Cheap Homes for Rent in the Emerson Heights Neighborhood of Indianapolis, IN from $525 (33 Rentals)

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

property at 318 N Sherman Dr
$525
Studio Rentals
Available Now
Affordability

318 N Sherman Dr

IndianapolisIN46201

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property at 5241 E 9th St
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
3 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

5241 E 9th St

IndianapolisIN46219

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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 Historic Irvington Flats priced from $929. The Courts Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $969. Here are the most affordable Emerson Heights apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Historic Irvington FlatsP1BR,1BA$929
The Courts Apartment Homes2x1 Classic2BR,1BA$969
Glen Ridge Manor Townhomes and FlatsGlen Ridge 2 bedroom Flat2BR,1BA$1,098

Best Value Apartments for Rent in Emerson Heights, IN

As of September 07, 2026 the best value apartment in the Emerson Heights area is the $0.82 price per square foot Glen Ridge 2 bedroom Flat Model at Glen Ridge Manor Townhomes and Flats in the in the Martindale neighborhood starting from $1,098. The second greatest value Emerson Heights apartment is the The Stella 60% Model at Minnie Hartman starting at $1,385 with a $1.38 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 FlatsGlen Ridge 2 bedroom Flat2BR,1BA$0.82
Minnie HartmanThe Stella 60%2BR,1BA$1.38
The Courts Apartment Homes2x1 Classic2BR,1BA$1.24
Historic Irvington FlatsN1BR,1BA$1.75

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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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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Emerson Heights, Indianapolis, IN

Ranked #220

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 Emerson Heights

What type of rentals are currently available in Emerson Heights?

There are currently 66 Apartments for Rent in Emerson Heights, IN with pricing that ranges from $625 to $1,750. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Emerson Heights ranging from $525 to $3,600.

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 $3,600 with an average monthly rent of $1,214.

How much are larger Three and Four Bedroom Rentals in Emerson Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Emerson Heights range from $1,075 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,285 and Four Bedroom Apartments start at $1,285.

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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