Cheap Apartments for Rent in the Farhill Woods Neighborhood of Indianapolis, IN from $700 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Farhill Woods area of Indianapolis.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Franklin Cove
1 to 4 Bedroom Apartments

Franklin Cove

8505 Faywood DrIndianapolis, IN 46239
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Farhill Woods, Indianapolis, IN Local Guide

Cheapest Available Farhill Woods Apartments for Rent

 

The cheapest available apartment rental in the Farhill Woods area of Indianapolis, IN is a 2 Beds unit found at Emerson Village priced from $922. Beech Meadow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $974. Here are the most affordable Farhill Woods apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Emerson VillageThe Ruby - Premium2BR,1BA$922
Beech Meadow ApartmentsBirch1BR,1BA$974
Beech Tree Glen Apartments1x1R1BR,1BA$975
Heathmoore - Indianapolis1 Bed 1 Bath1BR,1BA$975
Keeneland Crest ApartmentsBrentwood2BR,2BA$1,014

Best Value Apartments for Rent in Farhill Woods, IN

As of November 01, 2025 the best value apartment in the Farhill Woods area is the $1.44 price per square foot 2 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $1,925. The second greatest value Farhill Woods apartment is the 3 Bedroom Model at Park View at Beech Grove starting at $1,627 with a $1.36 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Farhill Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Park Village2 Bedroom 2.5 Bath Townhome2BR,2.5BA$1.44
Park View at Beech Grove3 Bedroom3BR,2.5BA$1.36
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Keeneland Crest ApartmentsClassic1BR,1BA$1.41
Lakes of WindsorChelsea1BR,1BA$1.53
Beech Tree Glen Apartments1x1R1BR,1BA$1.22
Beech Meadow ApartmentsBirch1BR,1BA$1.30
Ninth Avenue ApartmentsThe Poppy1BR,1BA$1.42
Sundance ApartmentsThe Shore 1 BR 1 BA1BR,1BA$1.50
Emerson VillageThe Cardinal - Premium1BR,1BA$1.52

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Pet Friendly Lifestyle
Farhill Woods, Indianapolis, IN

Ranked #138

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Farhill Woods Apartments

What is the price of a cheap apartment in Farhill Woods?

The cheapest apartment in Farhill Woods is Emerson Village which is listed at $930, while the average apartment in Farhill Woods costs $1,577.

What types of apartments are the cheapest in Farhill Woods?

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 1 regular apartments in Farhill Woods 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 Farhill Woods?

Cheap apartments in Farhill Woods have an average cost of $1,663 which is $0 cheaper than the average rent for all rentals in Farhill Woods.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.