
Cheap Apartments for Rent in the Stout Field Neighborhood of Indianapolis, IN from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Stout Field area of Indianapolis.


The Boardwalk at Westlake Apartments and Townhomes

Ashgrove Apartments

3553 W Michigan St, Unit 3553

The Park at Greenhill

The Hills Apartment Homes
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Ashton Pointe

Auburn Hills Apartments

Carriage House West

Suncrest

1269 Farley Dr, Unit 1269

Windsor Park
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Plaza at Central Greens

2402 Mars Hill St

354 S Biltmore Ave

354 S Biltmore Ave

Addison Creek

Fisher Apartments
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Cloverleaf Apartments & Townhomes

Pinewood Village Apartments

Central State Mansion

The Oasis

Proctor Place

The Steeples on Washington
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!

The Retreat On Washington

5042 Melrose Ave

5221 Melrose Ave
Stout Field, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Stout Field?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Stout Field Studio Apartments | $908 | $700 | $1,650 |
| Stout Field 1 Bedroom Apartments | $1,014 | $780 | $1,240 |
| Stout Field 2 Bedroom Apartments | $1,257 | $850 | $1,530 |
| Stout Field 3 Bedroom Apartments | $1,536 | $1,200 | $1,745 |
| Stout Field 4 Bedroom Apartments | $1,932 | $1,663 | $3,184 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Stout Field Neighborhood of Indianapolis, IN.
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Stout Field, Indianapolis, IN Local Guide
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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 Maple Creek Village priced from $700. The Boardwalk at Westlake Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Stout Field apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Creek Village | Studio | Studio,1BA | $700 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 467 sqft | Studio,1BA | $750 |
| The Park at Greenhill | 1 Bedroom, 1 Bath 654 SF - Creek Side | 1BR,1BA | $901 |
| The Hills Apartment Homes | 1x1 Classic | 1BR,1BA | $949 |
| Ashton Pointe | One Bedroom Apartment | 1BR,1BA | $983 |
| The Oasis | The Quartz | 1BR,1BA | $984 |
| Carriage House West | The Windsor | 1BR,1BA | $995 |
| Suncrest | Mirage | 1BR,1BA | $999 |
| Proctor Place | 2 Bedroom | 2BR,1BA | $1,033 |
| Plaza at Central Greens | One Bedroom B160 | 1BR,1BA | $1,164 |
Best Value Apartments for Rent in Stout Field, IN
As of July 22, 2026 the best value apartment in the Stout Field area is the $1.43 price per square foot Three Bedroom Townhome Model at Ashton Pointe in the in the Speedway Wellhead neighborhood starting from $1,593. The second greatest value Stout Field apartment is the The Kincaid Model at Carriage House West starting at $1,351 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.43 |
| Carriage House West | The Kincaid | 2BR,1.5BA | $1.35 |
| Auburn Hills Apartments | Augusta Phase II (Fireplace) | 2BR,2BA | $1.49 |
| Proctor Place | 2 Bedroom | 2BR,1BA | $1.10 |
| The Park at Greenhill | 2 Bedroom 1 Bath - 750 SF - Place side | 2BR,1BA | $1.67 |
| The Oasis | The Quartz | 1BR,1BA | $1.47 |
| Suncrest | Mirage | 1BR,1BA | $1.54 |
| The Hills Apartment Homes | 1x1 Classic | 1BR,1BA | $1.52 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 467 sqft | Studio ,1BA | $1.65 |
| Maple Creek Village | Studio | Studio ,1BA | $1.56 |
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.
Read ArticleYour 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleStout Field, Indianapolis, IN
Ranked #195
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,164.
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 $780, while the average apartment in Stout Field costs $1,788.
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 89 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 $506 which is $1,282 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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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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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.

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.

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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