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Butler, IN Home for Rent

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    $700 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.*MOVE-IN SPECIAL - HALF OFF FIRST MONTHS RENT****MUST APPLY ON ***

    221 S Ivy Ln, Butler, IN 46721

Why Live in Butler

Butler, located in DeKalb County, Indiana, is a small rural community with a population of around 2,700. The town has a close-knit atmosphere, with a renovated downtown area on Broadway Street that hosts local businesses and family-friendly events. The architecture in Butler includes Craftsman bungalows and midcentury ranch-style homes, with contemporary houses on the west side and multiacre lots on the outskirts. The town's retail options include the Broadway Cafe, Route 6 Bar and Grill, and the longstanding Worker’s World store. However, there are some empty storefronts, and more extensive shopping and dining options can be found in Auburn, about 15 miles away. Butler hosts several annual events, such as the Spring Monster Motor Show and Butler Days Festival, which feature activities like monster truck rides, live music, and fireworks. Recreational areas include Maxton Park, Southside Park, and Hathaway Park, offering amenities like disc golf, walking trails, and playgrounds. The Butler Public Library and Butler Bowl & Recreation Center provide additional indoor and outdoor activities. Major local employers are manufacturing companies like Janus International Group and Multimatic Indiana. Butler is approximately 35 miles from downtown Fort Wayne and 45 miles from Fort Wayne International Airport, with the Ohio border just 3 miles to the east.

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 $700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes 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 $28,000 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 $700 per month in Butler, IN, renters typically need to show $2,100 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 19.5, 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 Home Trends

Number of Homes for Rent
1
Median Rent
$700
Median Single Family Home Rent
$700
How to Rent a Home