At $1,475 a month, this apartment is well above the typical rent for 2-bedroom apartments and condos in Indianapolis (about $1,150).
Typical $1,150This home $1,475
$900$1,650
From 191 two-bedroom apartments and condos listed in Indianapolis on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,150Typical rent for 2-bedroom apartments and condos in Indianapolis
This home was last listed for rent on RentalSource from June to October 2026, ending at $800. Today's rent is $675 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
October 31, 2026
Listed for rent
$1,475+84.4%
+84.4%
October 3, 2026
Listing removed
$800
June 6, 2026
Listing removed
$800−3.0%
−3.0%
February 19, 2026
Price change
$825−7.8%
−7.8%
January 14, 2026
Listed for rent
$895
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 4 N Butler Ave #8?
Bedrooms
2 bedrooms
30%
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$59,000 /year
With your chosen rent-to-income ratio, an annual income of $59,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,475 per month.