
Cheap Apartments for Rent in the Emerson Heights Neighborhood of Indianapolis, IN from $300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Emerson Heights area of Indianapolis.


3535 Robson St

1530-1532 N Sherman Dr

24 N Linwood Ave

4830-4831 E Washington St

1531 N Downey Ave

1748 N Bancroft St

921 N Drexel Ave

15 N Riley Ave
Emerson Heights, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Emerson Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Emerson Heights 1 Bedroom Apartments | $792 | $650 | $1,159 |
Emerson Heights 2 Bedroom Apartments | $1,253 | $782 | $2,060 |
Emerson Heights 3 Bedroom Apartments | $1,116 | $899 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Emerson Heights Neighborhood of Indianapolis, IN.
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Emerson Heights, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
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Cheapest Available Emerson Heights Apartments for Rent
 The cheapest available apartment rental in the Emerson Heights area of Indianapolis, IN is a 1 Bed unit found at 1531 N Downey Ave priced from $285. 1748 N Bancroft St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here are the most affordable Emerson Heights apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1531 N Downey Ave | 1531 N Downey Ave | 1BR,1BA | $285 |
1748 N Bancroft St | 1748 N Bancroft St | 1BR,1BA | $500 |
Vistas Apartments | 2 Bedroom 1.5 Bath Townhouse | 2BR,1BA | $867 |
40 N Euclid Ave | 40 N Euclid Ave | 3BR,1BA | $1,010 |
Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1,039 |
Best Value Apartments for Rent in Emerson Heights, IN
As of March 30, 2025 the best value apartment in the Emerson Heights area is the $1.24 price per square foot Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 in the in the Southeast Indianapolis neighborhood starting from $1,610. The second greatest value Emerson Heights apartment is the Glen Ridge 2 Bedroom Townhome Model at Glen Ridge Manor Townhomes and Flats starting at $1,062 with a $0.92 price per square foot in the Martindale neighborhood. Here is today’s list of the best values for Emerson Heights apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
Glen Ridge Manor Townhomes and Flats | Glen Ridge 2 Bedroom Townhome | 2BR,1BA | $0.92 |
40 N Euclid Ave | 40 N Euclid Ave | 3BR,1BA | $1.01 |
Vistas Apartments | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1.05 |
Minnie Hartmann Center | The Alma 50% | 2BR,1BA | $1.37 |
Historic Irvington Flats | Beautiful Renovated Historic Apartment 1 bedroo... | 1BR,1BA | $1.60 |
Quick Rent Budget Calculator
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Emerson Heights Neighborhood in Indianapolis, IN
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
37 / 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 Emerson Heights Apartments
What is the price of a cheap apartment in Emerson Heights?
The cheapest apartment in Emerson Heights is 1531 N Downey Ave which is listed at $285, while the average apartment in Emerson Heights costs $1,050.
What types of apartments are the cheapest in Emerson Heights?
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 14 regular apartments in Emerson Heights 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 Emerson Heights?
Cheap apartments in Emerson Heights have an average cost of $855 which is $195 cheaper than the average rent for all rentals in Emerson Heights.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.