
Cheap Homes for Rent near Speedway, IN from $725 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Speedway.


1111 Medford Ave

47 Port Sylvia Dr

1719 N Livingston Ave

3266 Lupine Dr

37 S Lynhurst Dr
Rent According to Income: A Look at Income-Restricted Rentals
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832 Waldemere Ave

6011 W 25th St

5801 W 25th St

2230 N Goodlet Ave

327 Laclede St

2318 Groff Ave
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2250 N Goodlet Ave
Speedway, 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 | $1,161 | $949 | $1,800 |
| Speedway 3 Bedroom Homes for Rent | $1,754 | $1,150 | $2,500 |
| Speedway 4 Bedroom Homes for Rent | $2,052 | $1,700 | $2,570 |
| Speedway 5 Bedroom Homes for Rent | $2,442 | $1,985 | $2,900 |
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Speedway, IN Local Guide
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Cheapest Available Speedway Homes for Rent and Nearby
 The cheapest available rental home in Speedway, IN is a 2 Beds home found at 327 Laclede St in the Garden City neighborhood priced from $1,075. 2318 Groff Ave in the Cheswick Place neighborhood has the second lowest priced home, which is a 2 Beds rental home currently listed from $1,095. Here is today’s list of the most affordable Speedway homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 327 Laclede St | 327 Laclede St | 2BR, 1BA | $1,075 |
| 2318 Groff Ave | 2318 Groff Ave | 2BR, 1BA | $1,095 |
| 2920 Highwoods Dr E | 2920 Highwoods Dr E | 4BR, 1BA | $1,800 |
| 3738 Oslo Pl | 3738 Oslo Pl | 3BR, 2BA | $1,819 |
| 3353 W 42nd St | 3353 W 42nd St | 3BR, 2BA | $1,850 |
Best Value Homes for Rent in Speedway, IN and Nearby
As of September 20, 2026 the best value rental home in the Speedway area is the $0.99 price per square foot 803 Green Woods Dr Model at 803 Green Woods Dr in the Northwest Indianapolis neighborhood starting from $2,260. The second greatest value Speedway rental home is the 5532 W 25th St Model at 5532 W 25th St in the Cheswick Place neighborhood starting at $2,195 with a $0.99 price per square foot. Here is today’s list of the best values for Speedway homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 803 Green Woods Dr | 803 Green Woods Dr | 3BR, 2.5BA | $0.99 |
| 5532 W 25th St | 5532 W 25th St | 4BR, 1.5BA | $0.99 |
| 4108 Luxembourg Cir E | 4108 Luxembourg Cir E | 4BR, 3BA | $1.18 |
| 2901 W New York St | 2901 W New York St | 3BR, 3.5BA | $1.41 |
| 2923 W New York St | 2923 W New York St | 3BR, 3.5BA | $1.47 |
| 3353 W 42nd St | 3353 W 42nd St | 3BR, 2BA | $1.11 |
| 2920 Highwoods Dr E | 2920 Highwoods Dr E | 4BR, 1.5BA | $1.20 |
| 3738 Oslo Pl | 3738 Oslo Pl | 3BR, 2BA | $1.22 |
| 327 Laclede St | 327 Laclede St | 2BR, 1BA | $1.18 |
| 2318 Groff Ave | 2318 Groff Ave | 2BR, 1BA | $1.51 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
Frank H Wheeler Elementary School 4
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Speedway, IN
Frequently Asked Questions about Speedway
What type of rentals are currently available in Speedway?
There are currently 112 Apartments for Rent in Speedway, IN with pricing that ranges from $700 to $3,457. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Speedway ranging from $725 to $2,900.
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 $725 to $2,900 with an average monthly rent of $1,558.
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 $1,119 to $3,457, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,299.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.