Cheap Apartments for Rent in the Stout Field Neighborhood of Indianapolis, IN from $400 (27 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

$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

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
  • Utilities Included

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
1 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

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
  • Utilities Included

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 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 ListingModel NameBed/BathPriced From
Maple Creek VillageStudioStudio,1BA$700
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio,1BA$750
The Park at Greenhill1 Bedroom, 1 Bath 654 SF - Creek Side1BR,1BA$901
The Hills Apartment Homes1x1 Classic1BR,1BA$949
Ashton PointeOne Bedroom Apartment1BR,1BA$983
The OasisThe Quartz1BR,1BA$984
Carriage House WestThe Windsor1BR,1BA$995
SuncrestMirage1BR,1BA$999
Proctor Place2 Bedroom2BR,1BA$1,033
Plaza at Central GreensOne Bedroom B1601BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ashton PointeThree Bedroom Townhome3BR,1.5BA$1.43
Carriage House WestThe Kincaid2BR,1.5BA$1.35
Auburn Hills ApartmentsAugusta Phase II (Fireplace)2BR,2BA$1.49
Proctor Place2 Bedroom2BR,1BA$1.10
The Park at Greenhill2 Bedroom 1 Bath - 750 SF - Place side2BR,1BA$1.67
The OasisThe Quartz1BR,1BA$1.47
SuncrestMirage1BR,1BA$1.54
The Hills Apartment Homes1x1 Classic1BR,1BA$1.52
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio ,1BA$1.65
Maple Creek VillageStudioStudio ,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.

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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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Pet Friendly Lifestyle
Stout Field, Indianapolis, IN

Ranked #195

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 $1,164.

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.

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