Tarkington, Indianapolis, IN:

Available Apartments in Butler-Tarkington, Indianapolis, IN by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 7 active apartment listings in Butler-Tarkington, Indianapolis, IN. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Butler-Tarkington, Indianapolis, IN Average Rents

What are the most affordable neighborhoods in Indianapolis, IN?

The most affordable neighborhoods in Indianapolis, IN are Eastside, where the average rent is $800 ($0.90 per sqft) and Arlington Woods, where renters pay $847 ($0.96 per sqft) per month on average.

What are the most expensive neighborhoods in Indianapolis, IN?

The most expensive neighborhoods in Indianapolis, IN are Fountain Square, with an average rent of $1,950 ($1.97 per sqft) and Broad Ripple, with an average rent of $1,798 ($1.89 per sqft) per month.

What are the most popular neighborhoods in Indianapolis, IN?

The most popular neighborhoods in Indianapolis, IN are Downtown, with 639 active listings as of May 28, 2023 and Castleton, with 202 active listings as of May 28, 2023.

How much is a 3 Bedroom apartment in Butler-Tarkington, Indianapolis, IN?

The average monthly rental price for 3 Bedroom apartments in Butler-Tarkington, Indianapolis, IN is $1,740 ($1.20 per sqft).

See how Hello Data can help your business