What is the average apartment size in Speedway?

The average size for a Speedway, IN apartment is 864 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Speedway?

As of Sep / 2025, the average rent in Speedway is $1,140 per month, a 0.17% decrease from last year’s average of $1,142.

What is the average apartment size in Speedway?

The typical apartment in Speedway offers about 864 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Speedway, IN Rental Market Trends

Q: What's the typical rent budget in Speedway?

The typical rent budget in Speedway ranges from $1,001 to $1,500 per month, with 59% of rentals in this range.

Q: Do most people rent or own in Speedway?

In Speedway, 54% of households rent while 46% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Speedway is $1,140, a 0.17% decrease compared to the previous year, when the average rent was $1,142.

One-bedroom apartments provide 646 square feet for $941, balancing privacy and affordability.

Two-beedroom units at $1,199 offer 942 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,307 sq ft) for $1,628, suitable for larger households.

Average rent in Speedway, IN

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,140	864 sq. ft.
Studio	n/a	n/a
1 Bed	$941	646 sq. ft.
2 Beds	$1,199	942 sq. ft.
3 Beds	$1,628	1,307 sq. ft.

Speedway, IN rent trends

Rental prices in Speedway, IN have decreased by 0.17% over the past year. The average rent moved from $1,142 to $1,140.

What's the typical rent budget in Speedway, IN?

The largest share of rentals in Speedway, IN (59%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Speedway, IN?

3,211 or 54% of the households in Speedway, IN are renter-occupied while 2,780 or 46% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Speedway Compares to Other Cities

City	Average Rent
Speedway	$1,140
Indianapolis	$1,253
Evansville	$1,016
Fort Wayne	$1,143
Bloomington	$1,579
New Albany	$1,106
Hammond	$1,235
Lafayette	$1,174
South Bend	$1,310
Jeffersonville	$1,231
Greenwood	$1,358
Cumberland	$1,302

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Speedway apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.