Emerson Village Apartments

Verified
This is a CoStar Verified® Listing

Emerson Village in Indianapolis, IN is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

(463) 300-6125
Check Availability
5140 Emerson Village Pl, Indianapolis, IN 46237

Photos

Contact

Emerson Village

5140 Emerson Village Pl
Indianapolis, IN 46237
(463) 300-6125
Emerson Village in Indianapolis, IN - Building Photo
  • 1–2 Bedrooms
  • $927-$1,306 Pricing
  • 612–998 Square Feet

Rent Specials

Move in by April 30th and receive $500 off your 1st full month's rent

About Emerson Village

Emerson Village is located in the South Emerson Neighborhood and 46237 Zip code of Indianapolis, IN. This community is professionally managed by Birge & Held Asset Management

Unique Features and Amenities

  • 1st Floor Premium
  • B&H Reno - Emerson Village
  • Black Appliances
  • Brown Cabinets
  • Covered Parking
  • Full Vinyl LVT Flooring
  • Glazed Countertops
  • Partial Vinyl LVT Flooring
  • Previous Renovation
  • Short-term lease
  • Upgraded Lighting
  • Upgraded Paint
  • Vinyl Countertops
  • Washer/Dryer Hookup in Select Homes
  • White Cabinets

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Emerson Village offers 1 to 2 Bedroom apartments starting from $945 and having 612–998 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    The Cardinal - Premium

    From $945

    1 Bed, 1 Bath, 612 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $945Available Now201612
    $945Available Now202612
    $945Available Now202612

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • Covered Parking

    Model Rent and Fees

    Model Price Range

    • $927 - $953

    Current Available Pricing

    • $945

    Unit 201 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Glazed Countertops
    • Partial Vinyl LVT Flooring
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 201 Rent and Fees

    Unit Price

    • $945

    Model Rent and Fees

    Model Price Range

    • $927 - $953

    Unit 202 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 202 Rent and Fees

    Unit Price

    • $945

    Model Rent and Fees

    Model Price Range

    • $927 - $953

    Unit 202 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Glazed Countertops
    • Partial Vinyl LVT Flooring
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 202 Rent and Fees

    Unit Price

    • $945

    Model Rent and Fees

    Model Price Range

    • $927 - $953

    The Redwood - Premium

    $1,052

    1 Bed, 1 Bath, 730 sq ft
    Available Jun 2

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,052 June 2, 2026104730
    $1,052 June 3, 2026102730
    $1,052 June 24, 2026107730

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Ceiling Fans
    • Heating
    • Satellite TV
    • Tub/Shower
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Kitchen
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,052

    Unit 104 Amenities and Features

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 104 Rent and Fees

    Unit Price

    • $1,052

    Model Rent and Fees

    Price

    • $1,052

    Unit 102 Amenities and Features

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 102 Rent and Fees

    Unit Price

    • $1,052

    Model Rent and Fees

    Price

    • $1,052

    Unit 107 Amenities and Features

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 107 Rent and Fees

    Unit Price

    • $1,052

    Model Rent and Fees

    Price

    • $1,052
  • 2 Bedrooms

    The Ruby - Premium

    $1,195

    2 Beds, 1 Bath, 768 sq ft
    Available Now
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,195Available Now107768
    $1,195Available Now104768

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • Covered Parking

    Model Rent and Fees

    Model Price

    • $1,195

    Unit 107 Amenities and Features

    Features

    • Washer/Dryer Hookup

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 107 Rent and Fees

    Unit Price

    • $1,195

    Model Rent and Fees

    Price

    • $1,195

    Unit 104 Amenities and Features

    Features

    • Washer/Dryer Hookup

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 104 Rent and Fees

    Unit Price

    • $1,195

    Model Rent and Fees

    Price

    • $1,195

    The Tuscan - Premium

    From $1,231

    2 Beds, 1.5 Baths, 968 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,266Available Now106968
    $1,256 April 25, 2026101968
    $1,248 May 19, 2026202968

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • Covered Parking

    Model Rent and Fees

    Model Price Range

    • $1,231 - $1,266

    Current Available Pricing

    • $1,248 - $1,266

    Unit 106 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 106 Rent and Fees

    Unit Price

    • $1,266

    Model Rent and Fees

    Model Price Range

    • $1,231 - $1,266

    Unit 101 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 101 Rent and Fees

    Unit Price

    • $1,256

    Model Rent and Fees

    Model Price Range

    • $1,231 - $1,266

    Unit 202 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 202 Rent and Fees

    Unit Price

    • $1,248

    Model Rent and Fees

    Model Price Range

    • $1,231 - $1,266

    The Burgandy - Premium

    From $1,291

    2 Beds, 2 Baths, 998 sq ft
    Available Now
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,301Available Now207998
    $1,301Available Now204998
    $1,306 April 21, 2026103998

