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Butler, IN Condos for Rent

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    $750 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    501 N Broadway St Unit D, Butler, IN 46721

    Now available in Butler, IN — a 2-bedroom, 1-bath downstairs apartment with a modern color scheme and mixed flooring throughout. This unit includes off-street parking, a shared laundry room, and electric baseboard heat. Residents provide their own window AC units. The property is minutes from I-69 and is Obligo Approved with a resident benefit package. No animals are allowed, there is no access

    501 N Broadway St Unit D, 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 condo in Butler, IN?
The median rent for a condo in Butler, IN is $750 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option.
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 $30,000 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 $750 per month in Butler, IN, renters typically need to show $2,250 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 18.4, 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.

Rental Home Trends in Butler, IN

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$750
Median 1 Bedroom Condo Rent
$650
Median 2 Bedroom Condo Rent
$750
How to Rent a Home