Cheap Apartments for Rent in the South Emerson Neighborhood of Indianapolis, IN from $600 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 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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Grand Oaks
1 to 2 Bedroom Apartments

Grand Oaks

7215 Grand Ritz LnIndianapolis, IN 46237
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Cheapest Available South Emerson Apartments for Rent

 

The cheapest available apartment rental in the South Emerson area of Indianapolis, IN is a Studio unit found at Parc Bordeaux Apartments priced from $850. Beech Meadow Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $871. Here are the most affordable South Emerson apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Parc Bordeaux ApartmentsStudioStudio,1BA$850
Beech Meadow ApartmentsBirch1BR,1BA$871
Strawbridge GreenEmerson2BR,1BA$915
Sherman VillageGarden Apt1BR,1BA$925
Cherry GlenOne Bed One Bath1BR,1BA$939

Best Value Apartments for Rent in South Emerson, IN

As of January 23, 2026 the best value apartment in the South Emerson area is the $1.42 price per square foot 2 Bedroom 2.5 Bath Townhome Model at Coventry Park Village in the in the Southeast Indianapolis neighborhood starting from $1,899. The second greatest value 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 South Emerson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Park Village2 Bedroom 2.5 Bath Townhome2BR,2.5BA$1.42
Park View at Beech Grove3 Bedroom3BR,2.5BA$1.36
Strawbridge GreenEmerson2BR,1BA$1.09
Lakes of WindsorWestminster1BR,1BA$1.49
Beech Meadow ApartmentsHickory2BR,1BA$1.23
Ninth Avenue ApartmentsThe Poppy1BR,1BA$1.42
Sundance ApartmentsThe Shore 1 BR 1 BA1BR,1BA$1.61
Churchman Woods2 BEDROOM2BR,1BA$1.30
Sherman VillageGarden Apt1BR,1BA$1.28
Cherry GlenOne Bed One Bath1BR,1BA$1.63

Frequently Asked Questions about Cheap South Emerson Apartments

What is the price of a cheap apartment in South Emerson?

The cheapest apartment in South Emerson is Beech Meadow Apartments which is listed at $871, while the average apartment in South Emerson costs $1,520.

What types of apartments are the cheapest in 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 2 regular apartments in 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 South Emerson?

Cheap apartments in South Emerson have an average cost of $614 which is $906 cheaper than the average rent for all rentals in 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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