Cheap Homes for Rent in Speedway, IN from $400 (12 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Speedway, IN Local Guide

Cheapest Available Speedway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Speedway, IN is a 1 Bed unit found at Fields Apartments in the Cheswick Place neighborhood priced from $654. Union at 16th in the Cheswick Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $684. Here is today’s list of the most affordable Speedway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fields Apartments1 Bedroom 1 Bath Apartment1BR,1BA$654
Union at 16th1 Bed 1 Bath1BR,1BA$684
Marabou MillsStudioStudio,1BA$740
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqftStudio,1BA$745
Pinnacle WestStudioStudio,1BA$759

Best Value Apartments for Rent in Speedway, IN and Nearby

As of July 09, 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 3 Bedroom Model at Proctor Place starting at $1,131 with a $0.97 price per square foot in the Westside Indianapolis 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
Proctor Place3 Bedroom3BR,2BA$0.97
Mansion Row - Where Historic Charm Meets Modern7178B1 Traditional 2x2 (1100 sqft)2BR,2BA$1.24
Wildwood Village Apartments2 Bedroom 2 Bathroom2BR,2BA$1.07
Fields Apartments2 Bedrooms 1 Bath Apartment2BR,1BA$0.88
Meadows Apartments2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.21
Aura ApartmentsAUA2RENO1BR,1BA$1.10
Hills Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.18
The Maywood at SpeedwayThe Vesuvio1BR,1BA$1.25
The Stratford1 Bedroom 1 Bathroom1BR,1BA$1.11

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Frequently Asked Questions about Speedway

What type of rentals are currently available in Speedway?

There are currently 111 Apartments for Rent in Speedway, IN with pricing that ranges from $654 to $3,336. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Speedway ranging from $425 to $2,700.

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 $425 to $2,700 with an average monthly rent of $1,689.

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 $1,185 to $3,336, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,400 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.