close
View Me
$725Studio Apartments Available Now
Franklin Studios
4985 N Franklin RdIndianapolis, IN 46226
Cheap Apartments for Rent in the Devonshire Neighborhood of Indianapolis, IN from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Devonshire area of Indianapolis.
close
View Me
$839 - $1,785
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$829 - $1,775
Required Monthly Fees
$10
Total Monthly Price
$839 - $1,785
M Club Apartments
7007 Courthouse DrIndianapolis, IN 46226
close
View Me
$842 - $1,3221 to 2 Bedroom Apartments Available Mar 6
The Life at Harrison Trails
5350 Cider Mill LnIndianapolis, IN 46226
close
View Me
$890 - $1,515
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$878 - $1,503
Required Monthly Fees
$12
Total Monthly Price
$890 - $1,515
Timber Point Apartments
6201 Newberry RdIndianapolis, IN 46256
close
View Me
Rent Specials
$896 - $1,542Studio to 2 Bedroom Apartments Available Now
Lake Castleton Apartments
7601 Carlton Arms DrIndianapolis, IN 46256
close
View Me
Rent Specials
$899 - $1,6501 to 3 Bedroom Apartments Available Now
A62 Apartments
6111 Allisonville RdIndianapolis, IN 46220
close
View Me
Rent Specials
$950 - $1,3951 to 2 Bedroom Apartments Available Now
Trails at Lakeside
3836 Arbor Green LnIndianapolis, IN 46220
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
Rent Specials
$950 - $1,8501 to 4 Bedroom Apartments Available Now
Williamsburg North
4430 Brookline CtIndianapolis, IN 46220
close
View Me
$974 - $1,6431 to 3 Bedroom Apartments Available Now
Veridian Castleton
7503 Ivywood CirIndianapolis, IN 46250
close
View Me
Rent Specials
$999 - $1,8651 to 3 Bedroom Apartments Available Now
Castleton Manor Apartments
5850 Laketon DrIndianapolis, IN 46220
close
View Me
$999 - $1,581
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$950 - $1,532
Required Monthly Fees
$49
Total Monthly Price
$999 - $1,581
Chateau in the Woods
4020 Monaco DrIndianapolis, IN 46220
close
View Me
Rent Specials
$1,029 - $2,0641 to 3 Bedroom Apartments Available Now
TGM Avalon Lake
6724 Greenshire DrIndianapolis, IN 46220
close
View Me
$1,035 - $2,882
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$992 - $2,839
Required Monthly Fees
$43
Total Monthly Price
$1,035 - $2,882
Avery Point Apartments
8525 Laurel Valley DrIndianapolis, IN 46250
close
View Me
Rent Specials
$1,040 - $3,255
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$975 - $3,190
Required Monthly Fees
$65
Total Monthly Price
$1,040 - $3,255
Parkside at Castleton Square Apartments and Townhomes
6401 Woods Edge North DrIndianapolis, IN 46250
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
Rent Specials
$1,065 - $1,4301 to 2 Bedroom Apartments Available Now
Waterside at Castleton
8380 Whipporwill DrIndianapolis, IN 46256
close
View Me
Rent Specials
$1,090 - $1,4951 to 2 Bedroom Apartments Available Now
Fallwood
5200 E Fall Creek Parkway North DrIndianapolis, IN 46220
close
View Me
Rent Specials
$1,099 - $1,6751 to 3 Bedroom Apartments Available Now
The Residences on 56th Street
6800 Brendon Way W DrIndianapolis, IN 46226
close
View Me
Rent Specials
$1,099 - $1,2391 to 2 Bedroom Apartments Available Now
The Lenox Apartment Homes
5421 Calder WayIndianapolis, IN 46226
close
View Me
$1,109Studio Apartments Available Now
Furnished Studio-Indianapolis - Castleton
7940 Shadeland AveIndianapolis, IN 46250
close
View Me
Rent Specials
$1,125 - $1,7501 to 3 Bedroom Apartments Available Now
Fountain Parc
4901 Whitton PlIndianapolis, IN 46220
close
View Me
Rent Specials
$1,145 - $1,4351 to 3 Bedroom Apartments Available Now
Woods of Castleton
8281 Clearvista PkyIndianapolis, IN 46256
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.
