Cheap Apartments for Rent in the Emerson Heights Neighborhood of Indianapolis, IN from $300 (5 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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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 Courts Apartment Homes priced from $899. Minnie Hartmann Center has the second lowest priced unit, which is a 2 Beds apartment currently listed from $931. Here are the most affordable Emerson Heights apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Courts Apartment Homes2x1 Classic2BR,1BA$899
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 bedroom Flat2BR,1BA$962

Best Value Apartments for Rent in Emerson Heights, IN

As of January 11, 2026 the best value apartment in the Emerson Heights area is the $0.72 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats (Indy Town) in the in the Martindale neighborhood starting from $962. The second greatest value Emerson Heights apartment is the H Model at Historic Irvington Flats starting at $1,154 with a $1.23 price per square foot in the Southeast Indianapolis 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.
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 bedroom Flat2BR,1BA$0.72
Historic Irvington FlatsH1BR,1BA$1.23
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
The Courts Apartment Homes2x1 Classic2BR,1BA$1.15

Frequently Asked Questions about Cheap Emerson Heights Apartments

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 3 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

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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