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Beautiful apartments in INDIANAPOLIS, INDIANA
The Stella offers modern studio, one-, and two-bedroom apartments with stainless steel appliances, granite countertops, and in-unit washers and dryers. Enjoy premium amenities like a rooftop deck, pool, fitness center, and pet park—all just 1.5 miles from Monument Circle. Schedule a tour today!
Explore The Stella to find a collection of social, recreational, and relaxing
amenities designed to elevate your apartment living experience in Indianapolis.
Look no further. you’ve found home.
Washer and Dryer In Every Home
State-of-the-Art Fitness Center
Pet-Friendly Apartment Homes
EXPLORE OPEN LIVING SPACES
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floorplans
Our floorplans are custom-designed with high-end finishes that cannot be found anywhere else in Indianapolis. Browse the unique and spacious studio-, one-, and two-bedroom floorplans.
Affordable Living at the stella
At The Stella, we offer income restricted homes designed with you in mind. This means we offer high-quality, affordable living for households that meet specific income and eligibility requirements. Explore the details below — and if you have any questions, our team is happy to help guide you!
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Because of program requirements, households made up entirely of full-time students must meet one of the following exceptions to qualify:
• At least one student is married and files a joint tax return.
• At least one student is enrolled in a job training program receiving assistance under the Job Training Partnership Act or a similar federal, state, or local program.
• At least one student was formerly in foster care.
• At least one student receives Temporary Assistance for Needy Families (TANF) benefits.
• The household consists of a single parent and their children, and neither the parent nor the children are claimed as dependents by another individual. -
To qualify for an income restricted home at The Stella, your household’s gross (pre-tax) annual income must be within the limits listed below. The income limits provided reflect the highest set-aside offered at our community and may not represent every home available. Some homes may have lower income limits based on their designated program requirements. If you have questions about your eligibility, please reach out — we’re here to help!
1 Person per Household - $23,250
2 People per Household - $26,580
3 People per Household - $29,910
4 People per Household - $33,210
5 People per Household - $35,880
6 People per Household - $38,550
7 People per Household - $41,190
8 People per Household - $43,860
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How do I know if I qualify for an income restricted home?
Eligibility is primarily based on your household’s gross (pre-tax) annual income and full-time student status. Review the Students and Income Limits sections above for more information. Our team is also available to answer any questions you have along the way!
Are all homes at The Stella part of the income restricted program?
No, not every home at The Stella is income-restricted through the affordable housing program. All residents must meet the program’s income and eligibility requirements to qualify for an income-restricted home.
What if my income is over the limit?
Because not all homes at The Stella are income-restricted, households exceeding the income limits would not qualify for an income-restricted home. If you’re unsure where you stand, reach out to our team — we’re happy to walk through your options with you!
Do I have to be a first-time renter to qualify?
No, you do not have to be a first-time renter. Your eligibility is based on your income and student status, not your rental history.
What happens if my income changes after I move in?
If your household income increases after you move in, you are usually allowed to remain in your home. However, certain program rules may apply if your income increases significantly. Our team will guide you through any necessary next steps if needed.
Can full-time students live in an income restricted home?
Yes, but with some restrictions. If all household members are full-time students, you must meet one of the specific exceptions listed in the Students section to qualify.
What documents will I need to provide?
You’ll be asked to provide documentation verifying your household income, student status (if applicable), and other standard application information. Our leasing team will provide a full checklist to help make the process easy!
Nestled in convenient INDIANAPOLIS, live at THE STELLA where modern living is a level above the rest.
Explore your new INDIANAPOLIS home
Live near it all at The Stella, just 1.5 miles from Monument Circle. With easy access to the Red Line Rapid Transit Station and IU Health Campus, plus top dining, shopping, and entertainment nearby, you’re always close to what matters. Explore the neighborhood today!
Keep in Touch
Feel free to contact us by phone or send us a note using the form below.
We look forward to meeting you.