close
View Me
$1,150 - $3,015
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,107 - $2,972
Required Monthly Fees
$43
Total Monthly Price
$1,150 - $3,015
Bayview Club Apartments
7545 Bayview Club DrIndianapolis, IN 46250
close
View Me
Rent Specials
$1,175 - $1,7601 to 2 Bedroom Apartments Available Now
TGM Shadeland Station
7135 Thatcher DrIndianapolis, IN 46256
close
View Me
Rent Specials
$1,186 - $1,5401 to 2 Bedroom Apartments Available Now
Lakeshore Apartments
8210 Lakeshore Trail East DrIndianapolis, IN 46250
close
View Me
1 to 4 Bedroom Apartments
Canterbury House Apartments - Franklin Road
7955 Kingsmead DrIndianapolis, IN 46226
close
View Me
1 to 3 Bedroom Apartments
Trenton House Apartments
5936 Radnor RdIndianapolis, IN 46226
close
View Me
Studio to 4 Bedroom Apartments
Chateau De Ville
5303 Rue De VilleIndianapolis, IN 46220
close
View Me
1 to 3 Bedroom Apartments
Monon Park, Managed by Buckingham Monon Living
5801 N Olney StIndianapolis, IN 46220
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
1 to 2 Bedroom Apartments
The Lodge Apartments
4816 Alsuda DrIndianapolis, IN 46205
Showing Results 1-29, Page 1 of 1
Devonshire, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Devonshire?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Devonshire Studio Apartments | $928 | $725 | $1,109 |
| Devonshire 1 Bedroom Apartments | $1,199 | $890 | $2,138 |
| Devonshire 2 Bedroom Apartments | $1,432 | $910 | $2,882 |
| Devonshire 3 Bedroom Apartments | $1,825 | $1,185 | $6,542 |
| Devonshire 4 Bedroom Apartments | $1,505 | $1,405 | $1,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Devonshire Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Devonshire, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Devonshire Apartments for Rent
The cheapest available apartment rental in the Devonshire area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $725. M Club Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $848. Here are the most affordable Devonshire apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio,1BA | $725 |
| M Club Apartments | S1 | Studio,1BA | $848 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $850 |
| Lake Castleton Apartments | Congressional | 1BR,1BA | $896 |
| Veridian Castleton | A1 | 1BR,1BA | $899 |
| Chateau De Ville | Bordeaux | Studio,1BA | $923 |
| Trails at Lakeside | Victoria | 1BR,1BA | $950 |
| Williamsburg North | Ashland | 1BR,1BA | $950 |
| Monon Park, Managed by Buckingham Monon Living | 1 Bed 1 Bath | 1BR,1BA | $971 |
| Castleton Manor Apartments | The Banyan | 1BR,1BA | $999 |
Best Value Apartments for Rent in Devonshire, IN
As of February 24, 2026 the best value apartment in the Devonshire area is the $1.15 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,428. The second greatest value Devonshire apartment is the 2Bd/2Ba Up W/D Model at Ivy Knoll Apartments starting at $1,449 with a $1.21 price per square foot in the Roxbury neighborhood. Here is today’s list of the best values for Devonshire apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.15 |
| Ivy Knoll Apartments | 2Bd/2Ba Up W/D | 2BR,2BA | $1.21 |
| Castleton Manor Apartments | The Banyan | 1BR,1.5BA | $1.25 |
| The Lenox Apartment Homes | 1 Bed 1 Bath Apartment - Upgraded | 1BR,1BA | $1.37 |
| Williamsburg North | Ashland | 1BR,1BA | $1.21 |
| Avery Point Apartments | Jade | 1BR,1BA | $1.41 |
| Fallwood | 1 Bed/1.5 Ba Dn | 1BR,1.5BA | $1.43 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.23 |
| Chateau in the Woods | 1 Bd/1 Ba Sm WD RHN | 1BR,1BA | $1.52 |
| M Club Apartments | S1 | Studio ,1BA | $1.53 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Devonshire area?
If you’re an expert on all things Devonshire, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDevonshire, Indianapolis, IN
Ranked #96
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Devonshire Apartments
What is a cheap apartment in Devonshire?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Devonshire is under $999.
What is the price of a cheap apartment in Devonshire?
The cheapest apartment in Devonshire is Timber Point Apartments which is listed at $890, while the average apartment in Devonshire costs $1,647.
What types of apartments are the cheapest in Devonshire?
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 38 regular apartments in Devonshire 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 Devonshire?
Cheap apartments in Devonshire have an average cost of $185 which is $1,462 cheaper than the average rent for all rentals in Devonshire.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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
Written by: Bob Mallory
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.