Cheap Apartments for Rent in Speedway, IN from $400 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Speedway.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Addison Creek
1 to 4 Bedroom Apartments

Addison Creek

58 Port Ocall DrIndianapolis, IN 46224
  • Utilities Included
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Fisher Apartments
Studio Apartments

Fisher Apartments

5125 W 10th StIndianapolis, IN 46224
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Whispering Pines
1 to 3 Bedroom Apartments

Whispering Pines

4444 Mission DrIndianapolis, IN 46254
  • Utilities Included

Cash 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.

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Sebring Court
1 to 2 Bedroom Apartments

Sebring Court

1902 Parsons DrIndianapolis, IN 46224
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Maple Creek Village
Studio to 4 Bedroom Apartments

Maple Creek Village

3800 W Michigan StIndianapolis, IN 46222
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Speedway, IN Local Guide

Cheapest Available Speedway Apartments for Rent

 

The cheapest available apartment rental in Speedway, IN is a Studio unit found at The Stratford in the Cheswick Place neighborhood priced from $520. Marabou Mills in the Timberview neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $740. Here is today’s list of the most affordable Speedway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The StratfordStudioStudio,1BA$520
Marabou MillsStudioStudio,1BA$740
Wildwood Village Apartments1 Bedroom 1 Bathroom1BR,1BA$750
The Life at Wood Springs1 BEDROOM | 1 BATHROOM A1BR,1BA$750
Pinnacle WestStudioStudio,1BA$759
The Cedars Apartment HomesStudio ApartmentStudio,1BA$779
The Boardwalk at Westlake Apartments and TownhomesStudio - 441 sqftStudio,1BA$780
Mariners VillageStudioStudio,1BA$783
The Legend at SpeedwayA11BR,1BA$786
The Riverside Apartment Homes1 Bedroom 1 Bath Apartment1BR,1BA$799

Best Value Apartments for Rent in Speedway, IN

As of August 31, 2025 the best value apartment in the Speedway area is the $1.07 price per square foot 3 Bedroom 1 Bath Model at El Dorado in the in the Cheswick Place neighborhood starting from $1,285. The second greatest value Speedway apartment is the 7178B1 Traditional 2x2 (1100 sqft) Model at Mansion Row - Where Historic Charm Meets Modern 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 ListingModel NameBed/BathPrice Per Sq.Ft.
El Dorado3 Bedroom 1 Bath3BR,1BA$1.07
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
Aura ApartmentsAUA1RENO1BR,1BA$1.07
Pebble PointThe Escape2BR,2BA$1.21
Covington SquareTwo Bedroom One Bath2BR,1BA$1.18
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
Wildwood Village Apartments1 Bedroom 1 Bathroom1BR,1BA$1.15

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Best Local Schools in
Speedway, IN

School data provided by Great Schools

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Getting Around Speedway, IN

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

2 / 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 the Cheapest Studio apartment in Speedway?

Currently the most affordable Cheap Studio Apartment in Speedway is at The Stratford listed at $520.

How much is rent for a Cheap One Bedroom Speedway Apartment?

The lowest price for a Cheap One Bedroom Speedway Apartment is $750 at Wildwood Village Apartments.

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 $820 at Union at 16th.

What is the most affordable Speedway Three Bedroom Apartment?

The best deal on a cheap Speedway Three Bedroom Apartment rental is at The Fields Apartment Homes and starts from $1,279.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.