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Highlights

  • Rent Special
  • Pet Friendly
  • Picnic area
  • Sparkling pool
  • Private balcony or patio
  • Exceptional service
  • Pet-friendly community
  • Full-size washer/dryer connections

Location

5140 Emerson Village Pl, Indianapolis, IN 46237, USA|I65-South Emerson
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Contact

Management

Birge and Held Asset Management, LLC

Our team has verified this company

Leasing office

(463) 465-5778

Open 

Friday 9:00 am–6:00 pm ET

Property Overview

Emerson Village earns a standout Zumper rating with excellent marks for price, amenities, location, quality, and trustworthiness, reflecting strong overall value and convenience. It also offers appealing features like a sparkling pool, picnic area, private balcony or patio, full-size washer/dryer connections, and exceptional service, while its pet-friendly setting and nearby pet resources support fitness and wellness needs.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, Emerson Village is one of the top properties in I65-South Emerson. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • High school nearby
  • Less expensive
  • Middle school nearby

Great for

  • Wellness
  • Pet owners

Floor plans

The Cardinal - Premium1 bed1 bath612 sqft$904–$938 /mo2 units available
The Redwood - Premium1 bed1 bath730 sqft$1,048–$1,138 /mo3 units available
The Ruby - Premium2 bed1 bath768 sqft$1,105–$1,133 /mo5 units available
The Tuscan - Premium2 bed1.5 bath968 sqft$1,305–$1,320 /mo3 units available
The Burgandy - Premium2 bed2 bath998 sqft$1,355–$1,360 /mo2 units available

Let's explore this property.

Amenities for Emerson Village

Apartment Amenities

1st Floor PremiumAir Conditioning
BalconyBrown Cabinet
Central HeatHeating
Previous RenovationPrivate Balcony
Upgraded LightingUpgraded Paint
Vinyl CountertopWhite Cabinets
Window Coverings

Appliances

Black AppliancesDishwasher
In-Unit LaundryRange
Refrigerator

Tech

Climate ControlSatellite

Building

CarportCats OK
ClubhouseDogs OK
Fitness CenterOnsite Laundry
Residents LoungeRoof Deck

Grounds

Outdoor SpacePlayground
Swimming Pool

Services

On-Site MaintenanceOn-Site Management

Other

Short Term Lease
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

Per-applicant. Online Application Fee.

$70

Administrative Fee

One-time. Online Administrative Fee.

$150

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Trash Reimbursement

Monthly. Trash Reimbursement.

$25

Pest Control Reimbursement

Monthly. Pest Control Reimbursement.

$3

Personal Content Insurance (Optional)

Monthly. Personal Content Coverage Fee.

$8

Liability Insurance

Monthly. Building and Facilities Fee.

$15

OPTIONAL FEES

Parking Policy

Covered Lot

Carport - Parking.

Carport - Parking

Carport - Parking

Monthly. 2 carport - parkings max.

$35

Dog Policy

Allowed
Limit2
Breed restrictionsYes

Aggressive breeds are prohibited.

Cat Policy

Allowed
Limit2

Cat

Cat - Pet Rent

One-time. 2 cats max.

$35

Cat - Pet Fees Or Charges

One-time. Pet Fees Or Charges- cat.

$300

Dog

Dog - Pet Fees Or Charges

One-time. 2 dogs max.

$300

Questions about this property’s policies and fees?

Building details

Property details

Year built1987
Units352
Lease terms4–16 months
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About Emerson Village

HomeApartments in IndianapolisI65-South Emerson Emerson Village

Welcome to Emerson Village, where beautifully manicured grounds and ample amenities meet exceptional service and an ideal location. Our apartments for rent in Indianapolis offer one and two-bedroom floor plans, complete with features such as full-size washer/dryer connections in select apartment homes and scenic courtyard views. Enjoy your surroundings from your private balcony or patio. get a workout at our 24 Hour fitness center, or spend an afternoon rejuvenating at the sparkling pool and lounging on the sundeck. Emerson Village also features a picnic area for dining outdoors and entertaining friends and pet stations that ensure your furry friend enjoys our pet-friendly community too!


