Cheap Apartments for Rent in the South Emerson Neighborhood of Indianapolis, IN from $600 (15 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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South Emerson, Indianapolis, IN Local Guide

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 Cherry Glen priced from $799. Emerson Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable South Emerson apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Cherry GlenStudioStudio,1BA$799
Emerson VillageThe Cardinal - Premium1BR,1BA$830
Beech Meadow ApartmentsBirch1BR,1BA$899
Parc Bordeaux ApartmentsStudioStudio,1BA$905
Strawbridge GreenEmerson2BR,1BA$970

Best Value Apartments for Rent in South Emerson, IN

As of November 07, 2025 the best value apartment in the 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 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$1.44
Park View at Beech Grove3 Bedroom3BR,2.5BA$1.36
Emerson VillageThe Burgandy - Premium2BR,2BA$1.36
Sundance ApartmentsThe Mist 2 BR 1 BA2BR,1BA$1.51
Sawmill Apartments2 Bed 1 Bath Large2BR,1BA$1.05
Strawbridge GreenEmerson2BR,1BA$1.15
Lakes of WindsorWestminster1BR,1BA$1.49
Beech Tree Glen Apartments1x1R1BR,1BA$1.22
Beech Meadow ApartmentsBirch1BR,1BA$1.20
Ninth Avenue ApartmentsThe Poppy1BR,1BA$1.42

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Pet Friendly Lifestyle
South Emerson, Indianapolis, IN

Ranked #162

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
South Emerson, Indianapolis, IN

School data provided by Great Schools

Getting Around the South Emerson Neighborhood in Indianapolis, IN

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap South Emerson Apartments

What is the Cheapest Studio apartment in South Emerson?

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

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

The lowest price for a Cheap One Bedroom South Emerson Apartment is $830 at Emerson Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Emerson is starting from $909 at Emerson Village.

What is the most affordable South Emerson Three Bedroom Apartment?

The best deal on a cheap South Emerson Three Bedroom Apartment rental is at Beech Meadow Apartments and starts from $1,099.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.