
Cheap Apartments for Rent in Speedway, IN from $400 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in Speedway.


Brickyard Flats

The Legend at Speedway

1043 N Holmes Ave

The Stratford Apartments

Maple Creek Village

The Boardwalk at Westlake Apartments and Townhomes

Pinnacle West

Eagle Creek Court

Mariners Village Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Life at Wood Springs

Darby Court

Fisherman's Village

Residences at Lawnview

The Life at White Pines

The Meadows Apartment Homes

3553 W Michigan St, Unit 3553

The Fields Apartment Homes

Woodhaven Park

The Park at Greenhill
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Astoria Park Apartment Homes

The Maywood at Speedway

Wildwood Village Apartments

The Life at Northwest Gardens

The Hermitage

Woods at Oak Crossing

The Hills Apartment Homes

Spinnaker Court

Deercross

Total Monthly Price
Wylde at Eagle Creek
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Eagle Lake Landing

Ashton Pointe

Auburn Hills Apartments

Idlewood Apartments

Carriage House West

The Cedars Apartment Homes

Aura Apartments

Pebble Point Apartments

Eagle’s Edge

Loch Haven
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Addison Creek

Fisher Apartments

Three Fountains West Cooperative

Whispering Pines

Cloverleaf Apartments & Townhomes

Pinewood Village Apartments

Mayfield Green Cooperative

623 N Tibbs Ave

Marabou Mills

1111 Medford Ave
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.
Speedway, IN Local Guide

How much does it cost to rent an apartment in Speedway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Speedway Studio Apartments | $804 | $699 | $1,010 |
| Cheap Speedway 1 Bedroom Apartments | $1,026 | $767 | $2,354 |
| Cheap Speedway 2 Bedroom Apartments | $1,323 | $850 | $2,782 |
| Cheap Speedway 3 Bedroom Apartments | $1,631 | $1,075 | $4,056 |
| Cheap Speedway 4 Bedroom Apartments | $1,955 | $1,663 | $3,184 |
Browse Top Apartments in Speedway
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Speedway, IN Local Guide
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Cheapest Available Speedway Apartments for Rent
 The cheapest available apartment rental in Speedway, IN is a Studio unit found at Maple Creek Village in the Westside Indianapolis neighborhood priced from $700. The Boardwalk at Westlake Apartments and Townhomes in the Westside Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here is today’s list of the most affordable Speedway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maple Creek Village | Studio | Studio,1BA | $700 |
| The Boardwalk at Westlake Apartments and Townhomes | Studio - 441 sqft | Studio,1BA | $715 |
| Pinnacle West | One Bedroom | 1BR,1BA | $750 |
| The Life at Wood Springs | 1 BEDROOM | 1 BATHROOM A | 1BR,1BA | $780 |
| The Legend at Speedway | A1 | 1BR,1BA | $799 |
| The Stratford Apartments | Studio W/ Den | Studio,1BA | $829 |
| Fisherman's Village | A1 Cobalt | 1BR,1BA | $839 |
| Residences at Lawnview | One Bedroom One Bath Mid-Rise | 1BR,1BA | $849 |
| The Life at White Pines | PINE | 1BR,1BA | $849 |
| The Meadows Apartment Homes | 1x1 Hartford Classic | 1BR,1BA | $849 |
Best Value Apartments for Rent in Speedway, IN
As of July 29, 2026 the best value apartment in the Speedway area is the $1.19 price per square foot AUB3RENO Model at Aura Apartments in the in the Cheswick Place neighborhood starting from $1,450. The second greatest value Speedway apartment is the 7178B1 Traditional 2x2 (1100 sqft) Model at Mansion Row Apartments starting at $1,359 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 | AUB3RENO | 2BR,2BA | $1.19 |
| Mansion Row Apartments | 7178B1 Traditional 2x2 (1100 sqft) | 2BR,2BA | $1.24 |
| Villa Del Sol Apartments | ??** Waiting List ** 3 Bed / 1.5 Bath Small Tow... | 3BR,1.5BA | $1.20 |
| Wildwood Village Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.07 |
| Mariners Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.83 |
| Woods at Oak Crossing | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.11 |
| Proctor Place | 2 Bedroom | 2BR,1BA | $1.10 |
| Brickyard Flats | B1 | 2BR,1BA | $1.21 |
| The Maywood at Speedway | The Napoli | 1BR,1BA | $1.28 |
| The Life at White Pines | PINE | 1BR,1BA | $1.22 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Speedway, IN
James A Allison Elementary School 3
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Speedway, IN Rentals by Map
See the most popular apartments and homes in Speedway, IN
Frequently Asked Questions about Cheap Speedway Apartments
What is the Cheapest Studio apartment in Speedway?
Currently the most affordable Cheap Studio Apartment in Speedway is at Maple Creek Village listed at $700.
How much is rent for a Cheap One Bedroom Speedway Apartment?
The lowest price for a Cheap One Bedroom Speedway Apartment is $750 at Pinnacle West.
What is the lowest price for a Cheap Two Bedroom Speedway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Speedway is starting from $917 at The Legend at Speedway.
What is the most affordable Speedway Three Bedroom Apartment?
The best deal on a cheap Speedway Three Bedroom Apartment rental is at Proctor Place and starts from $1,131.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.