Year Built: 1987

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, Emerson Village is one of the top properties in I65-South Emerson. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated Emerson Village
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Emerson Village offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Emerson Village stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Emerson Village offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Emerson Village has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Emerson Village.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Emerson Village has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Reviews from the web

Showing 8 highest rated

I've been here for 8 years and enjoy the safe feeling of the apartments. The recent addition of the stone kitchen and sink counters and new sink is a very good addition. Now we have safe doors also. The grounds are beautifully kept, and I enjoy the geese which also like to be around. A nice place to call home. The maintenance man came to fix my thermostat and the plumbing. He was very knowledgeable and friendly, and I was impressed with his expertise.

Ken Davis

Ken Davis

Apr 10, 2024

I enjoy living here. The neighborhood is quiet and I have nice neighbors. The Staff is very helpful and attentive to my emails and requests.

Carmen Ridley

Carmen Ridley

Oct 23, 2024

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Emerson Village is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • On-site pool or spa
  • This property has patios or balconies for fresh air

Pet owners

  • Outdoor spaces are available at this property
  • 5 pet hospitals in the area
  • 2 pet supply stores near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Emerson Village compares to other nearby properties.

Positives

High school nearby
There is a high school 2 miles away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 2 miles away
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

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Rent trends in I65-South Emerson

1-bedroom apartments here are priced 5% lower than 1-bedrooms in I65-South Emerson.

If you decide to upgrade your space, you can expect 2-bedrooms at Emerson Village to be 5% less than the average for similarly sized apartments in I65-South Emerson.

Median rents as of Jun 13 2026.
I65-South Emerson
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
June 2024$1,079
July 2024$1,081
August 2024$1,126
September 2024$1,123
October 2024$1,143
November 2024$1,126
December 2024$1,125
January 2025$1,152
February 2025$1,150
March 2025$1,087
April 2025$1,024
May 2025$1,087
June 2025$1,098
July 2025$1,090
August 2025$1,097
September 2025$1,105
October 2025$1,080
November 2025$1,046
December 2025$1,048
January 2026$1,017
February 2026$1,022
March 2026$1,011
April 2026$1,017
May 2026$1,007
June 2026$1,010
A table of 1-bedroom apartment rental data trends in I65-South Emerson
MonthMedian Rent
June 2024$1,116
July 2024$1,135
August 2024$1,202
September 2024$1,158
October 2024$1,060
November 2024$1,117
December 2024$1,142
January 2025$1,262
February 2025$1,177
March 2025$1,098
May 2025$1,074
June 2025$1,106
July 2025$1,104
August 2025$1,126
September 2025$1,078
October 2025$1,048
November 2025$1,030
December 2025$1,036
January 2026$1,034
February 2026$1,036
March 2026$1,078
April 2026$1,030
May 2026$1,033
June 2026$1,026

Affordability calculator

Can I afford to live at 5140 Emerson Village Pl?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$39,040/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,040 annually to afford this 1-bedroom median monthly rent price of $976.
For more information on rent affordability, visit our rent calculator.

Schools near Emerson Village

Arlington Elementary School

5814 s arlington ave

indianapolis, IN, 46237

K-3Public
B+

Edgewood Intermediate School

7620 edgewood

indianapolis, IN, 46239

4-6Public
B+

Family Development Services - Southeast Head Start

4024 south madison ave

indianapolis, IN, 46227

PKPublic

Rise Learning Center

5391 s shelby st

indianapolis, IN, 46227

PK, K-12Public

Lillie Idella Kitley Intermediate School

8735 indian creek rd

indianapolis, IN, 46259

4-6Public
A-
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Internet available near Emerson Village

Neighborhood

I65-South Emerson | Indianapolis, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 5140 Emerson Village Pl

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

2/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 5140 Emerson Village Pl, Indianapolis

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

4/10
Some bars within walking distance

Explore the area around 5140 Emerson Village Pl

Kroger
5350 E Thompson Rd
Walmart Supercenter
4650 S Emerson Ave
ALDI
6835 S Emerson Ave
Meijer
5325 E Southport Rd
Walmart Neighborhood Market
3805 S Keystone Ave

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