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • Covered Parking

    Model Rent and Fees

    Model Price Range

    • $1,291 - $1,306

    Current Available Pricing

    • $1,301 - $1,306

    Unit 207 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • Black appliances
    • Brown Cabinets
    • Covered Parking
    • Partial Vinyl LVT Flooring
    • Previous Renovation
    • Upgraded Paint
    • Vinyl Countertops

    Unit 207 Rent and Fees

    Unit Price

    • $1,301

    Model Rent and Fees

    Model Price Range

    • $1,291 - $1,306

    Unit 204 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Glazed Countertops
    • Partial Vinyl LVT Flooring
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 204 Rent and Fees

    Unit Price

    • $1,301

    Model Rent and Fees

    Model Price Range

    • $1,291 - $1,306

    Unit 103 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Heating
    • Satellite TV

    Kitchen

    • Dishwasher
    • Range
    • Refrigerator

    Living Space

    • Window Coverings

    Unique Features

    • 1st Floor Premium
    • B&H Reno - Emerson Village
    • Black appliances
    • Covered Parking
    • Full Vinyl LVT Flooring
    • Glazed Countertops
    • Upgraded Lighting
    • Upgraded Paint
    • White Cabinets

    Unit 103 Rent and Fees

    Unit Price

    • $1,306

    Model Rent and Fees

    Model Price Range

    • $1,291 - $1,306
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (463) 300-6125 to schedule a tour.

3D Tours

Property Information

  • 352 Units
  • 2 Stories
  • Built in 1987

Lease Terms

  • 4 - 16 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$70.00
Due at Move-In
Administrative FeeiCharged per unit.$150.00

Other Fees and Policies

Pet Fees

Cat
One-Time Pet FeeiMax of 2. Charged Per Pet.$300.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00/mo
Restrictions:

We welcome 2 pets per apartment home. There is a $300 non-refundable pet fee. Pet rent is $35 per month. There is no weight limit. Aggressive breeds are prohibited.

Comments:

Max of 2. 2nd pet is $100 .

Dog
One-Time Pet FeeiMax of 2. Charged Per Pet.$300.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$35.00/mo
Restrictions:

We welcome 2 pets per apartment home. There is a $300 non-refundable pet fee. Pet rent is $35 per month. There is no weight limit. Aggressive breeds are prohibited.

Comments:

Max of 2. 2nd pet is $100.

Parking Fees

Other
Parking DepositiCharged per vehicle.$0.00
Comments:

Surface lots and carports available, call for pricing and availability.

Surface Lot
Parking DepositiCharged Per Vehicle.$0.00
Comments:

Surface lots and carports available, call for pricing and availability.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Property Manager On Site
  • Laundry Facilities

Community Features

  • Clubhouse
  • Corporate Housing
  • Walk Up

Outdoor Features

  • Courtyard
  • Sundeck
  • Picnic Area
  • Controlled Access
  • Patio

Recreation and Fitness

  • Fitness Center
  • Playground
  • Pool

Interior Features

  • Balcony
  • Tub/Shower
  • Satellite Tv
  • Ceiling Fans
  • Heating
  • Washer/Dryer Hookup
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Oven
  • Range
  • Refrigerator
  • Kitchen

Living Area Features

  • Walk In Closets
  • Window Coverings
Google Map

Map

5140 Emerson Village Pl, Indianapolis, IN 46237

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
Saturday10:00 am–5:00 pm
SundayClosed

Frequently Asked Questions about Emerson Village

Where is Emerson Village located?

Emerson Village is located at 5140 Emerson Village Pl near the South Emerson area of Indianapolis, IN

What is the current rent range at Emerson Village?

1 Bedroom to 2 Bedroom Apartments at Emerson Village currently range from $945 to $1,306

When is the leasing office open?

  • The office Hours for Emerson Village are
  • Monday 9:00 am–6:00 pm
  • Tuesday 9:00 am–6:00 pm
  • Wednesday 9:00 am–6:00 pm
  • Thursday 9:00 am–6:00 pm
  • Friday 9:00 am–6:00 pm
  • Saturday 10:00 am–5:00 pm
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Emerson Village is: Move in by April 30th and receive $500 off your 1st full month's rent.

Lifestyle Ratings

  • Affordability Nice Value3.4

    The Emerson Village Apartments are 20.35% cheaper than the average apartment in the South Emerson area, and 30.4% cheaper than the average apartment city-wide.

