Student Housing OS · Indianapolis, IN

Updated Jun 2026

Apartments near Butler University

500 apartments available·From $467/mo·Best area: The Loop·Avg fit 50/100

Featured near campus

Best Value

202 Steeples Blvd, Unit 414, Indianapolis, IN 46222

$467/mo

5.4 mi · Fit 60/100

Fit60Safety57Walk20Study88Afford73
View details
Best Overall

503 W 46th St, Indianapolis, IN 46208

$3,150/mo

0.3 mi · Fit 73/100

Fit73Safety76Walk96Study87Afford35
View details
Best Walkability

714 Berkley Rd, Indianapolis, IN 46208

$2,500/mo

0.4 mi · Fit 65/100

Fit65Safety81Walk94Study65Afford35
View details
Best For Studying

1821 Lambert St, Indianapolis, IN 46221

$875/mo

6.4 mi · Fit 57/100

Fit57Safety55Walk20Study93Afford59
View details
Best For Roommates

6005 Dickson Rd, Apt 4, Indianapolis, IN 46226

$725/mo

5.8 mi · Fit 52/100

Fit52Safety55Walk20Study64Afford72
View details

Student Housing Network

Student Housing Network

No roommate requests yet for Butler University. Be the first student looking for housing partners.

Student Housing Network

Student Housing Network

No roommate requests yet for Butler University. Be the first student looking for housing partners.

Get new apartment alerts

  • ✓ New listings
  • ✓ Rent drops
  • ✓ Roommate matches
  • ✓ Housing deadlines

Live listings near Butler University(500 showing)

Within ~12 mi of campus · filter, sort, and save listings below

Filter & sort

Showing 18 of 495 listings (filtered from 500).

4658 Hinesley Ave, Indianapolis, IN 46208

4 bed · 2 bath · 0.4 mi from campus · 2,302 sq ft · Single Family

$3,000/mo

~$750/person split 4 ways

View details

Student activity

Be the first student to save this listing near Butler University.

Fit65Safety79Walk90Study71Afford35

Walkable to campus · Grocery nearby

521 Bernard Ave, Indianapolis, IN 46208

2 bed · 1 bath · 0.8 mi from campus · 1,500 sq ft · Single Family

$1,950/mo

~$975/person split 2 ways

View details

Student activity

Be the first student to save this listing near Butler University.

Fit65Safety82Walk74Study87Afford35

Quiet study environment · Walkable to campus

5161 N Park Ave, Indianapolis, IN 46205

3 bed · 1 bath · 1.4 mi from campus · 1,870 sq ft · Single Family

$1,700/mo

~$567/person split 3 ways

View details

Student activity

Be the first student to save this listing near Butler University.

Fit62Safety72Walk60Study85Afford41

Quiet study environment · Grocery nearby

3622 N Capitol Ave, Indianapolis, IN 46208

3 bed · 1 bath · 1.5 mi from campus · 1,300 sq ft · Single Family

$1,400/mo

~$467/person split 3 ways

View details

Student activity

Be the first student to save this listing near Butler University.

Fit59Safety70Walk53Study72Afford51

Quiet study environment · Grocery nearby

Student Housing Network

Student Housing Network

No roommate requests yet for Butler University. Be the first student looking for housing partners.

5964 Keensburg Dr, Indianapolis, IN 46228

4 bed · 2.5 bath · 1.6 mi from campus · 3,278 sq ft · Single Family

$2,590/mo

~$648/person split 4 ways

View details

Student activity

Be the first student to save this listing near Butler University.

Fit52Safety69Walk40Study80Afford35

Quiet study environment · Grocery nearby

3469 Graceland Ave, Indianapolis, IN 46208

2 bed · 1 bath · 1.6 mi from campus · 1,000 sq ft · Single Family

$1,200/mo

~$600/person split 2 ways

View details

Student activity

Be the first student to save this listing near Butler University.

Fit61Safety72Walk50Study74Afford58

Quiet study environment · Grocery nearby

3836 Central Ave, Apt 3, Indianapolis, IN 46205

1 bed · 1 bath · 1.6 mi from campus · 600 sq ft · Single Family

$1,125/mo

View details

Student activity

Be the first student to save this listing near Butler University.

Fit63Safety75Walk46Study90Afford52

Quiet study environment · Gym & fitness nearby

5347 N College Ave, Indianapolis, IN 46220

1 bed · 1 bath · 1.6 mi from campus · 500 sq ft · Apartment

$1,025/mo

View details

Student activity

Be the first student to save this listing near Butler University.

Fit64Safety70Walk46Study91Afford56

Quiet study environment · Grocery nearby

Page 1 of 62

Listing data provided by RentCast. Distances are straight-line miles from campus coordinates (39.8407, -86.1737). Not affiliated with Butler University.

Recommended next step

Start your housing plan for Butler University — we prioritize steps based on where you are in the journey.

Start housing plan — Save listing
Before you apply

Prepare Before You Apply

Many landlords review financial and credit information during the rental process.

