Cheap Apartments for Rent in the Devon Neighborhood of Indianapolis, IN from $400 (30 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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Showing Results 1-30, Page 1 of 1

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
Prairies Apartments1 Bedroom Apartment1BR,1BA$757
Kingston Square ApartmentsThe AshStudio,1BA$879
Williamsburg NorthAshland1BR,1BA$900
Chateau De VilleBordeauxStudio,1BA$931
A/62LePetit Luxe1BR,1BA$975
Trails at LakesideVictoria1BR,1BA$995
Monon Park1 Bed 1 Bath1BR,1BA$1,001

Best Value Apartments for Rent in Devon, IN

As of March 14, 2025 the best value apartment in the Devon area is the $1.10 price per square foot 6125 Roselawn Dr Model at 6125 Roselawn Dr in the in the Southeast Indianapolis neighborhood starting from $1,399. The second greatest value Devon apartment is the 5326 Winston Pl Model at 5326 Winston Pl starting at $1,199 with a $1.13 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.
6125 Roselawn Dr6125 Roselawn Dr4BR,1BA$1.10
5326 Winston Pl5326 Winston Pl4BR,2BA$1.13
TGM Avalon LakeB42BR,2BA$1.38
Harbour PointeThe Hideaway1BR,1BA$1.36
Williamsburg NorthAshland1BR,1BA$1.14
East Village at Avondale Meadows ApartmentsA21BR,1BA$1.32
Fallwood1 Bed/1.5 Ba Dn1BR,1.5BA$1.41
The Meadows1 Bedroom 730sf1BR,1BA$1.48
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.46
Prairies Apartments1 Bedroom Apartment1BR,1BA$1.15

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Pet Friendly Lifestyle
Devon, Indianapolis, IN

Ranked #126

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

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 the Cheapest Studio apartment in Devon?

Currently the most affordable Cheap Studio Apartment in Devon is at Glenstone Studios listed at $699.

How much is rent for a Cheap One Bedroom Devon Apartment?

The lowest price for a Cheap One Bedroom Devon Apartment is $411 at 5329 Hedgerow Dr.

What is the lowest price for a Cheap Two Bedroom Devon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Devon is starting from $990 at East Village at Avondale Meadows Apartments.

What is the most affordable Devon Three Bedroom Apartment?

The best deal on a cheap Devon Three Bedroom Apartment rental is at East Village at Avondale Meadows Apartments and starts from $869.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.