Cheap Apartments for Rent in the Speedway Wellhead Neighborhood of Indianapolis, IN from $700 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Speedway Wellhead area of Indianapolis.

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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.

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Sebring Court
1 to 3 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224
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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Speedway Wellhead, Indianapolis, IN Local Guide

Cheapest Available Speedway Wellhead Apartments for Rent

 

The cheapest available apartment rental in the Speedway Wellhead area of Indianapolis, IN is a Studio unit found at The Boardwalk at Westlake Apartments and Townhomes priced from $765. The Legend at Speedway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $786. Here are the most affordable Speedway Wellhead apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio,1BA$765
The Legend at SpeedwayA11BR,1BA$786
Mariners VillageStudioStudio,1BA$852
The Maywood at SpeedwayThe Vesuvio1BR,1BA$930
Astoria Park Apartment HomesOne Bedroom - 712 sqft1BR,1BA$985

Best Value Apartments for Rent in Speedway Wellhead, IN

As of May 31, 2025 the best value apartment in the Speedway Wellhead area is the $1.39 price per square foot The Monroe Townhome Model at The Maywood at Speedway in the in the Cheswick Place neighborhood starting from $1,450. The second greatest value Speedway Wellhead apartment is the The Broadway Model at 10 West Apartments starting at $1,291 with a $1.31 price per square foot in the Speedway Wellhead neighborhood. Here is today’s list of the best values for Speedway Wellhead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Maywood at SpeedwayThe Monroe Townhome2BR,1.5BA$1.39
10 West ApartmentsThe Broadway2BR,2BA$1.31
Astoria Park Apartment HomesTwo Bedroom 1.5 Bath - 940 sqft2BR,1.5BA$1.56
The HermitageThe Haven2BR,2BA$1.56
Idlewood ApartmentsB-12BR,1BA$1.31
Eagle Lake LandingThe Islander1BR,1BA$1.45
The Park at Greenhill2 Bedroom 1 Bath, 715 sf - Creek Side2BR,1BA$1.59
Eagle’s EdgeBlue Jay2BR,1BA$1.72
Mariners VillageStudioStudio ,1BA$1.41
The Legend at SpeedwayA11BR,1BA$1.38

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Pet Friendly Lifestyle
Speedway Wellhead, Indianapolis, IN

Ranked #142

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Speedway Wellhead, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Western Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, multifamily communities for the kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Speedway Wellhead Apartments

What is a cheap apartment in Speedway Wellhead?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Speedway Wellhead is under $1,212.

What is the price of a cheap apartment in Speedway Wellhead?

The cheapest apartment in Speedway Wellhead is The Legend at Speedway which is listed at $786, while the average apartment in Speedway Wellhead costs $1,666.

What types of apartments are the cheapest in Speedway Wellhead?

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 6 regular apartments in Speedway Wellhead 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 Speedway Wellhead?

Cheap apartments in Speedway Wellhead have an average cost of $168 which is $1,498 cheaper than the average rent for all rentals in Speedway Wellhead.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.