Cheap Homes for Rent in Watson Farms Neighborhood of Indianapolis, IN from $1,300 (28 Rentals)

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Search the lowest-cost Homes available for rent right now in the Watson Farms area of Indianapolis.

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.

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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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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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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.

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Watson Farms, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPriced From
Franklin StudiosStudioStudio,1BA$725
The Life at Harrison Trails1 BED 1 BATH A (LOFT)1BR,1BA$842
Timber Point ApartmentsThe Ayers1BR,1BA$860
M Club ApartmentsA11BR,1BA$881
Lake CastletonCongressional1BR,1BA$896
Fountainview Apartments1BR/1BA1BR,1BA$925
The Residences on 56th StreetBrendonwood1BR,1BA$1,050
TGM Shadeland StationA11BR,1BA$1,069
Bayview Club ApartmentsSweetwater Lake1BR,1BA$1,125
Lenox Apartments1 Bed 1 Bath Apartment - Upgraded1BR,1BA$1,150

Best Value Apartments for Rent in Watson Farms, IN

As of June 14, 2025 the best value apartment in the Watson Farms area is the $1.85 price per square foot Abercrombie Model at Harrison Place Apartments in the in the Far Eastside neighborhood starting from $1,674. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Harrison Place ApartmentsAbercrombie2BR,1BA$1.85
Fountainview Apartments2BR/1BA2BR,1BA$1.42
The Life at Harrison Trails2 BED 1 BATH2BR,1BA$1.30
Harrison Point ApartmentsRuby Reno2BR,1BA$1.52
Lenox Apartments1 Bed 1 Bath Apartment - Upgraded1BR,1BA$1.44
Bayview Club ApartmentsSweetwater Lake1BR,1BA$1.46
Timber Point ApartmentsThe Ayers1BR,1BA$1.19
TGM Shadeland StationA11BR,1BA$1.53
The Residences on 56th StreetBrendonwood1BR,1BA$1.53
M Club ApartmentsA11BR,1BA$1.34

Quick Rent Budget Calculator

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Frequently Asked Questions about Watson Farms

What type of rentals are currently available in Watson Farms?

There are currently 40 Apartments for Rent in Watson Farms, IN with pricing that ranges from $725 to $3,297. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watson Farms ranging from $1,335 to $2,800.

What is the current price range for Rental Homes in Watson Farms?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Watson Farms ranges from $1,335 to $2,800 with an average monthly rent of $2,015.

How much are larger Three and Four Bedroom Rentals in Watson Farms?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Watson Farms range from $1,205 to $3,276, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,335 to $2,450. Four Bedroom Single-Family rentals are also available starting from $2,125 and Four Bedroom Apartments start at $1,415.

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.

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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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.