TGM Avalon Lake
6724 Greenshire Dr,
Indianapolis, IN 46220
$1,029 - $2,064
1-3 Beds
Devonshire
Indianapolis, IN
Devonshire - Indianapolis, IN
Area Guide
Niche Reviews 
A peaceful oasis surrounded by big-city amenities
Affordable
•
Suburban
•
Community
•
Family-Friendly
•
Commuter
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Devonshire is a quiet residential community that feels like a small town yet sits just minutes from amenities like Blind Owl Brewery and George’s Neighborhood Grill. Residents have easy access to Castleton Square for their shopping needs, which is also surrounded by supermarkets and other big-box stores. Locals enjoy the great outdoors by visiting Fort Harrison State Park across Interstate 465. This 17,000-acre park offers cross-country skiing, fishing, hiking, and beautiful sunsets over the pond. Devonshire sits just 10 miles northeast of Downtown Indianapolis, making it the ideal neighborhood for commuters.
Rent Trends
As of February 2026, the average apartment rent in Devonshire is $1,092 for one bedroom, $1,407 for two bedrooms, and $1,757 for three bedrooms. Apartment rent in Devonshire has decreased by -1.4% in the past year.
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1 BR
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730 sq ft
Average Sq Ft
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$1,092/month
Average Rent
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2 BR
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1,123 sq ft
Average Sq Ft
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$1,407/month
Average Rent
-
3 BR
-
1,572 sq ft
Average Sq Ft
-
$1,757/month
Average Rent
Transportation
49
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
15
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
46
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Reviews of Devonshire - Indianapolis, IN
Niche Reviews
2 Reviews
Current Resident
7 years and 5 months ago•Niche Review
My wife and I have lived in Devonshire for over 5 years. We have found it to be a quiet and friendly neighborhood with a mix of younger and more mature families. We enjoy the close proximity to everything we enjoy, nature, hiking, bike trails and other great neighborhoods like Broad Ripple and others.
Points of Interest
Shopping Centers
Parks and Recreation
- Broad Ripple Park
- Fort Harrison State Park
- William S. Sahm Park
- Ritchey Woods Nature Preserve
- Fishers Heritage Park
Commuter Rail
Airports
- Indianapolis International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.