Apartments for Rent in Speedway, IN

Prices and availability in Speedway, IN were last updated on 6 Oct 2026.

The best apartments in Speedway, IN are: Eagle Creek Court and Stanford Court.

The average rent in Speedway, IN is $1,097.

The price range for a 1-bedroom apartment in Speedway, IN is between $823 and $1,017.

The price range for a 2-bedroom apartment in Speedway, IN is between $767 and $1,428.

In Speedway 55% of the housing is rented out compared to 45% of homes are owned, according to the most recent Census Bureau estimates. 6% of Speedway's apartments are found in large buildings of 50 units or more, 85% are located in smaller apartment complexes with less than 50 units, and 9% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Speedway are about 46 years old, on average. Of these, 14% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About 99% of the rental communities here are low-rise, garden-style communities, 1% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Speedway come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 39% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Speedway. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.