8763 E 46th St
IndianapolisIN46226
Cheap Homes for Rent in Watson Farms Neighborhood of Indianapolis, IN from $900 (7 Rentals)
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$1,019Studio Apartments Available Now
Furnished Studio-Indianapolis - Lawrence
9515 Pendleton PikeIndianapolis, IN 46236
8218 E 50th St
IndianapolisIN46226
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.
4905 Barlow Dr
LawrenceIN46226
6713 E 52nd St.
IndianapolisIN46226
6713 52nd St
IndianapolisIN46226
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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4636 N Kitley Ave
IndianapolisIN46226
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Watson Farms, Indianapolis, IN Local Guide
How much does it cost to rent a home in Watson Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watson Farms 2 Bedroom Homes for Rent | $1,375 | $1,150 | $1,600 |
| Watson Farms 3 Bedroom Homes for Rent | $1,539 | $1,250 | $1,945 |
| Watson Farms 4 Bedroom Homes for Rent | $2,806 | $2,250 | $3,500 |
| Watson Farms 5 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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. 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 |
| Harrison Point Apartments | Pearl Reno | Studio,1BA | $869 |
Best Value Apartments for Rent in Watson Farms, IN
As of March 21, 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 in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Watson Farms apartment is the Two Bedroom Two Baths Model at Benjamin Court starting at $1,380 with a $1.43 price per square foot in the Far Eastside 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. |
|---|---|---|---|
| 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 |
| Fountainview Apartments | Vista | 2BR,1BA | $1.40 |
| The Lenox Apartment Homes | The Andover - Upgraded | 1BR,1BA | $1.26 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.24 |
| The Life at Harrison Trails | 1 BED 1 BATH B | 1BR,1BA | $1.31 |
| Jamestowne Apartments | Classic | 1BR,1BA | $1.38 |
| The Residences on 56th | Brookhaven | 1BR,1BA | $1.56 |
| M Club Apartments | A1 | 1BR,1BA | $1.33 |
| Harrison Point Apartments | Pearl Reno | Studio ,1BA | $1.58 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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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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 Watson Farms
What type of rentals are currently available in Watson Farms?
There are currently 42 Apartments for Rent in Watson Farms, IN with pricing that ranges from $725 to $3,269. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watson Farms ranging from $945 to $6,500.
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 $945 to $6,500 with an average monthly rent of $2,633.
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 $1,175 to $3,269, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $1,945. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,340.
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
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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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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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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.
Renting with Roommates: Realistic Expectations for Shared Lease
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.