Cheap Homes for Rent in Emerson Heights Neighborhood of Indianapolis, IN from $500 (12 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

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 $919. 412 N Bradley Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Emerson Heights apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Courts Apartment Homes2x1 Classic2BR,1BA$919
412 N Bradley Ave2 Beds, 1 Baths2BR,1BA$950
Glen Ridge Manor Townhomes and Flats (Indy Town)Glen Ridge 2 Bedroom Townhome2BR,1BA$1,062

Best Value Apartments for Rent in Emerson Heights, IN

As of June 09, 2026 the best value apartment in the Emerson Heights area is the $0.92 price per square foot Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats (Indy Town) in the in the Martindale neighborhood starting from $1,062. The second greatest value Emerson Heights apartment is the The Lillie 60% Model at Minnie Hartman starting at $1,179 with a $1.34 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 Townhome2BR,1BA$0.92
Minnie HartmanThe Lillie 60%2BR,1BA$1.34
The Courts Apartment Homes2x1 Classic2BR,1BA$1.18
412 N Bradley Ave2 Beds, 1 Baths2BR,1BA$1.36

Frequently Asked Questions about Emerson Heights

What type of rentals are currently available in Emerson Heights?

There are currently 69 Apartments for Rent in Emerson Heights, IN with pricing that ranges from $600 to $1,500. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Emerson Heights ranging from $525 to $2,800.

What is the current price range for Rental Homes in Emerson Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Emerson Heights ranges from $525 to $2,800 with an average monthly rent of $1,110.

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.

Helpful Local Expert Guides

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Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.