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$725Studio Apartments Available Now
Franklin Studios
4985 N Franklin RdIndianapolis, IN 46226
Cheap Apartments for Rent in the Watson Farms Neighborhood of Indianapolis, IN from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Watson Farms area of Indianapolis.
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Rent Specials
$810 - $1,5001 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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Rent Specials
$819 - $1,599Studio to 3 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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$842 - $1,2371 to 2 Bedroom Apartments Available Now
The Life at Harrison Trails
5350 Cider Mill LnIndianapolis, IN 46226
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Rent Specials
$875 - $1,791
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$875 - $1,791
Total Monthly Price
$875 - $1,791
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
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.
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$896 - $1,542Studio to 2 Bedroom Apartments Available Now
Lake Castleton Apartments
7601 Carlton Arms DrIndianapolis, IN 46256
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1 to 4 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Peppermill Farms
6830 Mill View DrIndianapolis, IN 46226
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1 Bedroom Apartments
Discover the Best of Lawrence Living at Bellagio Living
8953 Brigadier DrIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Bellagio Living ? - 9025 El Dorado Drive
9025 El Dorado PlIndianapolis, IN 46236
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.
Showing Results 1-10, 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 | $920 | $725 | $1,065 |
| Watson Farms 1 Bedroom Apartments | $1,246 | $810 | $2,265 |
| Watson Farms 2 Bedroom Apartments | $1,399 | $925 | $2,755 |
| Watson Farms 3 Bedroom Apartments | $1,702 | $1,175 | $2,830 |
| Watson Farms 4 Bedroom Apartments | $1,426 | $1,380 | $1,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Watson Farms Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
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. The Life at Harrison Trails has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. 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 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
| Lake Castleton Apartments | Congressional | 1BR,1BA | $896 |
Best Value Apartments for Rent in Watson Farms, IN
As of January 30, 2026 the best value apartment in the Watson Farms area is the $0.92 price per square foot The Delphine Model at Timber Point Apartments in the in the Far Eastside neighborhood starting from $1,380. The second greatest value Watson Farms apartment is the 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements starting at $1,395 with a $1.07 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. |
|---|---|---|---|
| Timber Point Apartments | The Delphine | 4BR,2BA | $0.92 |
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR,1.5BA | $1.07 |
| Benjamin Court | Two Bedroom Two Baths | 2BR,2BA | $1.43 |
| Jamestowne Apartments | Existing | 2BR,1BA | $1.39 |
| Fountainview Apartments | Vista | 2BR,1BA | $1.40 |
| The Life at Harrison Trails | 2 BED 1 BATH | 2BR,1BA | $1.40 |
| Harrison Point Apartments | Ruby Reno | 2BR,1BA | $1.53 |
| Bayview Club Apartments | Lake Maxinkuckee | 1BR,1BA | $1.66 |
| The Residences on 56th Street | Brookhaven | 1BR,1BA | $1.56 |
| M Club Apartments | A1 | 1BR,1BA | $1.52 |
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.
Read ArticleCash 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.
Read ArticleYour 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 LifestyleWatson Farms, Indianapolis, IN
Ranked #162
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 $1,199.
What is the price of a cheap apartment in Watson Farms?
The cheapest apartment in Watson Farms is The Life at Harrison Trails which is listed at $842, while the average apartment in Watson Farms costs $1,599.
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 5 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 $111 which is $1,488 cheaper than the average rent for all rentals in Watson Farms.
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.
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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
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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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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
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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.
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Renting your next home can feel thrilling and overwhelming at the same time.
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Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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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.