Cheap Apartments for Rent in the South Emerson Neighborhood of Indianapolis, IN from $700 (21 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

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 1 Bed unit found at Stone Lake priced from $700. Cherry Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here are the most affordable South Emerson apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Stone Lake1X11BR,1BA$700
Cherry GlenOne Bed One Bath1BR,1BA$810
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$849
Parc Bordeaux ApartmentsStudioStudio,1BA$850
Emerson VillageThe Cardinal - Premium1BR,1BA$914

Best Value Apartments for Rent in South Emerson, IN

As of February 18, 2025 the best value apartment in the South Emerson area is the $1.39 price per square foot Willowood Model at Redwood Indianapolis in the in the Southeast Indianapolis neighborhood starting from $1,924. The second greatest value South Emerson apartment is the The Bay 2 BR 1 BA Model at Sundance Apartments starting at $1,428 with a $1.37 price per square foot in the Edgewood Avenue 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.
Redwood IndianapolisWillowood2BR,2BA$1.39
Sundance ApartmentsThe Bay 2 BR 1 BA2BR,1BA$1.37
Strawbridge GreenRedfern2BR,1.5BA$1.23
The SycamoresB2 The Spruce 2/22BR,2BA$1.38
Berkley CommonsTwo Bedroom 1.5 Bath TH2BR,1.5BA$1.30
Keeneland Crest ApartmentsTuscan1BR,1BA$1.34
The SterlingThe Remington2BR,1BA$1.22
Beech Meadow ApartmentsBirch1BR,1BA$1.34
Sherman VillageGarden Apt1BR,1BA$1.28
Sawmill Apartments1 Bed 1 Bath Small1BR,1BA$1.31

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Pet Friendly Lifestyle
South Emerson, Indianapolis, IN

Ranked #63

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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 Parc Bordeaux Apartments listed at $850.

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

The lowest price for a Cheap One Bedroom South Emerson Apartment is $700 at Stone Lake.

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 $800 at Stone Lake.

What is the most affordable South Emerson Three Bedroom Apartment?

The best deal on a cheap South Emerson Three Bedroom Apartment rental is at Strawbridge Green and starts from $1,035.

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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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.