    Rent Comparison to the South Emerson Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$927$1,244-$317-25.5%
    2 Bedroom$1,195$1,409-$214-15.2%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$927$1,389-$462-33.3%
    2 Bedroom$1,195$1,648-$453-27.5%

    Methodology: On 04/16/2026, ApartmentHomeLiving.com compared current rents by floorplan to 80 other apartment communities in the immediate area around Emerson Village (South Emerson), and 2088 other apartment communities in Indianapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 04/16/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

3.9
3 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Great Community and Staff

    August 7, 2025
    The property has been renovated and the staff is amazing. I really love living here.
    • Property Manager Responded

      August 9, 2025
      Thanks for the review! We appreciate you taking the time to share your feedback. Please let us know if we can do something to make your experience even better!
    Review from Apartments.com
  • I regret moving here

    October 21, 2021
    I have been here for over a month and it's been extremely disappointing. The apartment model and the apartment you get are very different. The apartment was in very poor condition on move in. I don't think they put in any effort to making it 'move in ready' at all. There excuse to me was that the maintenance manager was on vacation the week we moved in but when we spoke with him he said he just got the job. I have had MAJOR problems and not a single thing has been fixed since move in. This ...
    includes no deadbolt strike plate, leaking when it rains, leaking toilet, and an open window that won't shut (as it is getting freezing out). Do NOT waste your money here.
    Read More
    Review from Apartments.com
  • Don’t move here.

    December 21, 2019
    I lived here for 15 months and I hated it. I had to call maintenance 16 times for all the problems I had. First I had ants so bad in my daughters room they were in her bed biting her. Then there was the mice. I caught 4 and saw sooo many more. When I called the office about it she said “well we put traps down and that’s all we can do about it”. There was a nest in my wall so they were everywhere. It was a the worst apartment I ever live in! DON’T MOVE HERE. THEY ARE DISGUSTING!!!
    Review from Apartments.com

Nearby Schools

Bunker Hill Elementary School

Franklin Township Com Sch Corp
6620 Shelbyville Road
Public School - Grades K-5 (501 Students)
Located Nearby4 minute drive / 2.1 miles away
Property Identified
5/10

Franklin Township Middle School West

Franklin Township Com Sch Corp
7620 Edgewood Avenue
Public School - Grades 6-8 (924 Students)
Located Nearby5 minute drive / 2.6 miles away
Property Identified
6/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Emerson Village.

Arts Museums and Landmarks

Lucas Oil Stadium

500 South Capitol Ave
13 minute drive / 6.48 miles away

ArtsGarden

50 W. Washington Street
14 minute drive / 6.79 miles away

Indianapolis Repertory Theater

140 W. Washington Street
14 minute drive / 6.85 miles away

Big Box and Retail

Kroger

5350 E Thompson Rd
1 minute drive / 0.48 miles away

Lowe's

4444 S Emerson Ave
2 minute drive / 0.89 miles away

Kohl's

4850 E Southport Rd
4 minute drive / 1.54 miles away

Colleges and Universities

University of Indianapolis

1400 E Hanna Ave
6 minute drive / 3.21 miles away

Indiana University-Indianapolis

425 University Blvd
16 minute drive / 7.76 miles away

Indiana University School of Medicine

340 W 10th St
17 minute drive / 8.07 miles away

Groceries

Kroger

5350 E Thompson Rd
1 minute drive / 0.48 miles away

Aldi

6691 E Washington St
12 minute drive / 5.77 miles away

Hospitals

Franciscan Health Indianapolis

8111 S Emerson Ave
6 minute drive / 2.88 miles away

Community Hospital South

1402 E County Line Rd S
10 minute drive / 4.73 miles away

Valle Vista Health System

898 E Main St
11 minute drive / 5.25 miles away

Military Bases

Naval Avionics Center

15 minute drive / 7.17 miles away

Parks and Recreation

Garfirled Conservatory

2505 Conservatory Drive
9 minute drive / 4.35 miles away

White River State Park

White River State Park
15 minute drive / 7.38 miles away

Benjamin Harrison House

1230 North Delaware Street
16 minute drive / 7.57 miles away

Emerson Village has 4 parks within 9.3 miles, including Garfirled Conservatory, White River State Park, Benjamin Harrison House, and SpaceQuest Planetarium.

Restaurants and Dining

Iaria's Italian Restaurant

317 South College Avenue
13 minute drive / 6.08 miles away

Elements

415 North Alabama Street
14 minute drive / 6.9 miles away

Gabriel's Cafe

320 North Meridian St
15 minute drive / 7.01 miles away

Shopping Centers

Southpointe Commons

5135 S Emerson Ave
1 minute drive / 0.1 miles away

Emerson Plaza

5101-5249 E Thompson Rd
1 minute drive / 0.24 miles away

East Thompson Shopping Center

5325-5359 E Thompson Rd
1 minute drive / 0.3 miles away

Emerson Village has 5 shopping centers within 0.4 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $775
View Rentals
Studio to 4 Bedroom Apartments from $775
View Rentals
Studio to 4 Bedroom Apartments from $725
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,182$200$5,277
Indianapolis 1 Bedroom Apartments $1,389$544$6,236
Indianapolis 2 Bedroom Apartments $1,648$545$5,843
Indianapolis 3 Bedroom Apartments $2,030$626$8,304
Indianapolis 4 Bedroom Apartments $1,852$600$10,000+
Indianapolis 5 Bedroom Apartments $9,093$950$10,000+

Browse Top Apartments in Indianapolis

Viewing: Emerson Village | Desktop Version | Listing Updated: 04/15/2026 | AHLGLD