  • Check Credit Score
  • Prepare Income Documents
  • Review Lease Terms
  • Build Credit History
Start Your $1 SmartCredit Trial →

We may earn a commission if you use a partner link. Affiliate disclosure

Explore Life Near Butler University

Campus guides, local events, and student deals — after you've picked a place to live.

Housing Near Butler University: What to Expect

Butler University enrolls 4,383 students, creating steady demand for off-campus housing in Indianapolis, IN. Most students move off-campus after their first or second year either to save money or gain more independence.

Rent near campus ranges from $750/mo for a studio to $1,200/mo for a 2-bedroom — with 3 and 4-bedroom shared units often bringing individual rent down to $500–$750/person/mo.

The area is one of the more affordable student markets in the U.S., with strong value for renters willing to shop around.

Sample apartment types near Butler University

These cards are illustrative—names and descriptions are generated from typical student housing near Indianapolis, IN. Each button searches Apartments.com for real listings near this school (and matches the bedroom count where possible).

Riverside Residences

Best Value

Low-rise townhomes arranged around a central green — perfect for small groups.

$556–$650/mo

Studio · 1 BA · 0.3 mi from campus

Search on Apartments.com

Pinnacle Lofts

Most Popular

Older building with character — garden courtyard, lower rents, walkable location.

$815–$950/mo

1 BR · 1 BA · 0.5 mi from campus

Search on Apartments.com

Summit Square

Gated community with resort-style amenities — pool, gym, and on-site maintenance.

$1,038–$1,200/mo

2 BR · 1 BA · 0.7 mi from campus

Search on Apartments.com

Pinnacle Flats

Quiet residential complex with off-street parking, covered bike storage, and a community garden.

$1,403–$1,600/mo

3 BR · 2 BA · 0.9 mi from campus

Search on Apartments.com

University Commons

Well-maintained mid-rise with 24/7 security, a fitness center, and direct bus access to campus.

$774–$900/mo

1 BR · 1 BA · 1.1 mi from campus

Search on Apartments.com

College Place

New Building

Full-service building with co-working spaces, a coffee lounge, and a private shuttle.

$967–$1,100/mo

2 BR · 2 BA · 1.4 mi from campus

Search on Apartments.com

Grove Square

Gated community with resort-style amenities — pool, gym, and on-site maintenance.

$1,404–$1,600/mo

4 BR · 2 BA · 1.6 mi from campus

Search on Apartments.com

Best Areas to Live Near Butler University

Indianapolis Heights

The closest neighborhood to Butler University's main entrance. Walk to class in minutes — coffee shops and convenience stores line the main strip.

$900–$1,500/moFreshmen

The Loop

A lively area with bars, restaurants, and weekend activity. Ideal if you want a social scene steps from your apartment.

$850–$1,450/moSocial students

Near North

Quieter residential streets with single-family homes converted into multi-unit rentals. More space, lower prices, a short bike ride to campus.

$650–$1,100/moGraduate students

East Side

Downtown location with walkable access to the transit hub, employers, and city amenities — best for students with internships or part-time jobs.

$850–$1,350/moCommuters

Cost of Living Near Butler University

Rent (1BR)$900/mo (1 BR avg)
Food & Groceries~$250/mo (mix of dining hall + groceries)
Transportation~$60/mo (bus pass or bike)
Utilities~$80/mo (as a separate charge if not included)
Estimated Monthly Total~$1,290/mo estimated

Student Housing Tips

Start Early

The best apartments near campus get leased 6–9 months before move-in. If you want August housing, start searching in January–February.

Read the Lease

Check: who pays utilities, guest policies, subletting rules, and what happens if a roommate leaves. Never sign anything you haven't fully read.

Choose Roommates Carefully

Split a 3–4 bedroom and each person's share drops by 30–40%. Use a roommate agreement to align on noise, guests, cleanliness, and bills.

More About Butler University

FAQ — Apartments Near Butler University

What is the cheapest housing near Butler University?
The most affordable option is typically a studio at around $750/mo. Sharing a 3–4 bedroom apartment brings individual costs down to roughly $500–$750/person.
What are the best student neighborhoods near Butler University?
Top areas include Indianapolis Heights, The Loop, Near North, East Side. Each has its own vibe — some are walkable and social, others are quieter and more affordable.
What is the average rent near Butler University?
Expect $750/mo for a studio, $900/mo for a 1BR, and $1,200/mo for a 2BR. Prices vary by proximity to campus and building amenities.
Is it safe to live off-campus near Butler University?
The neighborhoods immediately around campus tend to be well-lit and student-friendly. Always tour in person, check entry security, and read tenant reviews before signing a lease.
How far are apartments from Butler University's campus?
Most student apartments are 0.3–1.5 miles away — a 5–20 minute walk. Bus routes allow students to live 2–3 miles away without needing a car.

AI Housing Advisor

Ask questions about neighborhoods, budgets, and move-in planning for Butler University.

🏠 Get housing alerts