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Cheap Apartments for Rent in the Watson Farms Neighborhood of Indianapolis, IN from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Watson Farms area of Indianapolis.
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Rent Specials
from $780Studio to 2 Bedroom Apartments Available Now
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
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from $8421 to 2 Bedroom Apartments Available Now
The Life at Harrison Trails
5350 Cider Mill LnIndianapolis, IN 46226
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from $8501 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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.
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from $896Studio to 2 Bedroom Apartments Available Now
Lake Castleton
7601 Carlton Arms DrIndianapolis, IN 46256
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from $8991 to 2 Bedroom Apartments Available Now
Lenox Apartments
5421 Calder WayIndianapolis, IN 46226
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from $9091 to 2 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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from $9251 to 2 Bedroom Apartments Available Now
Fountainview Apartments
4800 N Post RdIndianapolis, IN 46226
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3 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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1 Bedroom Apartments
Discover the Best of Lawrence Living at Bellagio Living
8953 Brigadier DrIndianapolis, IN 46226
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.
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1 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
Showing Results 1-14, Page 1 of 1
Watson Farms, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Watson Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watson Farms Studio Apartments | $941 | $725 | $1,252 |
| Watson Farms 1 Bedroom Apartments | $1,310 | $815 | $2,229 |
| Watson Farms 2 Bedroom Apartments | $1,471 | $990 | $2,768 |
| Watson Farms 3 Bedroom Apartments | $1,758 | $1,220 | $3,281 |
| Watson Farms 4 Bedroom Apartments | $1,602 | $1,455 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 14 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. M Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. 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 |
| M Club Apartments | A1 | 1BR,1BA | $833 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $850 |
| Lake Castleton | Congressional | 1BR,1BA | $896 |
Best Value Apartments for Rent in Watson Farms, IN
As of May 31, 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 Ayers | 1BR,1BA | $1.17 |
| Bayview Club Apartments | Lake Maxinkuckee | 1BR,1BA | $1.57 |
| TGM Shadeland Station | A1 | 1BR,1BA | $1.53 |
| The Residences on 56th Street | Brendonwood | 1BR,1BA | $1.49 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.26 |
| M Club Apartments | A1 | 1BR,1BA | $1.27 |
| Lake Castleton | Congressional | 1BR,1BA | $1.87 |
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Pet Friendly LifestyleWatson Farms, Indianapolis, IN
Ranked #95
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Watson Farms, Indianapolis, IN
School data provided by Great Schools
Frequently Asked Questions about Cheap Watson Farms Apartments
What is a cheap apartment in Watson Farms?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Watson Farms is under $1,132.
What is the price of a cheap apartment in Watson Farms?
The cheapest apartment in Watson Farms is M Club Apartments which is listed at $833, while the average apartment in Watson Farms costs $1,675.
What types of apartments are the cheapest in Watson Farms?
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 3 regular apartments in Watson Farms 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 Watson Farms?
Cheap apartments in Watson Farms have an average cost of $217 which is $1,458 cheaper than the average rent for all rentals in Watson Farms.
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.
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.
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.