Cheap Apartments for Rent in the I65 South Emerson Neighborhood of Indianapolis, IN from $400 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the I65 South Emerson area of Indianapolis.

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Stone Lake
1 to 2 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227
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Rosedale Hills
Studio to 3 Bedroom Apartments

Rosedale Hills

2139 E Hanna AveIndianapolis, IN 46227

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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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227
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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
  • 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.

I65 South Emerson, Indianapolis, IN Local Guide

Cheapest Available I65 South Emerson Apartments for Rent

 

The cheapest available apartment rental in the I65 South Emerson area of Indianapolis, IN is a 1 Bed unit found at Windsor Court priced from $728. Cherry Glen has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable I65 South Emerson apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Windsor CourtStandard One Bedroom (SN1)1BR,1BA$728
Cherry GlenStudioStudio,1BA$799
South & MadisonE2Studio,1BA$840

Best Value Apartments for Rent in I65 South Emerson, IN

As of June 28, 2025 the best value apartment in the I65 South Emerson area is the $1.27 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $2,095. The second greatest value I65 South Emerson apartment is the The Dawn 2 BR 2 BA Model at Sundance Apartments starting at $1,450 with a $1.41 price per square foot in the Winchester Village neighborhood. Here is today’s list of the best values for I65 South Emerson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Park Village3 Bedroom 2.5 Bath Townhome3BR,2.5BA$1.27
Sundance ApartmentsThe Dawn 2 BR 2 BA2BR,2BA$1.41
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Strawbridge GreenEmerson2BR,1BA$1.18
Beech Meadow ApartmentsHickory2BR,1BA$1.31
Parc Bordeaux Apartments1 Bed 1 Bath1BR,1BA$1.12
Overlook at Valley Ridge ApartmentsA3 - Hudson1BR,1BA$1.44
Ninth Avenue ApartmentsThe Aster1BR,1BA$1.53
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

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Pet Friendly Lifestyle
I65 South Emerson, Indianapolis, IN

Ranked #120

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap I65 South Emerson Apartments

What is the Cheapest Studio apartment in I65 South Emerson?

Currently the most affordable Cheap Studio Apartment in I65 South Emerson is at Cherry Glen listed at $799.

How much is rent for a Cheap One Bedroom I65 South Emerson Apartment?

The lowest price for a Cheap One Bedroom I65 South Emerson Apartment is $728 at Windsor Court.

What is the lowest price for a Cheap Two Bedroom I65 South Emerson Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in I65 South Emerson is starting from $995 at Strawbridge Green.

What is the most affordable I65 South Emerson Three Bedroom Apartment?

The best deal on a cheap I65 South Emerson Three Bedroom Apartment rental is at Strawbridge Green and starts from $1,120.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.