Zumper
modified
5+ Days Ago

Highlights

  • Quiet neighborhood
  • Wheelchair accessible
  • Gated community
  • Pet-friendly community
  • Quiet neighborhoods
  • Energy efficient

Location

4927 Encore Dr, Indianapolis, IN 46237, USA|I65-South Emerson
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Contact

Management

Landco Property Management, LLC

Leasing office

(844) 328-9161 ext. 5570

Property Overview

Farhill Lake Apartments has a Zumper Expert Rating of 7.7, with notable strengths in location (9/10) and amenities (8/10), highlighting its excellent balance of value and living standard. The property is situated in a quiet, gated community that is wheelchair accessible and pet-friendly, providing a welcoming environment. With a strong emphasis on transparency and trustworthiness, it distinguishes itself with competitive pricing and a wealth of visual information for potential renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Farhill Lake Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Farhill Lake Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Less expensive
  • Images Available

Floor plans

Farhill Lake Apartments - ED380...2 bed2 bath998 sqft$1,150 /moLake

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Policies and fees

Applicants

Application Fee

One-time. Agent application fee.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About Farhill Lake Apartments

HomeApartments in IndianapolisI65-South Emerson Farhill Lake Apartments

Lake


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Farhill Lake Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Farhill Lake Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Farhill Lake Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Farhill Lake Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Farhill Lake Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Farhill Lake Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Farhill Lake Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Farhill Lake Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Farhill Lake Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address

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Rent trends in I65-South Emerson

2-bedroom apartments at Farhill Lake Apartments cost about 5% less than the average rent price for 2-bedroom apartments in I65-South Emerson.

Median rents as of Jan 31 2026.
I65-South Emerson
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
February 2024$986
March 2024$1,104
April 2024$1,129
May 2024$1,132
June 2024$1,076
July 2024$1,081
August 2024$1,126
September 2024$1,123
October 2024$1,143
November 2024$1,126
December 2024$1,125
January 2025$1,152
February 2025$1,150
March 2025$1,087
April 2025$1,024
May 2025$1,087
June 2025$1,098
July 2025$1,090
August 2025$1,097
September 2025$1,105
October 2025$1,080
November 2025$1,046
December 2025$1,048
January 2026$1,017
A table of 1-bedroom apartment rental data trends in I65-South Emerson
MonthMedian Rent
February 2024$1,075
March 2024$1,078
April 2024$1,112
May 2024$1,094
June 2024$1,113
July 2024$1,135
August 2024$1,202
September 2024$1,158
October 2024$1,060
November 2024$1,117
December 2024$1,142
January 2025$1,262
February 2025$1,177
March 2025$1,098
May 2025$1,074
June 2025$1,106
July 2025$1,104
August 2025$1,126
September 2025$1,078
October 2025$1,048
November 2025$1,030
December 2025$1,036
January 2026$1,034

Affordability calculator

Can I afford to live at 4927 Encore Dr?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$46,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this 2-bedrooms monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.

Schools near Farhill Lake Apartments

Arlington Elementary School

5814 s arlington ave

indianapolis, IN, 46237

K-3Public
B+
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Internet available near Farhill Lake Apartments

Neighborhood

I65-South Emerson | Indianapolis, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 4927 Encore Dr

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 4927 Encore Dr, Indianapolis

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

2/10
No elementary schools within a 30-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

3/10
Limited amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

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