Cheap Apartments for Rent in the Emerson Heights Neighborhood of Indianapolis, IN from $300 (18 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

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Ritter Apartments
Studio to 2 Bedroom Apartments

Ritter Apartments

1708 N Ritter AveIndianapolis, IN 46218
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Irvington Living I
1 to 3 Bedroom Apartments

Irvington Living I

4741 E Washington StIndianapolis, IN 46201
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 1 Bed unit found at The Courts Apartment Homes priced from $799. 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 Homes1x1 Classic1BR,1BA$799
Minnie Hartmann CenterThe Lucy 40%2BR,1BA$931
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 bedroom Flat2BR,1BA$977

Best Value Apartments for Rent in Emerson Heights, IN

As of December 25, 2025 the best value apartment in the Emerson Heights area is the $0.74 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 $991. The second greatest value Emerson Heights apartment is the 1205 N Grant Ave Model at 1205 N Grant Ave starting at $1,400 with a $1.12 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.
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 bedroom Flat2BR,1BA$0.74
1205 N Grant Ave1205 N Grant Ave2BR,1.5BA$1.12
Minnie Hartmann CenterThe Alma 50%2BR,1BA$1.48
The Courts Apartment Homes1x1 Classic1BR,1BA$1.45

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Your 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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Emerson Heights, Indianapolis, IN

Ranked #241

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 The Courts Apartment Homes which is listed at $799, while the average apartment in Emerson Heights costs $1,300.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.