Cheap Apartments for Rent in the Emerson Heights Neighborhood of Indianapolis, IN from $300 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Emerson Heights area of Indianapolis.

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Colonial Park
1 to 2 Bedroom Apartments

Colonial Park

4421 E Washington StIndianapolis, IN 46201
  • Utilities Included

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Butler Place
Studio to 1 Bedroom Apartments

Butler Place

5230 E Washington StIndianapolis, IN 46219
property at 15 N Riley Ave

15 N Riley Ave

IndianapolisIN46201

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.

Emerson Heights, Indianapolis, IN Local Guide

Cheapest Available Emerson Heights Apartments for Rent

 

The cheapest available apartment rental in the Emerson Heights area of Indianapolis, IN is a 2 Beds unit found at The Aerie on 11th Street priced from $700. Courts Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $713. Here are the most affordable Emerson Heights apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Aerie on 11th Street6260 East 11th Street - Apt 3072BR,1BA$700
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$713
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$869
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$1,010

Best Value Apartments for Rent in Emerson Heights, IN

As of May 30, 2025 the best value apartment in the Emerson Heights area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Emerson Heights apartment is the Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats starting at $1,010 with a $0.87 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Emerson Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 Bedroom Townhome2BR,1BA$0.87
Vistas Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.01
The Aerie on 11th Street6260 East 11th Street - Apt 3052BR,1BA$0.82
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
Courts Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$0.91
Historic Irvington FlatsBeautiful Renovated Historic Apartment 1 bedroo...1BR,1BA$1.60

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Pet Friendly Lifestyle
Emerson Heights, Indianapolis, IN

Ranked #226

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Emerson Heights Neighborhood in Indianapolis, IN

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Emerson Heights Apartments

What is the price of a cheap apartment in Emerson Heights?

The cheapest apartment in Emerson Heights is Historic Irvington Flats which is listed at $1,039, while the average apartment in Emerson Heights costs $1,180.

What types of apartments are the cheapest in Emerson Heights?

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 10 regular apartments in Emerson Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.