
Cheap Homes for Rent in South Emerson Neighborhood of Indianapolis, IN from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the South Emerson area of Indianapolis.


2912 Carson Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

5801 Somers Dr

4230 Carson Ln
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
South Emerson, Indianapolis, IN Local Guide

How much does it cost to rent a home in South Emerson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Emerson 3 Bedroom Homes for Rent | $1,846 | $1,415 | $2,500 |
| South Emerson 4 Bedroom Homes for Rent | $2,033 | $1,495 | $4,500 |
| South Emerson 5 Bedroom Homes for Rent | $1,797 | $1,700 | $1,895 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the South Emerson Neighborhood of Indianapolis, IN.
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South Emerson, Indianapolis, IN Local Guide
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Best Value Apartments for Rent in South Emerson, IN
As of November 06, 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 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 |
| Emerson Village | The Burgandy - Premium | 2BR,2BA | $1.36 |
| Sundance Apartments | The Mist 2 BR 1 BA | 2BR,1BA | $1.51 |
| Sawmill Apartments | 2 Bed 1 Bath Large | 2BR,1BA | $1.05 |
| Strawbridge Green | Emerson | 2BR,1BA | $1.15 |
| Lakes of Windsor | Westminster | 1BR,1BA | $1.49 |
| Beech Tree Glen Apartments | 1x1R | 1BR,1BA | $1.22 |
| Beech Meadow Apartments | Birch | 1BR,1BA | $1.20 |
| Ninth Avenue Apartments | The Poppy | 1BR,1BA | $1.42 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleYour 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
Read ArticleQuick 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.
Pet Friendly LifestyleSouth Emerson, Indianapolis, IN
Ranked #161
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in South Emerson, Indianapolis, IN
Jeremiah Gray-Edison Elementary School
School data provided by Great Schools
Frequently Asked Questions about South Emerson
What type of rentals are currently available in South Emerson?
There are currently 26 Apartments for Rent in South Emerson, IN with pricing that ranges from $750 to $2,270. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Emerson ranging from $1,415 to $4,500.
What is the current price range for Rental Homes in South Emerson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Emerson ranges from $1,415 to $4,500 with an average monthly rent of $2,006.
How much are larger Three and Four Bedroom Rentals in South Emerson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Emerson range from $1,099 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,415 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,495 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.

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.