Cheap Homes for Rent in I65 South Emerson Neighborhood of Indianapolis, IN from $1,400 (2 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

I65 South Emerson, Indianapolis, IN Local Guide

Best Value Apartments for Rent in I65 South Emerson, IN

As of November 09, 2025 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 Elm Model at Beech Meadow Apartments starting at $1,099 with a $1.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park View at Beech Grove3 Bedroom3BR,2.5BA$1.36
Beech Meadow ApartmentsElm3BR,1.5BA$1.08
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Encore Apartments2BR/1.5BA2BR,1.5BA$1.30
Strawbridge GreenEmerson2BR,1BA$1.12
Fox ClubOne Bedroom One Bath1BR,1BA$1.14
Beech Tree Glen Apartments1x1R1BR,1BA$1.22
Ninth Avenue ApartmentsThe Poppy1BR,1BA$1.42
Sherman VillageGarden Apt1BR,1BA$1.28
Emerson VillageThe Cardinal - Premium1BR,1BA$1.38

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
I65 South Emerson, Indianapolis, IN

Ranked #111

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about I65 South Emerson

What type of rentals are currently available in I65 South Emerson?

There are currently 49 Apartments for Rent in I65 South Emerson, IN with pricing that ranges from $750 to $2,478. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in I65 South Emerson ranging from $1,445 to $1,995.

What is the current price range for Rental Homes in I65 South Emerson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in I65 South Emerson ranges from $1,445 to $1,995 with an average monthly rent of $1,745.

How much are larger Three and Four Bedroom Rentals in I65 South Emerson?

For those who are looking for larger living arrangements, Three Bedroom Apartments in I65 South Emerson range from $1,099 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,445 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,685 and Four Bedroom Apartments start at $1,503.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.