
Cheap Apartments for Rent in the Devon Neighborhood of Indianapolis, IN from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Devon area of Indianapolis.


3725 N Sherman Dr

Glenstone Studios

3763 Baltimore Ave

Prairies Apartments

3461 N Dequincy St

Kingston Square Apartments

Brockton Apartments & Townhomes

Chateau De Ville

Williamsburg North

4627 Caroline Ave

3523 Arthington Blvd

3059 N Gale St
Devon, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Devon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Devon Studio Apartments | $1,214 | $699 | $1,695 |
Devon 1 Bedroom Apartments | $1,327 | $411 | $3,331 |
Devon 2 Bedroom Apartments | $1,458 | $952 | $4,624 |
Devon 3 Bedroom Apartments | $1,644 | $1,309 | $2,977 |
Devon 4 Bedroom Apartments | $1,850 | $1,700 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Devon Neighborhood of Indianapolis, IN.
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Devon, Indianapolis, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
5329 Hedgerow Dr | 5329 Hedgerow Dr | 1BR,1BA | $411 |
East Village at Avondale Meadows Apartments | A1 | 1BR,1BA | $635 |
Glenstone Studios | Studio | Studio,1BA | $699 |
Kingston Square Apartments | The Ash | Studio,1BA | $879 |
Brockton Apartments & Townhomes | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.13 |
6125 Roselawn Dr | 6125 Roselawn Dr | 4BR,1BA | $1.10 |
Prairies Apartments | 3 Bedroom 1.5 Bath Apartment | 3BR,1.5BA | $1.17 |
Fountain Parc | The Geneva | 2BR,1.5BA | $1.34 |
5326 Winston Pl | 5326 Winston Pl | 4BR,2BA | $1.13 |
Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.37 |
Williamsburg North | Ashland | 1BR,1BA | $1.14 |
East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
The Meadows | 1 Bedroom 730sf | 1BR,1BA | $1.48 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.46 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDevon, Indianapolis, IN
Ranked #121
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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
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 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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