
Cheap Homes for Rent in Watson Farms Neighborhood of Indianapolis, IN from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Watson Farms area of Indianapolis.

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.

8254 Meadowlark Dr
Navigating the Rental Market: Tips for First-Time Renters
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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 | $1,400 | $1,150 | $1,650 |
Watson Farms 3 Bedroom Homes for Rent | $1,719 | $1,250 | $2,550 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Watson Farms, IN
As of May 14, 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 | $1.54 |
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.
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 $3,036. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watson Farms ranging from $1,150 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 $1,150 to $2,550 with an average monthly rent of $1,559.
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
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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.

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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.