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3 Bedroom Apartments for Rent in Speedway, IN - 40 Rentals available

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Speedway, IN Demographics

  • Total Population12,188
  • Female 5,560
    Male 6,628
  • Median Age34

Average Rent in Speedway, IN

  • Speedway, IN Average Rental Price, May 2020 $772 /mo

Speedway, IN Apartment Rent Ranges

  • < $5001%
  • $501-$70041%
  • $701-$1,00049%
  • $1,001-$1,5008%
  • $1,501-$2,0001%

Speedway, IN Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 May / 2020
Speedway, IN $662 $676 $692 $691 $692 $710 $732 $748 $751 $772
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468

Speedway, IN Households

  • Total Number of Households5,186
  • Family 2,871
    Non-family 2,315
  • Children 1,551
    No Children 3,635
  • Average People Per Household2.35
  • Median Household Income$41,325
  • Median Housing Costs Per Month$804

Speedway, IN Education Statistics

  • No High School4%
  • Some High School34%
  • Some College26%
  • Associate Degree8%
  • Bachelor Degree19%
  • Graduate Degree10%

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 1,053 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 $2,519. 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 $736 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 Speedway or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!