6115 Redcoach Ln
IndianapolisIN46250
Cheap Homes for Rent in Devonshire Neighborhood of Indianapolis, IN from $300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Devonshire area of Indianapolis.
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$649Studio Apartments Available Now
4985 N Franklin Rd, Unit 1
4985 N Franklin RdIndianapolis, IN 46226
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
8071 Allisonville Rd
IndianapolisIN46250
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$2,009Studio Apartments Available Now
Furnished Studio-Indianapolis - Castleton
7940 Shadeland AveIndianapolis, IN 46250
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.
7211 Lesley Ave
IndianapolisIN46250
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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 4 Bedroom Homes for Rent | $2,660 | $2,660 | $2,660 |
| Devonshire 5 Bedroom Homes for Rent | $4,950 | $4,950 | $4,950 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Studio unit found at Franklin Studios priced from $665. M Club Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $687. 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 | $665 |
| M Club Apartments | S1 | Studio,1BA | $687 |
| The Life at Harrison Trails | 1 BED 1 BATH A (LOFT) | 1BR,1BA | $842 |
Best Value Apartments for Rent in Devonshire, IN
As of June 12, 2026 the best value apartment in the Devonshire area is the $1.18 price per square foot B4 - Townhome Model at Veridian Castleton in the in the Berkley Place neighborhood starting from $1,470. The second greatest value Devonshire apartment is the The Cambridge - Upgraded Model at The Lenox Apartment Homes starting at $1,299 with a $1.08 price per square foot in the Far Eastside 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 | $1.18 |
| The Lenox Apartment Homes | The Cambridge - Upgraded | 2BR,2BA | $1.08 |
| Ivy Knoll Apartments | 2Bd/2Ba Dn W/D | 2BR,2BA | $1.09 |
| Chateau in the Woods | 2 Bd/2 Ba Large BRDX | 2BR,2BA | $1.06 |
| Fountain Parc | The Lotte | 3BR,2BA | $1.34 |
| Fallwood | 1 Bed/1.5 Ba Den Up | 1BR,1.5BA | $1.31 |
| The Life at Harrison Trails | 2 BED 1 BATH | 2BR,1BA | $1.30 |
| Castleton Manor Apartments | The Banyan | 1BR,1.5BA | $1.25 |
| Williamsburg North | Ashland | 1BR,1BA | $1.21 |
| Timber Point Apartments | The Ayers | 1BR,1BA | $1.24 |
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.
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Your 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
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Pet Friendly LifestyleDevonshire, Indianapolis, IN
Ranked #86
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 $649 to $5,463. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Devonshire ranging from $375 to $4,950.
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 $4,950 with an average monthly rent of $2,661.
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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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.