Cheap Apartments for Rent in the I65 South Emerson Neighborhood of Indianapolis, IN from $400 (40 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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One Somerset
Rent Specials
$775 - $975
Total Monthly Price

Total Monthly Price

Base Rent
$775 - $975
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

One Somerset

3761 S State AveIndianapolis, IN 46227
Student Housing
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Stone Lake
1 to 2 Bedroom Apartments

Stone Lake

2913 E Hanna AveIndianapolis, IN 46227
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Windsor Court
1 to 2 Bedroom Apartments

Windsor Court

7302 Queen Anne CtIndianapolis, IN 46227

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Encore Apartments
Studio to 2 Bedroom Apartments

Encore Apartments

8035 Preidt PlIndianapolis, IN 46237
  • Utilities Included
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South & Madison
Studio to 3 Bedroom Apartments

South & Madison

1819 Madison Village DrIndianapolis, IN 46227
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Ninth Avenue Apartments
Studio to 3 Bedroom Apartments

Ninth Avenue Apartments

4651 Mimi DrIndianapolis, IN 46237
Corporate Housing
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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
  • Utilities Included
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Fairfax Duplexes
2 Bedroom Apartments

Fairfax Duplexes

2123 Fairfax RdIndianapolis, IN 46227

I65 South Emerson - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Francis Apartments
1 to 2 Bedroom Apartments

Francis Apartments

1819 Main StBeech Grove, IN 46107
  • Utilities Included

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Showing Results 1-40, Page 1 of 1

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 One Somerset priced from $775. Windsor Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $776. Here are the most affordable I65 South Emerson apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
One SomersetOne Somerset - 1 Bed/1 Bath. Act Now! Get a $30...1BR,1BA$775
Windsor CourtStandard One Bedroom (SN3)1BR,1BA$776
South & MadisonE2Studio,1BA$809
Cherry GlenStudioStudio,1BA$809
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux ApartmentsStudioStudio,1BA$850
Greentree Apartments1x1 Classic1BR,1BA$889
Beech Grove Station Senior ApartmentsUnit A2BR,1BA$905
Strawbridge GreenEmerson2BR,1BA$910
Sherman VillageGarden Apt1BR,1BA$925

Best Value Apartments for Rent in I65 South Emerson, IN

As of August 04, 2026 the best value apartment in the I65 South Emerson area is the $1.36 price per square foot 3 Bedroom Model at Park View at Beech Grove in the in the Southeast Indianapolis neighborhood starting from $1,627. The second greatest value I65 South Emerson apartment is the Two Bedroom Two Bath Model at Fox Club starting at $1,125 with a $1.13 price per square foot in the Shelby Street-Epler Avenue 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.
Park View at Beech Grove3 Bedroom3BR,2.5BA$1.36
Fox ClubTwo Bedroom Two Bath2BR,2BA$1.13
Strawbridge GreenRedfern2BR,1.5BA$1.08
Beech Grove Station Senior ApartmentsUnit A2BR,1BA$1.00
Ninth Avenue ApartmentsThe Lily2BR,1BA$1.35
Brixton2.1 - 2.12BR,1BA$1.37
Churchman Woods2 BEDROOM2BR,1BA$1.30
Sherman VillageGarden Apt1BR,1BA$1.28
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31
Rosedale HillsOne Bedroom1BR,1BA$1.30

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

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
I65 South Emerson, Indianapolis, IN

Ranked #112

Among cities in Indiana 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 price of a cheap apartment in I65 South Emerson?

The cheapest apartment in I65 South Emerson is Rosedale Hills which is listed at $650, while the average apartment in I65 South Emerson costs $1,214.

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 $831 which is $383 cheaper than the average rent for all rentals in I65 South Emerson.

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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