Cheap Homes for Rent in Devon Neighborhood of Indianapolis, IN from $600 (14 Rentals)

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Cheap Homes in the Devon area of Indianapolis.

Navigating the Rental Market: Tips for First-Time Renters

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Devon - One of the Best Affordable Neighborhoods in Indianapolis

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 Studio unit found at Glenstone Studios priced from $649. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $662. Here are the most affordable Devon apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Glenstone StudiosStudioStudio,1BA$649
East Village at Avondale Meadows ApartmentsC13BR,2BA$662
Chateau De VilleBordeauxStudio,1BA$871
Kingston Square ApartmentsThe AshStudio,1BA$879
A/62LePetit1BR,1BA$975

Best Value Apartments for Rent in Devon, IN

As of May 09, 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 Maple Model at Kingston Square Apartments starting at $1,499 with a $1.69 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$1.14
Kingston Square ApartmentsThe Maple2BR,1.5BA$1.69
Harbour PointeThe Hideaway1BR,1BA$1.43
Fountain ParcThe Wealth1BR,1BA$1.65
East Village at Avondale Meadows ApartmentsA21BR,1BA$1.32
Trails at LakesideSuperior1BR,1BA$1.53
The Meadows1 Bedroom 730sf1BR,1BA$1.60
Chateau in the Woods1 Bd/1 Ba Sm ABY1BR,1BA$1.47
Brockton Apartments & TownhomesVL1 .11BR,1BA$1.51
Chateau De VilleBordeauxStudio ,1BA$1.68

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Frequently Asked Questions about Devon

What type of rentals are currently available in Devon?

There are currently 74 Apartments for Rent in Devon, IN with pricing that ranges from $360 to $3,695. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Devon ranging from $694 to $2,800.

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 $694 to $2,800 with an average monthly rent of $1,713.

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 $1,440 to $2,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,850 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.

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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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.