Stonegate Apartments

1226 North Illinois St, Indianapolis, Indiana 46202

Contact Stonegate Apartments

Welcome to Stonegate Apartments, Enjoy city living and the comfort of Indianapolis-living in this community.

Our spacious 1, 2 and 3 bedroom apartment homes are thoughtfully designed with your comfort in mind and are appointed with the premium materials and finishes you deserve such as central heating and air and dishwashers.

In addition to our great floor plans and maintenance free living, our community has the amenities you would expect and much more. For your pleasure, our community features washer/dryer hookups, on-site laundry, and a fitness center. Enjoy the benefits of community living with the added perks of living minutes away from downtown Indianapolis. Stonegate is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from Lucas Oil Stadium, Shopping, and the Indianapolis Speedway.

Housing Choice Vouchers are accepted at this community. Maximum income guidelines apply. Security deposit required. Call us today to make an appointment to see for yourself why Stonegate should be your new home. We look forward to hearing from you!

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	556	From $531 To $653
1 Bedroom (1/1)	775	$700
2 Bedroom A (2/1)	1005	From $665 To $900
2 Bedroom B (2/2)	1100	From $665 To $900
3 Bedroom (3/2)	1267	From $769 To $1,125

Eligibility for Stonegate Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Indianapolis but actual income limits may differ for units at Stonegate Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$33,850	$38,700	$43,550	$48,350	$52,250	$56,100
Low Income (60%)	$40,620	$46,440	$52,260	$58,020	$62,700	$67,320

Stonegate Apartments Details

53 studio, one, two and three bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
Fitness Center
24hr Emergency Maintenance
Off-Street Parking
On-Site Laundry

Unit Amenities

All Appliances included
Dishwasher
Garbage Disposal
Washer and Dryer Hookup
Cable Ready
Walk-in Closet(s)
Sewer Included
Water Included
Central Heat & Air
Stove
Cable & Internet Ready
Electric Range
Lots of cabinet space
Wall-to-Wall Carpeting

Nearby Amenities

Close to Downtown District
Close to Shopping

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.