Cheap Apartments for Rent in the Stout Field Neighborhood of Indianapolis, IN from $494 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Stout Field area of Indianapolis.

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property at 2402 Mars Hill St
$1,245
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

2402 Mars Hill St

IndianapolisIN46241
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Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
  • Utilities Included
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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Central State Mansion
Studio to 3 Bedroom Apartments

Central State Mansion

202 Steeples BlvdIndianapolis, IN 46222
Student Housing
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The Oasis
1 to 3 Bedroom Apartments

The Oasis

4900 Edinborough LnIndianapolis, IN 46241
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Proctor Place
1 to 3 Bedroom Apartments

Proctor Place

240 N Warman AveIndianapolis, IN 46222
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Plaza at Central Greens
1 to 3 Bedroom Apartments

Plaza at Central Greens

3010 W Washington StIndianapolis, IN 46222
  • Utilities Included

Stout Field - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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The Retreat On Washington
1 to 2 Bedroom Apartments

The Retreat On Washington

2950 Kirkbride WayIndianapolis, IN 46222
Senior Living
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Showing Results 1-26, Page 1 of 1

Stout Field, Indianapolis, IN Local Guide

Cheapest Available Stout Field Apartments for Rent

 

The cheapest available apartment rental in the Stout Field area of Indianapolis, IN is a 1 Bed unit found at The Boardwalk at Westlake Apartments and Townhomes priced from $750. Maple Creek Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Stout Field apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Boardwalk at Westlake Apartments and TownhomesOne Bedroom - 617 sqft1BR,1BA$750
Maple Creek Village1 Bed, 1 Bath1BR,1BA$800
The Hills Apartment Homes1x1 Classic1BR,1BA$899
Carriage House WestThe Windsor1BR,1BA$957
Ashton PointeOne Bedroom Apartment1BR,1BA$971
The OasisThe Quartz1BR,1BA$984
Proctor Place2 Bedroom2BR,1BA$1,033
SuncrestMirage1BR,1BA$1,049
Windsor Park1 Bedroom Apartment: The Abbey1BR,1BA$1,110
Auburn Hills ApartmentsTorrey (Fireplace)2BR,2BA$1,320

Best Value Apartments for Rent in Stout Field, IN

As of September 05, 2026 the best value apartment in the Stout Field area is the $1.49 price per square foot Augusta Phase II (Fireplace) Model at Auburn Hills Apartments in the in the Westside Indianapolis neighborhood starting from $1,490. The second greatest value Stout Field apartment is the Two Bedroom Townhome Model at Ashton Pointe starting at $1,456 with a $1.46 price per square foot in the Speedway Wellhead neighborhood. Here is today’s list of the best values for Stout Field apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Auburn Hills ApartmentsAugusta Phase II (Fireplace)2BR,2BA$1.49
Ashton PointeTwo Bedroom Townhome2BR,1.5BA$1.46
Proctor Place2 Bedroom2BR,1BA$1.10
Maple Creek Village3 Bedroom, 1 Bath3BR,1BA$1.29
Carriage House WestThe Addison2BR,1BA$1.34
The Hills Apartment Homes2x1 Upgrade2BR,1BA$1.47
The OasisThe Quartz1BR,1BA$1.47
SuncrestMirage1BR,1BA$1.62
The Boardwalk at Westlake Apartments and TownhomesOne Bedroom - 602 sqft1BR,1BA$1.74
Windsor Park1 Bedroom Apartment: The Abbey1BR,1BA$1.85

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Stout Field, Indianapolis, IN

Ranked #207

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Stout Field Apartments

What is a cheap apartment in Stout Field?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Stout Field is under $1,320.

What is the price of a cheap apartment in Stout Field?

The cheapest apartment in Stout Field is The Boardwalk at Westlake Apartments and Townhomes which is listed at $750, while the average apartment in Stout Field costs $1,185.

What types of apartments are the cheapest in Stout Field?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 73 regular apartments in Stout Field that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Stout Field?

Cheap apartments in Stout Field have an average cost of $515 which is $670 cheaper than the average rent for all rentals in Stout Field.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.