close
View Me
$720 - $2,270Studio to 2 Bedroom Apartments Available Now
Heathmoore - Indianapolis
5984 Heathmoore DrIndianapolis, IN 46237
Cheap Apartments for Rent in the I65 South Emerson Neighborhood of Indianapolis, IN from $400 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the I65 South Emerson area of Indianapolis.
close
View Me
$775 - $9951 to 2 Bedroom Apartments Available Now
One Somerset
3761 S State AveIndianapolis, IN 46227
close
View Me
$799 - $1,100Studio to 2 Bedroom Apartments Available Now
Cherry Glen
2760 Cherry Glen WayIndianapolis, IN 46227
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-8, Page 1 of 1
I65 South Emerson, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in I65 South Emerson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| I65 South Emerson Studio Apartments | $1,034 | $720 | $1,325 |
| I65 South Emerson 1 Bedroom Apartments | $1,137 | $775 | $2,135 |
| I65 South Emerson 2 Bedroom Apartments | $1,353 | $941 | $2,270 |
| I65 South Emerson 3 Bedroom Apartments | $1,497 | $1,090 | $1,800 |
| I65 South Emerson 4 Bedroom Apartments | $1,663 | $1,503 | $1,824 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the I65 South Emerson Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
I65 South Emerson, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. One Somerset has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable I65 South Emerson apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| One Somerset | One Somerset - 1 Bed/1 Bath | 1BR,1BA | $775 |
| Cherry Glen | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in I65 South Emerson, IN
As of November 01, 2025 the best value apartment in the I65 South Emerson area is the $1.44 price per square foot 2 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $1,925. The second greatest value I65 South Emerson apartment is the 3 Bedroom Model at Park View at Beech Grove starting at $1,627 with a $1.36 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for I65 South Emerson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Coventry Park Village | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $1.44 |
| Park View at Beech Grove | 3 Bedroom | 3BR,2.5BA | $1.36 |
| The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $1.05 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Fox Club | One Bedroom One Bath | 1BR,1BA | $1.12 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.22 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $1.30 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.42 |
| One Somerset | *ACT NOW- Price Drop* One Somerset - 2 Bed/1 Bath | 2BR,1BA | $1.42 |
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.
Let everyone know!
Do you know the I65 South Emerson area?
If you’re an expert on all things I65 South Emerson, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleI65 South Emerson, Indianapolis, IN
Ranked #118
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap I65 South Emerson Apartments
What is a cheap apartment in I65 South Emerson?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in I65 South Emerson is under $975.
What is the price of a cheap apartment in I65 South Emerson?
The cheapest apartment in I65 South Emerson is Windsor Court which is listed at $728, while the average apartment in I65 South Emerson costs $1,510.
What types of apartments are the cheapest in I65 South Emerson?
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 I65 South Emerson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in I65 South Emerson?
Cheap apartments in I65 South Emerson have an average cost of $1,663 which is $0 cheaper than the average rent for all rentals in I65 South Emerson.
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.