Cheap Homes for Rent in Speedway Neighborhood of Indianapolis, IN from $1,200 (3 Rentals)

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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.

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.

Speedway, Indianapolis, IN Local Guide

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Aura ApartmentsAUB2RENO2BR,1BA$1.17
5831 Suburban Dr, Unit Studio A5831 Suburban DrStudio ,1BA$0.90
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.24
The Hills Apartment Homes3 Bedroom 2 Bath Apartment3BR,2BA$1.21
Pebble PointThe Escape2BR,2BA$1.19
The Maywood at SpeedwayThe Santa Maria2BR,1.5BA$1.29
The Fields Apartment Homes1 Bedroom 1 Bathroom Apartment Deluxe1BR,1BA$1.09
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.11
The Life at White PinesPINE1BR,1BA$1.19
Eagle Creek CourtDeluxe One Bedroom (AN1)1BR,1BA$1.29

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Pet Friendly Lifestyle
Speedway, Indianapolis, IN

Ranked #78

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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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.

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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.