
Cheap Homes for Rent in Watson Farms Neighborhood of Indianapolis, IN from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Watson Farms area of Indianapolis.


4430 N Longworth Ave

10104 Meadowlark Dr

8254 Meadowlark Dr

8061 Harrison Dr

6642 E 46th St

4407 N Mitchner Ave

5014 Katherine Dr

7601 Carlton Arms Dr

4712 N Kitley Ave
Watson Farms
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

4934 N Kenyon Dr

4530 Peachwood Ct

4944 Karen Dr
Watson Farms, Indianapolis, IN Local Guide

How much does it cost to rent a home in Watson Farms?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Watson Farms 2 Bedroom Homes for Rent | $1,247 | $1,195 | $1,300 |
Watson Farms 3 Bedroom Homes for Rent | $1,643 | $700 | $2,550 |
Watson Farms 4 Bedroom Homes for Rent | $1,961 | $1,650 | $2,165 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Watson Farms Neighborhood of Indianapolis, IN.
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Watson Farms, Indianapolis, IN Local Guide
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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 16, 2025 the best value apartment in the Watson Farms area is the $1.36 price per square foot Beaumont Model at The Residences on 56th Street in the in the Far Eastside neighborhood starting from $1,469. The second greatest value Watson Farms apartment is the 2 Bed 2 Bath Apartment w/Den - Renovated Model at Lenox Apartments starting at $1,186 with a $1.11 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 | Beaumont | 3BR,2BA | $1.36 |
Lenox Apartments | 2 Bed 2 Bath Apartment w/Den - Renovated | 2BR,2BA | $1.11 |
Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.52 |
Timber Point Apartments | The Ashland | 1BR,1BA | $1.13 |
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 | $1.60 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Watson Farms
What type of rentals are currently available in Watson Farms?
There are currently 44 Apartments for Rent in Watson Farms, IN with pricing that ranges from $725 to $3,007. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watson Farms ranging from $700 to $2,550.
What is the current price range for Rental Homes in Watson Farms?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watson Farms ranges from $700 to $2,550 with an average monthly rent of $1,617.
How much are larger Three and Four Bedroom Rentals in Watson Farms?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watson Farms range from $1,180 to $3,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,435.
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.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.