
Cheap Homes for Rent in Speedway Neighborhood of Indianapolis, IN from $1,000 (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.

6037 W 25th St
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.

5446 Carlton Ct
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 | $1,075 | $1,050 | $1,100 |
| Speedway 3 Bedroom Homes for Rent | $1,445 | $1,360 | $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 March 12, 2026 the best value apartment in the Speedway area is the $1.21 price per square foot AUB2RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,450. The second greatest value Speedway apartment is the Spacious Two-Bedroom, Two-Bath Apartment Home! Model at Mansion Row - Where Historic Charm Meets Modern Convenience! starting at $1,367 with a $1.24 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 | $1.21 |
| Mansion Row - Where Historic Charm Meets Modern Convenience! | Spacious Two-Bedroom, Two-Bath Apartment Home! | 2BR,2BA | $1.24 |
| The Fields Apartment Homes | 2x2 Renovated | 2BR,2BA | $1.16 |
| The Meadows Apartment Homes | 2x1 Townhome Classic | 2BR,1BA | $1.21 |
| Darby Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.19 |
| The Maywood at Speedway | The Santa Maria | 2BR,1.5BA | $1.29 |
| Wildwood Village Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
| Astoria Park Apartment Homes | Two Bedroom - 850 sqft | 2BR,1BA | $1.28 |
| The Stratford | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Brickyard Flats | A1 | 1BR,1BA | $1.23 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour 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
Read ArticleQuick 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 #66
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 64 Apartments for Rent in Speedway, IN with pricing that ranges from $620 to $3,497. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Speedway ranging from $1,050 to $1,600.
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 $1,050 to $1,600 with an average monthly rent of $1,260.
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

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.