The Residence at White River Apartments
3861 Gable Ln,
Indianapolis, IN 46228
$1,180 - $2,045 | 1-3 Beds
Sitting about five miles north of Downtown Indianapolis, the private Butler University campus covers roughly 295 acres. Founded in 1855, Butler University began as North Western Christian University and was founded by Ovid Butler. Ranking as one of the top universities in the Midwest, Butler offers more than 60 academic programs. The Butler Bulldogs compete in NCAA Division I as part of the Pioneer Football League and the Big East Conference. The Bulldogs football team competes at Butler Bowl stadium. The basketball teams play at the historic Hinkle Fieldhouse, which was built in 1928 and is a National Historic Landmark.
Being just minutes from downtown, apartments near Butler University are plentiful. Sports fans should consider the area of West 49th Street, Boulevard Place, and 52nd Street to live near the Butler Bowl and Hinkle Fieldhouse. Outdoor adventurers might prefer living near the White River and the Central Canal Trail; in that case, West Hampton Road to roughly West 42nd Street on the southwest side of campus would be ideal. Neighborhoods near Butler University include Rocky Ripple, Meridian-Kessler, and Woodstock.
As of July 2025, the average apartment rent in Indianapolis, IN is $975 for a studio, $1,125 for one bedroom, $1,330 for two bedrooms, and $1,534 for three bedrooms. Apartment rent in Indianapolis has increased by 2.2% in the past year.
Studio
473 sq ft
Average Sq Ft
$975/month
Average Rent
1 BR
698 sq ft
Average Sq Ft
$1,125/month
Average Rent
2 BR
991 sq ft
Average Sq Ft
$1,330/month
Average Rent
3 BR
1,289 sq ft
Average Sq Ft
$1,534/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades 2-8
300 Students
Public
Grades PK-6
880 Students
Public
Grades K-8
469 Students
Rosa Parks-Edison Elementary School
Public
Grades PK-5
670 Students
William Henry Burkhart Elementary
Public
Grades PK-5
650 Students
Public
Grades 2-8
300 Students
Public
Grades 7-8
1,292 Students
Public
Grades K-8
469 Students
Perry Meridian 6th Grade Academy
Public
Grades 6
620 Students
Public
Grades 7-8
1,711 Students
Public
Grades 9-12
3,319 Students
Public
Grades 9-12
2,350 Students
Ben Davis University High School
Public
Grades 10-12
358 Students
Public
Grades 9-12
3,628 Students
Public
Grades 9-12
2,861 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.