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3 Bedroom Apartments for Rent in Speedway, IN - 8 Rentals available

  • Apartment in Speedway
    6363 Hollister Drive, Speedway, IN 46224
    $631 - $1,594
    • 1-3 Beds
    • 1-2 Baths
    Available Today!
    (317) 854-6138
  • Apartment in Speedway
    2030 Runaway Bay Drive, Indianapolis, IN 46224
    $990 - $2,050
    • 1-3 Beds
    • 1-2 Baths
    Available Today!
    (844) 780-1250
  • Apartment in Speedway
    2054 High Eagle Trail, Indianapolis, IN 46224
    See current rent specials
    $801 - $1,942
    • 1-3 Beds
    • 1-2.5 Baths
    Available Today!
    (855) 294-0062

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Speedway, IN Demographics

  • Total Population12,100
  • Female 5,637
    Male 6,463
  • Median Age35.1

Average Rent in Speedway, IN

  • Speedway, IN Average Rental Price, January 2019$710/mo

Speedway, IN Apartment Rent Ranges

  • < $5009%
  • $501-$70046%
  • $701-$1,00041%
  • $1,001-$1,5004%

Speedway, IN Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Speedway, IN $633 $648 $655 $662 $676 $692 $691 $692 $710
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Speedway, IN Households

  • Total Number of Households5,654
  • Children 1,387
    No Children 4,267
  • Average People Per Household2.14
  • Median Household Income$37,861
  • Median Housing Costs Per Month$733

Speedway, IN Education Statistics

  • No High School3%
  • Some High School38%
  • Some College27%
  • Associate Degree8%
  • Bachelor Degree16%
  • Graduate Degree8%

Renting a 3 bedroom apartment in Speedway, IN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,015 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Speedway, IN, rents on 3 bedroom apartments go up to $2,050. 3 rental properties offer 3 bedroom units in Speedway, IN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Speedway, IN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $631 in Speedway, IN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Avon Creek Estates or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.