Cheap Homes for Rent in Devon Neighborhood of Indianapolis, IN from $600 (19 Rentals)

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Devon

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

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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 East Village at Avondale Meadows Apartments priced from $635. Glenstone Studios has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Devon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
East Village at Avondale Meadows ApartmentsA11BR,1BA$635
Glenstone StudiosStudioStudio,1BA$649
Kingston Square ApartmentsThe AshStudio,1BA$879
Chateau De VilleBordeauxStudio,1BA$891
Williamsburg NorthAshland1BR,1BA$900

Best Value Apartments for Rent in Devon, IN

As of April 14, 2025 the best value apartment in the Devon area is the $1.14 price per square foot 2 Bed/2Ba Den W/D Up Model at Fallwood in the in the United Northeast neighborhood starting from $1,481. The second greatest value Devon apartment is the The Hideaway Model at Harbour Pointe starting at $1,189 with a $1.40 price per square foot in the Mapelton 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$1.14
Harbour PointeThe Hideaway1BR,1BA$1.40
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$1.60
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
Brockton Apartments & TownhomesWD1.11BR,1BA$1.57
A/62LePetit1BR,1BA$1.51
Trails at LakesideVictoria1BR,1BA$1.60

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Frequently Asked Questions about Devon

What type of rentals are currently available in Devon?

There are currently 75 Apartments for Rent in Devon, IN with pricing that ranges from $411 to $3,695. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Devon ranging from $600 to $2,695.

What is the current price range for Rental Homes in Devon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Devon ranges from $600 to $2,695 with an average monthly rent of $1,448.

How much are larger Three and Four Bedroom Rentals in Devon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Devon range from $1,350 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,199.

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.

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

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.

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

Written by: Amber Kanuckel

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.