
Cheap Homes for Rent in Speedway Neighborhood of Indianapolis, IN from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Speedway area of Indianapolis.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4014 Corwyn Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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2620 Eagledale Dr
Speedway, Indianapolis, IN Local Guide

How much does it cost to rent a home in Speedway?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Speedway 2 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Speedway 3 Bedroom Homes for Rent | $1,844 | $1,250 | $3,850 |
Speedway 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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
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Best Value Apartments for Rent in Speedway, IN
As of September 14, 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 $1,400. The second greatest value Speedway apartment is the 5831 Suburban Dr Model at 5831 Suburban Dr, Unit Studio A starting at $1,075 with a $0.90 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 |
5831 Suburban Dr, Unit Studio A | 5831 Suburban Dr | Studio ,1BA | $0.90 |
Mansion Row - Where Historic Charm Meets Modern | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.24 |
The Hills Apartment Homes | 3 Bedroom 2 Bath Apartment | 3BR,2BA | $1.21 |
Pebble Point | The Escape | 2BR,2BA | $1.19 |
The Maywood at Speedway | The Santa Maria | 2BR,1.5BA | $1.29 |
The Fields Apartment Homes | 1 Bedroom 1 Bathroom Apartment Deluxe | 1BR,1BA | $1.09 |
The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.11 |
The Life at White Pines | PINE | 1BR,1BA | $1.19 |
Eagle Creek Court | Deluxe One Bedroom (AN1) | 1BR,1BA | $1.29 |
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 #78
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
Frequently Asked Questions about Speedway
What type of rentals are currently available in Speedway?
There are currently 66 Apartments for Rent in Speedway, IN with pricing that ranges from $707 to $3,606. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Speedway ranging from $1,250 to $3,850.
What is the current price range for Rental Homes in Speedway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Speedway ranges from $1,250 to $3,850 with an average monthly rent of $1,714.
How much are larger Three and Four Bedroom Rentals in Speedway?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Speedway range from $1,279 to $3,606, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,850. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,475.
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 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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.