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$689 - $2,5021 to 3 Bedroom Apartments Available Now
Hills Apartments
5515 Pleasant Hill CirIndianapolis, IN 46224
Cheap Apartments for Rent in the Speedway Neighborhood of Indianapolis, IN from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Speedway area of Indianapolis.
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$707 - $1,2011 to 2 Bedroom Apartments Available Sep 2
Eagle Creek Court
2148 Augusta Dr EIndianapolis, IN 46224
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$721 - $2,7581 to 3 Bedroom Apartments Available Now
Fields Apartments
3215 N Alton AveIndianapolis, IN 46222
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Rent Specials
$759 - $1,529Studio to 2 Bedroom Apartments Available Now
Pinnacle West
230 Welcome Way BlvdIndianapolis, IN 46214
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$760 - $2,800Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$781 - $1,3741 to 3 Bedroom Apartments Contact Us For Availability
Darby Court
2135 N High School RdIndianapolis, IN 46224
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$800 - $2,6431 to 3 Bedroom Apartments Available Now
Riverside Apartments
2638 Cold Spring Manor DrIndianapolis, IN 46222
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$800 - $1,6551 to 2 Bedroom Apartments Available Now
Spinnaker Court Apartments
3685 St Thomas BlvdIndianapolis, IN 46214
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$814 - $2,468Studio to 2 Bedroom Apartments Available Aug 1
Cedars Apartments
3417 N Rybolt AveIndianapolis, IN 46222
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$824 - $3,506Studio to 3 Bedroom Apartments Available Aug 1
Meadows Apartments
5505 Scarlet DrIndianapolis, IN 46224
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$843 - $1,317Studio to 2 Bedroom Apartments Available Now
Mariners Village
7135 Islander DrIndianapolis, IN 46214
The Art of the Rental Viewing: What to look for during a property tour
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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$864 - $1,520Studio to 3 Bedroom Apartments Available Now
Abney Lake
3451 Sherburne LnIndianapolis, IN 46222
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-20, Page 1 of 1
Speedway, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Speedway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Speedway Studio Apartments | $1,082 | $759 | $1,617 |
| Speedway 1 Bedroom Apartments | $1,183 | $689 | $2,603 |
| Speedway 2 Bedroom Apartments | $1,489 | $963 | $2,864 |
| Speedway 3 Bedroom Apartments | $1,733 | $1,131 | $3,521 |
| Speedway 4 Bedroom Apartments | $1,499 | $1,475 | $1,619 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Speedway Neighborhood of Indianapolis, IN.
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Speedway, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
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Cheapest Available Speedway Apartments for Rent
The cheapest available apartment rental in the Speedway area of Indianapolis, IN is a 1 Bed unit found at Hills Apartments priced from $689. Stanford Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $713. Here are the most affordable Speedway apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $689 |
| Stanford Court | Standard One Bedroom (SN1) | 1BR,1BA | $713 |
| Fields Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $721 |
| Wildwood Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $750 |
| Pinnacle West | Studio | Studio,1BA | $759 |
Best Value Apartments for Rent in Speedway, IN
As of July 21, 2025 the best value apartment in the Speedway area is the $1.17 price per square foot AUB2RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,399. The second greatest value Speedway apartment is the 3 Bedroom 1 Bath Model at El Dorado starting at $1,285 with a $1.07 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aura Apartments | AUB2RENO | 2BR,1BA | $1.17 |
| El Dorado | 3 Bedroom 1 Bath | 3BR,1BA | $1.07 |
| Brickyard Flats | C1 | 2BR,2BA | $1.16 |
| Ashton Pointe | Three Bedroom Townhome | 3BR,1.5BA | $1.30 |
| Mansion Row - Where Historic Charm Meets Modern | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.24 |
| Mariners Village | One Bedroom One Bathroom | 1BR,1BA | $0.82 |
| Pebble Point | The Escape | 2BR,2BA | $1.21 |
| Proctor Place | 2 Bedroom | 2BR,1BA | $1.23 |
| Wildwood Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
| Fields Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.09 |
Quick Rent Budget Calculator
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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 LifestyleSpeedway, Indianapolis, IN
Ranked #58
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Speedway, Indianapolis, IN
James A Allison Elementary School 3
School Town Of Speedway
Public School - Grades K-6 (246)
9 out of 10
School data provided by Great Schools
Getting Around the Speedway Neighborhood in Indianapolis, IN
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
3 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Pinnacle West listed at $759.
How much is rent for a Cheap One Bedroom Speedway Apartment?
The lowest price for a Cheap One Bedroom Speedway Apartment is $689 at Hills Apartments.
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 $894 at The Life at Northwest Gardens.
What is the most affordable Speedway Three Bedroom Apartment?
The best deal on a cheap Speedway Three Bedroom Apartment rental is at Proctor Place and starts from $1,131.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
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.
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.