
Cheap Homes for Rent in Devon Neighborhood of Indianapolis, IN from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Devon area of Indianapolis.


6005 Dickson Rd

3750 Hillside Ave

3502 Brouse Ave

3710 N Irvington Ave

3964 N Lesley Ave

4842 Hillside Ave
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2007 E 38th St

3121 Eastern Ave

3729 Kinnear Ave

3531 N Butler Ave

1829 E 49th St

3104 N Webster Ave

5902 E 32nd St
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Devon, Indianapolis, IN Local Guide

How much does it cost to rent a home in Devon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Devon 2 Bedroom Homes for Rent | $1,299 | $775 | $2,250 |
| Devon 3 Bedroom Homes for Rent | $1,467 | $945 | $2,450 |
| Devon 4 Bedroom Homes for Rent | $1,643 | $1,247 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 Studio unit found at Glenstone Studios priced from $649. Monon Park, Managed by Buckingham Monon Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $806. Here are the most affordable Devon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio,1BA | $649 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $806 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR,1BA | $879 |
| A62 Apartments | LePetit | 1BR,1BA | $899 |
| Chateau De Ville | Bordeaux | Studio,1BA | $923 |
Best Value Apartments for Rent in Devon, IN
As of January 27, 2026 the best value apartment in the Devon area is the $1.27 price per square foot 2BR/1BA Model at Park Forest Apartments in the in the Southeast Indianapolis neighborhood starting from $1,180. The second greatest value Devon apartment is the DuMonde Model at A62 Apartments starting at $1,325 with a $1.51 price per square foot in the Allisonville 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. |
|---|---|---|---|
| Park Forest Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| A62 Apartments | DuMonde | 2BR,1BA | $1.51 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.25 |
| East Village at Avondale Meadows Apartments | A1 | 1BR,1BA | $1.24 |
| Fallwood | 1 Bed/1.5 Ba Dn | 1BR,1.5BA | $1.43 |
| The Meadows | 1 Bedroom 730sf | 1BR,1BA | $1.58 |
| 7 Pointe Apartments | Admiral | 1BR,1BA | $1.36 |
| Chateau in the Woods | 1 Bd/1 Ba Sm WD RHN | 1BR,1BA | $1.52 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR,1BA | $1.37 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $1.34 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleDevon, Indianapolis, IN
Ranked #180
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Devon
What type of rentals are currently available in Devon?
There are currently 82 Apartments for Rent in Devon, IN with pricing that ranges from $649 to $7,156. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Devon ranging from $725 to $2,450.
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 $725 to $2,450 with an average monthly rent of $1,358.
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 $1,075 to $7,156, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,247 and Four Bedroom Apartments start at $975.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.