Cheap Apartments for Rent in the Speedway Neighborhood of Indianapolis, IN from $400 (26 Rentals)

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

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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
  • Utilities Included
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Sebring Court
1 to 3 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224

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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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Brickyard Flats
Studio to 3 Bedroom Apartments

Brickyard Flats

6363 Hollister DrSpeedway, IN 46224
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The Legend at Speedway
1 to 2 Bedroom Apartments

The Legend at Speedway

2202 Fair Oaks DrSpeedway, IN 46224
Corporate Housing
Showing Results 1-26, Page 1 of 1

Cheapest Available Speedway Apartments for Rent

 

The cheapest available apartment rental in the Speedway area of Indianapolis, IN is a Studio unit found at The Stratford priced from $620. Stanford Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $733. Here are the most affordable Speedway apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
The StratfordStudioStudio,1BA$620
Stanford CourtStandard One Bedroom (SN1)1BR,1BA$733
Wildwood Village Apartments1 Bedroom 1 Bathroom1BR,1BA$750
The Life at Northwest Gardens1 BED 1 BATH1BR,1BA$759
Pinnacle WestStudioStudio,1BA$759
The Boardwalk at Westlake Apartments and TownhomesOne Bedroom - 516 sqft1BR,1BA$770
Fishermans VillageCobalt1BR,1BA$779
The Cedars Apartment HomesStudio Apartment - ClassicStudio,1BA$779
Mariners Village Apartments0 Bedroom 1 BathroomStudio,1BA$785
Brickyard FlatsA21BR,1BA$787

Best Value Apartments for Rent in Speedway, IN

As of January 21, 2026 the best value apartment in the Speedway area is the $1.10 price per square foot AUA2RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,125. The second greatest value Speedway apartment is the The Santa Maria Model at The Maywood at Speedway starting at $1,199 with a $1.29 price per square foot in the Cheswick Place neighborhood. Here is today’s list of the best values for Speedway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aura ApartmentsAUA2RENO1BR,1BA$1.10
The Maywood at SpeedwayThe Santa Maria2BR,1.5BA$1.29
Wildwood Village Apartments2 Bedroom 1 Bathroom2BR,1BA$1.28
Mansion Row - Where Historic Charm Meets Modern Convenience!7178A5 1x1.5 (800 sqft)1BR,1.5BA$1.25
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.18
Brickyard FlatsA11BR,1BA$1.23
The Fields Apartment Homes1x1 Upgrade1BR,1BA$1.33
Fishermans VillageCobalt1BR,1BA$1.25
Mariners Village Apartments0 Bedroom 1 BathroomStudio ,1BA$1.30
Pinnacle WestStudioStudio ,1BA$1.38

Frequently Asked Questions about Cheap Speedway Apartments

What is a cheap apartment in Speedway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Speedway is under $787.

What is the price of a cheap apartment in Speedway?

The cheapest apartment in Speedway is Stanford Court which is listed at $733, while the average apartment in Speedway costs $1,471.

What types of apartments are the cheapest in Speedway?

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 108 regular apartments in Speedway 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?

Cheap apartments in Speedway have an average cost of $425 which is $1,046 cheaper than the average rent for all rentals in Speedway.

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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