Cheap Apartments for Rent in Speedway, IN

12 rentals

Apartments For Rent Near Speedway, IN

We found 30 more apartments matching your filters just outside Speedway

Average Rent Trends in Speedway, IN

Rent in Speedway, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Dec 2025$1,550
Jan 2026$1,511
Feb 2026$1,350
Mar 2026$1,100
Apr 2026$1,562
May 2026$1,206
Jun 2026$1,100
Jul 2026$1,578
Aug 2026$1,725
Sep 2026$1,601
Oct 2026$1,619
Nov 2026$1,400
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Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,472$1,133$1,750—$1,400
Apartments and Condos$849$950——$950
Houses—$1,600$1,750—$1,675

Frequently Asked Questions about Rentals in Speedway, IN

  • What is the average rent of an apartment in Speedway, IN?
    The average rent of an apartment in Speedway, IN is $1,250 per month. This is about 35% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Speedway, IN?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,123 per month.
  • How many cheap apartments are available in Speedway, IN?
    There are 9 apartments to rent that are cheaper than the city’s average rent of $1,400.
  • When is the average rent most expensive in Speedway, IN?
    In the last year, the average rent in Speedway, IN was highest in Aug 2025 when it was $1,646 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Speedway, IN?
    The average rent of a 1 bedroom apartment in Speedway, IN is $1,472 per month. That is about $773 more than the cost of a studio apartment.
  • What are some cities near Speedway, IN?
    Some nearby cities include: Indianapolis, Avon, Brownsburg, Beech Grove, Plainfield. These cities may have more rental options to explore.