
Cheap Apartments for Rent in the South Emerson Neighborhood of Indianapolis, IN from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Emerson area of Indianapolis.


Churchman Woods

Sawmill Apartments

Parc Bordeaux Apartments
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Park View at Beech Grove

Sherman Village

Strawbridge Green

Ninth Avenue Apartments
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The Sycamores

Keeneland Crest Apartments
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3854 S Sherman Dr

Willow Glen South
South Emerson - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Beech Meadow Apartments

Beech Tree Glen Apartments
South Emerson, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in South Emerson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Emerson Studio Apartments | $840 | $749 | $931 |
South Emerson 1 Bedroom Apartments | $1,197 | $845 | $2,818 |
South Emerson 2 Bedroom Apartments | $1,338 | $930 | $2,834 |
South Emerson 3 Bedroom Apartments | $1,660 | $1,020 | $3,949 |
South Emerson 4 Bedroom Apartments | $1,748 | $1,485 | $2,225 |
Browse Apartments in this Neighborhood
There are currently 18 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
- Nearby Indianapolis neighborhoods
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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 1 Bed unit found at Stone Lake priced from $650. Cherry Glen has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable South Emerson apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stone Lake | 1X1 | 1BR,1BA | $650 |
Cherry Glen | Studio | Studio,1BA | $749 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $849 |
Parc Bordeaux Apartments | Studio | Studio,1BA | $850 |
The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
Best Value Apartments for Rent in South Emerson, IN
As of May 11, 2025 the best value apartment in the South Emerson area is the $1.19 price per square foot Windsor Model at Lakes of Windsor in the in the Southeast Indianapolis neighborhood starting from $1,670. The second greatest value South Emerson apartment is the Townhome Model at Sherman Village starting at $1,300 with a $1.00 price per square foot in the Carson Heights 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. |
---|---|---|---|
Lakes of Windsor | Windsor | 3BR,2BA | $1.19 |
Sherman Village | Townhome | 3BR,1.5BA | $1.00 |
Sundance Apartments | The Grand With Balcony 2 BR 2 BA | 2BR,2BA | $1.36 |
Keeneland Crest Apartments | Camden | 2BR,1BA | $1.36 |
Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.27 |
Strawbridge Green | Emerson | 2BR,1BA | $1.14 |
Beech Meadow Apartments | Hickory | 2BR,1BA | $1.34 |
Sawmill Apartments | 1 Bed 1 Bath Small | 1BR,1BA | $1.13 |
The Sterling | The Lexington | 1BR,1BA | $1.32 |
Stone Lake | 1X1 | 1BR,1BA | $1.00 |
Quick 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 #56
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Emerson, Indianapolis, IN
Jeremiah Gray-Edison Elementary School
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
How much is rent for a Cheap One Bedroom South Emerson Apartment?
The lowest price for a Cheap One Bedroom South Emerson Apartment is $650 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 Beech Meadow Apartments and starts from $1,299.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.