Cheap Apartments for Rent in the Speedway Neighborhood of Indianapolis, IN from $495 (55 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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Auburn West Apartments
Rent Specials
$1,650 - $1,850

Total Monthly Price

Base Rent$1,650 - $1,850
Total Monthly Price$1,650 - $1,850
2 Bedroom Apartments Available Now

Auburn West Apartments

4969 W 16th StIndianapolis, IN 46224
Luxury
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Fisher Apartments
Studio Apartments

Fisher Apartments

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

Sebring Court

1902 Parsons DrIndianapolis, IN 46224
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5911 W 25th St
Studio to 1 Bedroom Apartments

5911 W 25th St

5911-5921 W 25th StIndianapolis, IN 46224

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Speedway, Indianapolis, IN Local Guide

Cheapest Available Speedway Apartments for Rent

 

The cheapest available apartment rental in the Speedway area of Indianapolis, IN is a Studio unit found at Maple Creek Village priced from $700. The Stratford Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $709. Here are the most affordable Speedway apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Maple Creek VillageStudioStudio,1BA$700
The Stratford ApartmentsStudioStudio,1BA$709
The Boardwalk at Westlake Apartments and TownhomesOne Bedroom - 516 sqft1BR,1BA$720
Pinnacle WestOne Bedroom1BR,1BA$750
Mariners Village Apartments0 Bedroom 1 BathroomStudio,1BA$775
The Legend at SpeedwayA11BR,1BA$799
The Meadows Apartment Homes1x1 Hartford Classic1BR,1BA$849
5911 W 25th St1 Bed 1 Bath - Speedway 59111BR,1BA$849
The Fields Apartment Homes1x1 Classic1BR,1BA$849
The Hills Apartment Homes1x1 Classic1BR,1BA$899

Best Value Apartments for Rent in Speedway, IN

As of September 12, 2026 the best value apartment in the Speedway area is the $1.19 price per square foot AUB3RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,450. The second greatest value Speedway apartment is the B2 Haven Townhome Model at Pebble Point Apartments starting at $1,309 with a $1.12 price per square foot in the Timberview 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 ApartmentsAUB3RENO2BR,2BA$1.19
Pebble Point ApartmentsB2 Haven Townhome2BR,1.5BA$1.12
Residences at LawnviewTwo Bedroom One Bath Townhome2BR,1BA$0.96
Mansion Row Apartments7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.25
Darby CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.19
The Riverside Apartment Homes2x1 Townhome Classic2BR,1BA$1.22
Brickyard FlatsB12BR,1BA$1.21
Wildwood Village Apartments2 Bedroom 1 Bathroom2BR,1BA$1.28
The Maywood at SpeedwayThe Vesuvio1BR,1BA$1.29
Mariners Village Apartments0 Bedroom 1 BathroomStudio ,1BA$1.20

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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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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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

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Real 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 Lifestyle
Speedway, Indianapolis, IN

Ranked #50

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Speedway, Indianapolis, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Speedway Apartments

What is the Cheapest Studio apartment in Speedway?

Currently the most affordable Cheap Studio Apartment in Speedway is at Maple Creek Village listed at $700.

How much is rent for a Cheap One Bedroom Speedway Apartment?

The lowest price for a Cheap One Bedroom Speedway Apartment is $720 at The Boardwalk at Westlake Apartments and Townhomes.

What is the lowest price for a Cheap Two Bedroom Speedway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Speedway is starting from $917 at The Legend at Speedway.

What is the most affordable Speedway Three Bedroom Apartment?

The best deal on a cheap Speedway Three Bedroom Apartment rental is at Residences at Lawnview and starts from $1,119.

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.

Helpful Local Expert Guides

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