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$649Studio Apartments Available Now
Franklin Studios
4985 N Franklin RdIndianapolis, IN 46226
Cheap Apartments for Rent in the Watson Farms Neighborhood of Indianapolis, IN from $437 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Watson Farms area of Indianapolis.
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$784 - $1,954
Total Monthly Price
Base Rent$784 - $1,954
Total Monthly PriceVaries
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
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$789 - $1,319Studio to 2 Bedroom Apartments Available Now
The Vineyards Apartment Homes
10101 E Montery RdIndianapolis, IN 46235
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$794 - $1,0401 to 2 Bedroom Apartments Available Now
Serenity Park Apartments
9060 E 39th PlIndianapolis, IN 46235
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$815 - $1,501
Total Monthly Price
Base Rent$815 - $1,501
Total Monthly Price$815 - $1,501
Lake Castleton Apartments
7601 Carlton Arms DrIndianapolis, IN 46256
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.
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$815 - $1,5701 to 4 Bedroom Apartments Available Now
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
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$819 - $1,499Studio to 3 Bedroom Apartments Available Now
Harrison Point Apartments
9093 Bourbon StIndianapolis, IN 46235
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$825 - $1,0751 to 2 Bedroom Apartments Available Now
Brookhaven Apartments
3900 N Shadeland AveIndianapolis, IN 46226
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$825 - $1,5501 to 3 Bedroom Apartments Available Now
Jamestowne Apartments
8917 Duxbury RdIndianapolis, IN 46226
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$842 - $1,2721 to 2 Bedroom Apartments Available Now
The Life at Harrison Trails
5350 Cider Mill LnIndianapolis, IN 46226
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$899 - $1,3791 to 3 Bedroom Apartments Available Now
The Prairies Apartment Homes
4555 N ArlingtonIndianapolis, IN 46226
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$900 - $1,4001 to 3 Bedroom Apartments Available Now
Carriage House East
10174 Tinton CtIndianapolis, IN 46235
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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 3 Bedroom Apartments
Maison Gardens Apartments
8808 Rue Madeleine RueIndianapolis, IN 46226
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1 to 2 Bedroom Apartments
Bellagio Living I
9025 El Dorado PlIndianapolis, IN 46236
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
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1 Bedroom Apartments
Bellagio Living II
8953 Brigadier DrIndianapolis, IN 46226
Showing Results 1-16, 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 | $844 | $649 | $1,229 |
| Watson Farms 1 Bedroom Apartments | $1,079 | $794 | $2,465 |
| Watson Farms 2 Bedroom Apartments | $1,304 | $950 | $3,321 |
| Watson Farms 3 Bedroom Apartments | $1,754 | $1,185 | $7,668 |
| Watson Farms 4 Bedroom Apartments | $1,457 | $1,410 | $1,510 |
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 16 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 $649. Maison Gardens Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $780. 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 | $649 |
| Maison Gardens Apartments | 2 BDR Remodeled | 2BR, 1BA | $780 |
| The Vineyards Apartment Homes | Studio Classic | Studio, 1BA | $789 |
| Serenity Park Apartments | STOP SCROLLING — SERENITY PARK IS UNDER NEW MAN... | 1BR, 1BA | $794 |
| Lake Castleton Apartments | Jackson | Studio, 1BA | $815 |
Best Value Apartments for Rent in Watson Farms, IN
As of September 18, 2026 the best value apartment in the Watson Farms area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Watson Farms apartment is the B4 - Townhome Model at Veridian Castleton in the Berkley Place neighborhood starting at $1,470 with a $1.18 price per square foot. 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. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR, 1.5BA | $1.07 |
| Veridian Castleton | B4 - Townhome | 2BR, 1.5BA | $1.18 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR, 1BA | $0.91 |
| The Lenox Apartment Homes | The Bedford - Renovated | 2BR, 2BA | $1.21 |
| Park Forest Apartments | 2BR/1BA | 2BR, 1BA | $1.07 |
| Apartments @ Marten Court | 2x1 | 2BR, 1BA | $1.15 |
| 6028 Laurel Hall Dr | 2BR/1.0BA | 2BR, 1BA | $1.09 |
| Castleton Manor Apartments | The Banyan | 1BR, 1.5BA | $1.25 |
| Timber Point Apartments | The Ayers | 1BR, 1BA | $1.12 |
| Jamestowne Apartments | Classic | 1BR, 1BA | $1.17 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
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.
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Pet Friendly LifestyleWatson Farms, Indianapolis, IN
Ranked #93
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $865.
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 $784, while the average apartment in Watson Farms costs $1,165.
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 63 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 $286 which is $879 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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