Cheap Apartments for Rent in the Stout Field Neighborhood of Indianapolis, IN from $400 (9 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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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
  • Utilities Included

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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 Studio unit found at The Boardwalk at Westlake Apartments and Townhomes priced from $765. The Hills Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here are the most affordable Stout Field apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Boardwalk at Westlake Apartments and TownhomesStudio - 441 sqftStudio,1BA$765
The Hills Apartment Homes1x1 - Classic1BR,1BA$849
SuncrestMirage1BR,1BA$949

Best Value Apartments for Rent in Stout Field, IN

As of December 05, 2025 the best value apartment in the Stout Field area is the $1.40 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the Speedway Wellhead neighborhood starting from $1,562. The second greatest value Stout Field apartment is the Augusta Phase II (Fireplace) Model at Auburn Hills Apartments starting at $1,490 with a $1.49 price per square foot in the Westside Indianapolis 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.
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.40
Auburn Hills ApartmentsAugusta Phase II (Fireplace)2BR,2BA$1.49
Carriage House WestThe Addison2BR,1BA$1.50
Covington SquareTwo Bedroom One Bath2BR,1BA$1.42
The Boardwalk at Westlake Apartments and TownhomesTwo Bedroom 1 Bath - 780 sqft2BR,1BA$1.80
SuncrestStarburst1BR,1BA$1.52
Proctor Place1 Bedroom1BR,1BA$1.53
The OasisThe Quartz1BR,1BA$1.45
The Park at Greenhill1 Bedroom 1 Bath 654 SF CS - Upgrade1BR,1BA$1.49
The Hills Apartment Homes1x1 - Renovated1BR,1BA$1.76

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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Pet Friendly Lifestyle
Stout Field, Indianapolis, IN

Ranked #192

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Stout Field Neighborhood in Indianapolis, IN

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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 $805, while the average apartment in Stout Field costs $1,712.

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 42 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 $521 which is $1,191 cheaper than the average rent for all rentals in Stout Field.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!