close
View Me
$665Studio Apartments Available Now
4985 N Franklin Rd, Unit 1
4985 N Franklin RdIndianapolis, IN 46226
Cheap Homes for Rent in the Farmington Neighborhood of Indianapolis, IN from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Farmington area of Indianapolis.
3967 Downes Dr
IndianapolisIN46235
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
9438 Conried Dr
IndianapolisIN46235
3826 Ireland Dr
IndianapolisIN46235
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
Showing Results 1-4, Page 1 of 1
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 | $1,722 | $1,195 | $2,100 |
| Farmington 4 Bedroom Homes for Rent | $1,700 | $1,545 | $1,950 |
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.
Explore Indianapolis
Farmington, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Farmington, IN
As of July 12, 2026 the best value apartment in the Farmington area is the $1.07 price per square foot 3 bd F Remod Model at Postbrook East Apartments in the in the Southeast Indianapolis neighborhood starting from $1,180. The second greatest value Farmington apartment is the 3 Bedroom Townhome – Empowerment Model at Carriage House East starting at $1,450 with a $1.32 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. |
|---|---|---|---|
| Postbrook East Apartments | 3 bd F Remod | 3BR,1BA | $1.07 |
| Carriage House East | 3 Bedroom Townhome – Empowerment | 3BR,1.5BA | $1.32 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.35 |
| Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
| Apartments @ Marten Court | 2x1 with washer/dryer | 2BR,1BA | $1.23 |
| The Reserve at Franklin Glenn | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| The Haciendas | Two Bedroom | 2BR,1BA | $1.36 |
| Crosswinds | Earhart | 2BR,1BA | $1.40 |
| Jamestowne Apartments | Classic | 1BR,1BA | $1.31 |
| Serenity Park Apartments | STOP SCROLLING — SERENITY PARK IS UNDER NEW MAN... | 1BR,1BA | $1.33 |
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.
Read Article
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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 Farmington area?
If you’re an expert on all things Farmington, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleFarmington, Indianapolis, IN
Ranked #127
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Farmington
What type of rentals are currently available in Farmington?
There are currently 28 Apartments for Rent in Farmington, IN with pricing that ranges from $665 to $3,679. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $1,195 to $2,100.
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 $1,195 to $2,100 with an average monthly rent of $1,711.
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 $3,679, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $1,536.
Expert Rental Resources
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.
Helpful Local Expert Guides
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.
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.