Zumper
modified
9 Hours Ago

Highlights

  • Pet Friendly
  • Laundry facility
  • Urban living
  • 24-hour emergency maintenance
  • Convenient amenities

Location

412 N Alabama St, Indianapolis, IN 46204, USA|Downtown Indianapolis
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Tour Devonshire Apartments in Downtown Indianapolis

Contact

Management

Deylen Realty, Inc.

Leasing office

(317) 638-2000

Property Overview

Devonshire Apartments in Downtown Indianapolis offers strong overall value with a Zumper Expert Rating of 7.3/10, highlighted by excellent amenities and location scores of 9/10 and a solid 7/10 for trustworthiness. Residents benefit from convenient urban living with features like on-site laundry, 24-hour emergency maintenance, and proximity to highly rated nearby schools. The community is especially appealing for an active social life, pet friendliness, and fitness and wellness, with abundant restaurants, cultural venues, parks, gyms, and pet services within a short distance.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.3
Very Good
Devonshire Apartments in Downtown Indianapolis is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Middle school nearby
  • Elementary school nearby
  • Laundry available on site

Great for

  • Social life
  • Wellness
  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath375+ sqft$890–$990 /mo4 units availableDiscover Devonshire’s historic one-bedroom apartments, nestled in the vibrant Mass Avenue Cultural Arts District in Downtown Indianapolis. These charming apartments feature oak hardwood floors, classic crown molding, mini blinds, and secure building entry. Residents enjoy access to convenient amenities like a laundry facility, 24-hour emergency maintenance, and more. Live in one of the best downtown Indy neighborhoods, steps away from top dining, shopping, and entertainment options. Plus, Devonshire is just 2 miles from Indiana University Indianapolis (IU) campus and close to major downtown Indianapolis employers. Experience urban living at its finest!

Let's explore this property.

Amenities for Devonshire Apartments in Downtown Indianapolis

Apartment Amenities

Central HeatHeating
Trash

Building

Cats OKControlled Building
Dogs OKOnsite Laundry
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units37
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About Devonshire Apartments in Downtown Indianapolis

HomeApartments in IndianapolisDowntown Indianapolis Devonshire Apartments in Downtown Indianapolis

Discover Devonshire’s historic one-bedroom apartments, nestled in the vibrant Mass Avenue Cultural Arts District in Downtown Indianapolis. These charming apartments feature oak hardwood floors, classic crown molding, mini blinds, and secure building entry. Residents enjoy access to convenient amenities like a laundry facility, 24-hour emergency maintenance, and more. Live in one of the best downtown Indy neighborhoods, steps away from top dining, shopping, and entertainment options. Plus, Devonshire is just 2 miles from Indiana University Indianapolis (IU) campus and close to major downtown Indianapolis employers. Experience urban living at its finest!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.3
/10
Very Good
Devonshire Apartments in Downtown Indianapolis is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Devonshire Apartments in Downtown Indianapolis
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Devonshire Apartments in Downtown Indianapolis is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Devonshire Apartments in Downtown Indianapolis goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Devonshire Apartments in Downtown Indianapolis receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Devonshire Apartments in Downtown Indianapolis is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Devonshire Apartments in Downtown Indianapolis does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Devonshire Apartments in Downtown Indianapolis provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Devonshire Apartments in Downtown Indianapolis is great for:

Social life

  • 405 restaurants within 1 mile of this property
  • 71 theaters, music venues, or sports arenas nearby
  • 192 museums, art galleries, or cultural centers within 1 mile
  • 441 mixed-use spaces nearby

Wellness

  • 10 farmers markets or health food stores nearby
  • HVAC systems available onsite
  • 87 parks nearby
  • 59 gyms or yoga centers nearby

Pet owners

  • 1 dog park within 1 mile
  • 6 pet hospitals in the area
  • 9 pet supply stores near the property
  • 3 pet grooming services nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Devonshire Apartments in Downtown Indianapolis compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.3 mile away
Elementary school nearby
There is an elementary school 0.2 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Downtown Indianapolis

1-bedroom apartments at Devonshire Apartments in Downtown Indianapolis cost about 44% less than the average rent price for 1-bedroom apartments in Downtown Indianapolis.

Median rents as of May 2 2026.
Downtown Indianapolis
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
May 2024$1,124
June 2024$1,171
July 2024$1,091
August 2024$1,047
September 2024$1,090
October 2024$1,131
November 2024$1,126
December 2024$1,105
January 2025$1,194
February 2025$1,191
March 2025$1,151
April 2025$1,121
May 2025$1,139
June 2025$1,158
July 2025$1,185
August 2025$1,178
September 2025$1,065
October 2025$1,063
November 2025$1,048
December 2025$1,029
January 2026$1,039
February 2026$1,034
March 2026$1,004
April 2026$955
May 2026$939
A table of studio rental data trends in Downtown Indianapolis
MonthMedian Rent
May 2024$1,308
June 2024$1,335
July 2024$1,350
August 2024$1,361
September 2024$1,359
October 2024$1,327
November 2024$1,338
December 2024$1,332
January 2025$1,349
February 2025$1,352
March 2025$1,376
April 2025$1,553
May 2025$1,707
June 2025$1,456
July 2025$1,477
August 2025$1,450
September 2025$1,413
October 2025$1,414
November 2025$1,425
December 2025$1,424
January 2026$1,502
February 2026$1,519
March 2026$1,507
April 2026$1,467
May 2026$1,490

Affordability calculator

Can I afford to live at 412 N Alabama St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$35,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,600 annually to afford this 1-bedroom monthly rent price of $890.
For more information on rent affordability, visit our rent calculator.

Schools near Devonshire Apartments in Downtown Indianapolis

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Family Development Services, Inc. Service Center II Head Start

3637 n meridian st

indianapolis, IN, 46208

PKPublic

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Internet available near Devonshire Apartments in Downtown Indianapolis

Getting around Indianapolis near 412 N Alabama St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 412 N Alabama St, Indianapolis

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Explore the area around 412 N Alabama St

Needler's Fresh Market
320 N New Jersey St
Indianapolis City Market
222 E Market St
Market Square Tap Room
320 E Market St
Whole Foods Market
320 E Market St
Kroger
227 W Michigan St

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