Cheap Apartments for Rent in the Devon Neighborhood of Indianapolis, IN from $400 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Devon area of Indianapolis.

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Sherman Forest
Studio to 4 Bedroom Apartments

Sherman Forest

3615 Sherman Forest DrIndianapolis, IN 46205
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3825 N Whittier Pl
1 Bedroom Apartments

3825 N Whittier Pl

3825 N Whittier PlIndianapolis, IN 46226
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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

4111 C2 Stonecrest CtIndianapolis, IN 46229
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Devon, Indianapolis, IN Local Guide

Cheapest Available Devon Apartments for Rent

 

The cheapest available apartment rental in the Devon area of Indianapolis, IN is a 1 Bed unit found at 5329 Hedgerow Dr priced from $411. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here are the most affordable Devon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
5329 Hedgerow Dr5329 Hedgerow Dr1BR,1BA$411
East Village at Avondale Meadows ApartmentsA11BR,1BA$635
Glenstone StudiosStudioStudio,1BA$699
Kingston Square ApartmentsThe AshStudio,1BA$879
Brockton Apartments & TownhomesStudioStudio,1BA$884

Best Value Apartments for Rent in Devon, IN

As of March 22, 2025 the best value apartment in the Devon area is the $1.13 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,467. The second greatest value Devon apartment is the 6125 Roselawn Dr Model at 6125 Roselawn Dr starting at $1,399 with a $1.10 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Devon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2Ba Den W/D Up2BR,2BA$1.13
6125 Roselawn Dr6125 Roselawn Dr4BR,1BA$1.10
Prairies Apartments3 Bedroom 1.5 Bath Apartment3BR,1.5BA$1.17
Fountain ParcThe Geneva2BR,1.5BA$1.34
5326 Winston Pl5326 Winston Pl4BR,2BA$1.13
Willow BrookTwo Bedroom One Bath2BR,1BA$1.37
Williamsburg NorthAshland1BR,1BA$1.14
East Village at Avondale Meadows ApartmentsA21BR,1BA$1.32
The Meadows1 Bedroom 730sf1BR,1BA$1.48
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.46

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Pet Friendly Lifestyle
Devon, Indianapolis, IN

Ranked #121

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 Devon Neighborhood in Indianapolis, IN

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Devon Apartments

What is a cheap apartment in Devon?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Devon is under $975.

What is the price of a cheap apartment in Devon?

The cheapest apartment in Devon is 5329 Hedgerow Dr which is listed at $411, while the average apartment in Devon costs $1,700.

What types of apartments are the cheapest in Devon?

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 115 regular apartments in Devon 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 Devon?

Cheap apartments in Devon have an average cost of $261 which is $1,439 cheaper than the average rent for all rentals in Devon.

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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