About This Property
Stratford Place Apts comprises 120 units in Indianapolis, including 106 low-income units available to eligible households. The community offers a range of floor plans with eight 1-bedroom, 62 two-bedroom, 36 three-bedroom, and 14 four-bedroom units. Built in 2004, the property provides housing options for families and individuals in Marion County.
Waitlist Information
Waitlist managed by Indianapolis Housing Agency
Online pre-applications are accepted for open waiting lists including Elderly Disabled Public Housing- Subsidized and Family Public Housing-Subsidized. Rent is income-based, and income limits apply. Eligibility includes meeting HUD citizenship/immigration status, applicant selection criteria, student status criteria, criminal activity screening, and acceptable prior rental history. Applicants with disabilities needing assistance or without computer access can call 317.261.7299.
The Section 8 waiting list is closed. Applications from the 2016 Lottery opening are currently being processed. Future waitlist openings will be publicly announced.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Marion County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $982 |
| 1 Bedroom | $1,145 |
| 2 Bedroom | $1,349 |
| 3 Bedroom | $1,758 |
| 4 Bedroom | $2,126 |
Income Limits - Marion County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,600
- Low (80%)
- $45,750
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,650
- Low (80%)
- $52,250
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,800
- Low (80%)
- $65,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,100
- Low (80%)
- $70,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,600
- Low (80%)
- $81,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,900
- Low (80%)
- $86,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,600 | $45,750 |
| 2 Persons | $19,600 | $32,650 | $52,250 |
| 3 Persons | $22,050 | $36,750 | $58,800 |
| 4 Persons | $26,500 | $40,800 | $65,300 |
| 5 Persons | $31,040 | $44,100 | $70,550 |
| 6 Persons | $35,580 | $47,350 | $75,750 |
| 7 Persons | $40,120 | $50,600 | $81,000 |
| 8 Persons | $44,660 | $53,900 | $86,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Indianapolis, IN?+
The Fair Market Rent (FMR) for Marion County, IN is: $982 (Studio), $1145 (1BR), $1349 (2BR), $1758 (3BR), $2126 (4BR). Actual rent at subsidized properties like Stratford Place Apts is typically 30% of household income or less.
What size apartments are available at Stratford Place Apts?+
Stratford Place Apts offers the following unit types: 8 One-Bedroom, 62 Two-Bedroom, 36 Three-Bedroom, 14 Four-Bedroom units, for a total of 120 units.
Who manages Stratford Place Apts?+
Stratford Place Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Marion County, IN?+
For a 4-person household in Marion County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,800, Low Income (80% AMI): $65,300. These limits are set by HUD and updated annually.
How do I apply for housing at Stratford Place Apts?+
Stratford Place Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Is there a waitlist for Stratford Place Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Indianapolis, IN?+
Based on Fair Market Rent for Marion County, the estimated price range is: 1-bedroom: $1145, 2-bedroom: $1349, 3-bedroom: $1758. Actual rent at Stratford Place Apts may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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