Apartments for Rent in Speedway, IN

Prices and availability in Speedway, IN were last updated on 13 Jun 2026.

The best apartments in Speedway, IN are: The Hermitage, Eagle Lake Landing, Eagle Creek Court, Stanford Court and 5909 Nash Ln Speedway, IN 46224.

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

The price range for a 1-bedroom apartment in Speedway, IN is between $1,012 and $1,553.

The price range for a 2-bedroom apartment in Speedway, IN is between $1,287 and $2,151.

The price range for a 3-bedroom apartment in Speedway, IN is between $1,356 and $1,961.

In Speedway, 55% of the residents are renting compared to 45% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Speedway's rentals, 85% are small-scale complexes with under 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.