5

Newest Homes for Rent in Butler, IN

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  • /10

    $695 Per Month

    • 1 Bed
    • 1 Bath
    • One bedroom apartment

    223 S Ivy Ln, Butler, IN 46721

    One bedroom, second story apartment available in quiet Butler! Apartment requires tenant to hold full coverage renters insurance. Laundry facilities on site. Sorry, no pets allowed.***MUST APPLY ON ***

    223 S Ivy Ln, Butler, IN 46721
  • /12

    $750 Per Month

    • 2 Beds
    • 1 Bath
    • 756 Sq Ft
    • COMING SOON! 2 Bedroom Apartment in Butler!!

    214 S Ivy Ln, Butler, IN 46721

    A nice cozy 2 Bedroom apartment located in a quiet area in Butler, IN. Great looking tile throughout the kitchen and bathroom. Natural wood in the kitchen. Apartment is all Electric. Sorry no pets allowed.**This property requires the tenant to carry full renters insurance**

    214 S Ivy Ln, Butler, IN 46721
  • /7

    $725 Per Month

    • 1 Bed
    • 1 Bath
    • New one bedroom apartment in Butler!

    221 S Ivy Ln, Butler, IN 46721

    One bedroom, ground-apartment available in quiet Butler! Apartment requires tenant to hold full coverage renters insurance. Laundry facilities on site.Sorry, no pets allowed.***MUST APPLY ON ***

    221 S Ivy Ln, Butler, IN 46721
  • /6

    $650 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    501 N Broadway St Unit C, Butler, IN 46721

    Welcome to our 1 bedroom apartment in Butler, IN! This cozy unit features a spacious living room, gas forced heat, and a wall AC unit to keep you comfortable year-round. With off-street parking and a shared laundry room, convenience is at your fingertips. Enjoy the shared common area for relaxing or socializing with neighbors. Please note that animals are not allowed in this apartment, and

    501 N Broadway St Unit C, Butler, IN 46721
  • /11

    $750 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    501 N Broadway St Unit F, Butler, IN 46721

    Welcome to 501 N Broadway, a charming 2-bedroom, 1-bathroom apartment located in the heart of Butler, IN. This upstairs unit offers a unique blend of comfort and convenience, with a mix of flooring throughout for a touch of character. The apartment is all-electric, ensuring energy efficiency, and comes with a wall AC unit for your comfort. For additional cooling needs, residents are welcome to

    501 N Broadway St Unit F, Butler, IN 46721

Frequently Asked Questions

How much does it cost to rent a home in Butler, IN?
The median rent for a home in Butler, IN is $725 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Butler, IN?
To comfortably afford the median rent in Butler, IN, a household needs to earn roughly $29,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $725 per month in Butler, IN, renters typically need to show $2,175 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Butler, IN?
In Butler, IN, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Butler, IN are best for renting a home?
The best neighborhood for renting in Butler, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northeast Fort Wayne and Northwest Fort Wayne, each with its own character and price range.

Rental Trends in Butler, IN

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$725
Median Single Family Home Rent
$725
Median Condo Rent
$700
How to Rent a Home