close
View Me
Cheap Apartments for Rent in the Watson Farms Neighborhood of Indianapolis, IN from $600 (18 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
Contact Us For Pricing1 to 2 Bedroom Apartments Available Now
Lenox Apartments
5421 Calder WayIndianapolis, IN 46226
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 $896Studio to 2 Bedroom Apartments Available Now
Lake Castleton
7601 Carlton Arms DrIndianapolis, IN 46256
close
View Me
Rent Specials
from $9251 to 2 Bedroom Apartments Available Now
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
close
View Me
from $8951 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
close
View Me
from $950Studio to 3 Bedroom Apartments Available Now
Spanish Oaks
3645 Wingate CtIndianapolis, IN 46235
close
View Me
Rent Specials
from $991Studio to 2 Bedroom Apartments Available Now
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
Watson Farms
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
close
View Me
close
View Me
7725 E 50th St
IndianapolisIN46226
close
View Me
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
Showing Results 1-18, 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 | $896 | $725 | $1,065 |
| Watson Farms 1 Bedroom Apartments | $1,306 | $769 | $2,331 |
| Watson Farms 2 Bedroom Apartments | $1,513 | $899 | $2,709 |
| Watson Farms 3 Bedroom Apartments | $1,799 | $1,175 | $3,021 |
| Watson Farms 4 Bedroom Apartments | $1,693 | $1,430 | $2,205 |
Browse Apartments in this Neighborhood
There are currently 18 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 April 14, 2025 the best value apartment in the Watson Farms area is the $1.35 price per square foot Devington Model at The Residences on 56th Street in the in the Far Eastside neighborhood starting from $1,499. The second greatest value Watson Farms apartment is the 2 BED 1.5 BATH Model at The Life at Harrison Trails starting at $1,277 with a $1.33 price per square foot in the Far Eastside 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. |
|---|---|---|---|
| The Residences on 56th Street | Devington | 2BR,2BA | $1.35 |
| The Life at Harrison Trails | 2 BED 1.5 BATH | 2BR,1.5BA | $1.33 |
| Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.52 |
| Timber Point Apartments | The Ashland | 1BR,1BA | $1.08 |
| Harrison Place Apartments | Tyndale | 1BR,1BA | $1.69 |
| TGM Shadeland Station | A1 | 1BR,1BA | $1.53 |
| Benjamin Court | One Bedroom One Bath | 1BR,1BA | $1.55 |
| M Club Apartments | A1 | 1BR,1BA | $1.51 |
| 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 #93
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 a cheap apartment in Watson Farms?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Watson Farms is under $1,036.
What is the price of a cheap apartment in Watson Farms?
The cheapest apartment in Watson Farms is Serenity Park Apartments which is listed at $769, while the average apartment in Watson Farms costs $1,677.
What types of apartments are the cheapest in Watson Farms?
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 6 regular apartments in Watson Farms 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 Watson Farms?
Cheap apartments in Watson Farms have an average cost of $181 which is $1,496 cheaper than the average rent for all rentals in Watson Farms.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.