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from $7071 to 2 Bedroom Apartments Contact Us For Availability
Eagle Creek Court
2148 Augusta Dr EIndianapolis, IN 46224
Cheap Apartments for Rent in the Speedway Neighborhood of Indianapolis, IN from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Speedway area of Indianapolis.
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from $770Studio to 3 Bedroom Apartments Available Now
The Boardwalk at Westlake Apartments and Townhomes
6000 Westlake DrIndianapolis, IN 46224
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from $7811 to 3 Bedroom Apartments Available Jun 10
Darby Court
2135 N High School RdIndianapolis, IN 46224
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from $800Studio to 4 Bedroom Apartments Contact Us For Availability
Maple Creek Village
3800 W Michigan StIndianapolis, IN 46222
608 N Lyons Ave
IndianapolisIN46222
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from $8491 to 3 Bedroom Apartments Available Now
Hills Apartments
5515 Pleasant Hill CirIndianapolis, IN 46224
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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from $852Studio to 2 Bedroom Apartments Available Now
Mariners Village
7135 Islander DrIndianapolis, IN 46214
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from $864Studio to 3 Bedroom Apartments Available Now
Abney Lake
3451 Sherburne LnIndianapolis, IN 46222
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from $7131 to 2 Bedroom Apartments Contact Us For Availability
Stanford Court
1815 Foyt DrSpeedway, IN 46224
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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 1-14, 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 | $1,087 | $770 | $1,610 |
| Speedway 1 Bedroom Apartments | $1,229 | $707 | $2,562 |
| Speedway 2 Bedroom Apartments | $1,476 | $906 | $2,860 |
| Speedway 3 Bedroom Apartments | $1,687 | $1,250 | $3,306 |
| Speedway 4 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 14 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
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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 Boardwalk at Westlake Apartments and Townhomes priced from $770. 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 apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 467 sqft | Studio,1BA | $770 |
| The Legend at Speedway | A1 | 1BR,1BA | $786 |
| Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $849 |
| Mariners Village | Studio | Studio,1BA | $852 |
| Abney Lake | 1 Bedroom | 1BR,1BA | $864 |
Best Value Apartments for Rent in Speedway, IN
As of June 03, 2025 the best value apartment in the Speedway 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 apartment is the B-1 Model at Idlewood Apartments starting at $1,170 with a $1.31 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Maywood at Speedway | The Monroe Townhome | 2BR,1.5BA | $1.39 |
| Idlewood Apartments | B-1 | 2BR,1BA | $1.31 |
| Carriage House West | The Addison | 2BR,1BA | $1.50 |
| Eagle Lake Landing | The Islander | 1BR,1BA | $1.45 |
| Abney Lake | 1 Bedroom Fireplace | 1BR,1BA | $1.25 |
| Astoria Park Apartment Homes | One Bedroom - 670 sqft | 1BR,1BA | $1.52 |
| The Hermitage | The Retreat | 1BR,1BA | $1.56 |
| Hills Apartments | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1.36 |
| Mariners Village | Studio | Studio ,1BA | $1.41 |
| The Legend at Speedway | A1 | 1BR,1BA | $1.38 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSpeedway, Indianapolis, IN
Ranked #139
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 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 $1,094.
What is the price of a cheap apartment in Speedway?
The cheapest apartment in Speedway is The Legend at Speedway which is listed at $786, while the average apartment in Speedway costs $1,700.
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 6 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 $942 which is $758 cheaper than the average rent for all rentals in Speedway.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.