Cheap Studio Apartments for Rent in the Speedway Neighborhood of Indianapolis, IN from $610 (8 Rentals)

Pinnacle West

The Boardwalk at Westlake Apartments and Townhomes

Mariners Village

The Cedars Apartment Homes
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 | $847 | $610 | $1,085 |
| Speedway 1 Bedroom Apartments | $1,034 | $727 | $1,550 |
| Speedway 2 Bedroom Apartments | $1,278 | $899 | $2,192 |
| Speedway 3 Bedroom Apartments | $1,518 | $1,048 | $2,730 |
| Speedway 4 Bedroom Apartments | $1,452 | $1,274 | $1,724 |
Explore Indianapolis
Speedway, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleSpeedway, Indianapolis, IN
Ranked #63
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 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 $799.
What is the price of a cheap apartment in Speedway?
The cheapest apartment in Speedway is The Stratford which is listed at $520, while the average apartment in Speedway costs $1,536.
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 116 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 $448 which is $1,088 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



