Rent in Butler, IN
A 2-bedroom in Butler, IN (ZIP 46721) typically rents for about $792 a month, with a range of $792–$1,023. Owner-occupied homes in DeKalb County pay about 0.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $765 | $765 | 1 |
| 1 bed | $814 | $814 | 1 |
| 2 beds | $792 | $792–$1,023 | 1 |
| 3 beds | $1,036 | $1,036–$1,270 | 1 |
| 4 beds | $889 | $889–$1,344 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Butler ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Butler, IN?
- About $792 a month: the median of the typical rents in 1 ZIP code, which range from $792–$1,023. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Butler, IN?
- About $814 a month: the median of the typical rents in 1 ZIP code, which range from $814. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Butler, IN?
- About $1,036 a month: the median of the typical rents in 1 ZIP code, which range from $1,036–$1,270. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Butler, IN?
- About $765 a month: the median of the typical rents in 1 ZIP code, which range from $765. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Butler, IN?
- About $889 a month: the median of the typical rents in 1 ZIP code, which range from $889–$1,344. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Butler, IN?
- Owner-occupied homes in DeKalb County pay a typical 0.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Butler rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).