
Cheap Homes for Rent in the Devonshire Neighborhood of Indianapolis, IN from $300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Devonshire area of Indianapolis.


4985 N Franklin Rd, Unit 1

5976 Radnor Rd, Unit 5936 - 2B
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6302 Rucker Rd

Furnished Studio-Indianapolis - Castleton

8071 Allisonville Rd
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Devonshire, Indianapolis, IN Local Guide

How much does it cost to rent a home in Devonshire?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Devonshire 3 Bedroom Homes for Rent | $1,725 | $1,250 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Devonshire Neighborhood of Indianapolis, IN.
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Devonshire, Indianapolis, IN Local Guide
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Cheapest Available Devonshire Apartments for Rent
 The cheapest available apartment rental in the Devonshire area of Indianapolis, IN is a 2 Beds unit found at Lake Castleton Apartments priced from $172. Franklin Studios has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable Devonshire apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Castleton Apartments | Hancock | 2BR,1BA | $172 |
| Franklin Studios | Studio | Studio,1BA | $665 |
| Chateau De Ville | Bordeaux | Studio,1BA | $773 |
Best Value Apartments for Rent in Devonshire, IN
As of July 28, 2026 the best value apartment in the Devonshire area is the $1.12 price per square foot Winthrop - 1 Full and 2 Half Baths Model at Williamsburg North in the in the Allisonville neighborhood starting from $1,700. The second greatest value Devonshire apartment is the B4 - Townhome Model at Veridian Castleton starting at $1,470 with a $1.18 price per square foot in the Berkley Place 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. |
|---|---|---|---|
| Williamsburg North | Winthrop - 1 Full and 2 Half Baths | 4BR,2BA | $1.12 |
| Veridian Castleton | B4 - Townhome | 2BR,1.5BA | $1.18 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.19 |
| The Lenox Apartment Homes | The Bedford - Renovated | 2BR,2BA | $1.21 |
| Avery Point Apartments | Olive | 2BR,1.5BA | $1.38 |
| A62 Apartments | DuMonde | 2BR,1BA | $1.42 |
| Fallwood | 1 Bed/1.5 Ba Den Up | 1BR,1.5BA | $1.22 |
| Castleton Manor Apartments | The Banyan | 1BR,1.5BA | $1.38 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.23 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $1.26 |
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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
Pet Friendly LifestyleDevonshire, Indianapolis, IN
Ranked #82
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Devonshire
What type of rentals are currently available in Devonshire?
There are currently 54 Apartments for Rent in Devonshire, IN with pricing that ranges from $665 to $7,470. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Devonshire ranging from $375 to $2,200.
What is the current price range for Rental Homes in Devonshire?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Devonshire ranges from $375 to $2,200 with an average monthly rent of $1,050.
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.
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