
Cheap Homes for Rent in Farmington Neighborhood of Indianapolis, IN from $1,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Farmington area of Indianapolis.


5264 Traditions Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4110 Mellis Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Farmington, Indianapolis, IN Local Guide

How much does it cost to rent a home in Farmington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Farmington 3 Bedroom Homes for Rent | $1,678 | $1,325 | $2,180 |
Farmington 4 Bedroom Homes for Rent | $1,805 | $1,745 | $1,920 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Farmington Neighborhood of Indianapolis, IN.
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Farmington, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in Farmington, IN
As of July 05, 2025 the best value apartment in the Farmington area is the $1.29 price per square foot 3 Bedroom Townhome Empowerment Model at Carriage House East in the in the Southeast Indianapolis neighborhood starting from $1,422. The second greatest value Farmington apartment is the The Prince Model at Country Lake Townhomes starting at $1,425 with a $1.40 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carriage House East | 3 Bedroom Townhome Empowerment | 3BR,1.5BA | $1.29 |
Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.40 |
Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
Reserve at Franklin Glen | 2BR2B- Reserve at Franklin Glen | 2BR,2BA | $1.31 |
Fountainview Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.54 |
Crosswinds | Earhart | 2BR,1BA | $1.43 |
Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.32 |
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 Farmington
What type of rentals are currently available in Farmington?
There are currently 61 Apartments for Rent in Farmington, IN with pricing that ranges from $675 to $2,979. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,325 to $2,180.
What is the current price range for Rental Homes in Farmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmington ranges from $1,325 to $2,180 with an average monthly rent of $1,741.
How much are larger Three and Four Bedroom Rentals in Farmington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Farmington range from $1,225 to $2,979, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,180. Four Bedroom Single-Family rentals are also available starting from $1,745 and Four Bedroom Apartments start at $1,920.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.