close
View Me
Cheap Apartments for Rent in the Watson Farms Neighborhood of Indianapolis, IN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Watson Farms area of Indianapolis.
close
View Me
Rent Specials
from $7691 to 3 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
close
View Me
Rent Specials
from $829Studio to 2 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
close
View Me
from $8701 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
Rent Specials
from $879Studio to 3 Bedroom Apartments Available Now
Kingston Square Apartments
7171 Twin Oaks DrIndianapolis, IN 46226
close
View Me
Rent Specials
from $9251 to 2 Bedroom Apartments Available Now
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
close
View Me
Rent Specials
from $896Studio to 2 Bedroom Apartments Available Now
Lake Castleton
7601 Carlton Arms DrIndianapolis, IN 46256
close
View Me
Rent Specials
from $950Studio to 3 Bedroom Apartments Available Now
Spanish Oaks
3645 Wingate CtIndianapolis, IN 46235
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
Rent Specials
from $985Studio to 2 Bedroom Apartments Available Now
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
close
View Me
close
View Me
close
View Me
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
close
View Me
3 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
close
View Me
close
View Me
1 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
close
View Me
1 Bedroom Apartments
Discover the Best of Lawrence Living at Bellagio Living
8953 Brigadier DrIndianapolis, IN 46226
Watson Farms - 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!
Showing Results 1-16, Page 1 of 1
Watson Farms, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Watson Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watson Farms Studio Apartments | $920 | $725 | $1,065 |
| Watson Farms 1 Bedroom Apartments | $1,302 | $769 | $2,308 |
| Watson Farms 2 Bedroom Apartments | $1,451 | $899 | $2,968 |
| Watson Farms 3 Bedroom Apartments | $1,761 | $1,195 | $2,921 |
| Watson Farms 4 Bedroom Apartments | $1,604 | $1,455 | $2,165 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Watson Farms Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Watson Farms, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Watson Farms Apartments for Rent
The cheapest available apartment rental in the Watson Farms area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $725. Serenity Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Watson Farms apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio,1BA | $725 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
| Kingston Square Apartments | The Ash | Studio,1BA | $879 |
| Lake Castleton | Congressional | 1BR,1BA | $896 |
Best Value Apartments for Rent in Watson Farms, IN
As of May 10, 2025 the best value apartment in the Watson Farms area is the $1.21 price per square foot 2 Bed 2 Bath Apartment w/Den - Renovated Model at Lenox Apartments in the in the Far Eastside neighborhood starting from $1,300. The second greatest value Watson Farms apartment is the 2BR/1BA Model at Fountainview Apartments starting at $1,225 with a $1.42 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Watson Farms apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lenox Apartments | 2 Bed 2 Bath Apartment w/Den - Renovated | 2BR,2BA | $1.21 |
| Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.52 |
| Timber Point Apartments | The Ashland | 1BR,1BA | $1.13 |
| The Residences on 56th Street | Brookhaven | 1BR,1BA | $1.52 |
| TGM Shadeland Station | A1 | 1BR,1BA | $1.53 |
| Benjamin Court | One Bedroom One Bath | 1BR,1BA | $1.55 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.26 |
| M Club Apartments | A1 | 1BR,1BA | $1.50 |
| Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Quick 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.
Let everyone know!
Do you know the Watson Farms area?
If you’re an expert on all things Watson Farms, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleWatson Farms, Indianapolis, IN
Ranked #80
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Watson Farms, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Watson Farms Apartments
What is the Cheapest Studio apartment in Watson Farms?
Currently the most affordable Cheap Studio Apartment in Watson Farms is at Franklin Studios listed at $725.
How much is rent for a Cheap One Bedroom Watson Farms Apartment?
The lowest price for a Cheap One Bedroom Watson Farms Apartment is $769 at Serenity Park Apartments.
What is the lowest price for a Cheap Two Bedroom Watson Farms Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Watson Farms is starting from $899 at Serenity Park Apartments.
What is the most affordable Watson Farms Three Bedroom Apartment?
The best deal on a cheap Watson Farms Three Bedroom Apartment rental is at Timber Point Apartments and starts from $1,180.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.