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Showing all nearby results for Speedway, IN.

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Speedway at a Glance

Average Rent

$1,005
(All bedrooms and property types)
Learn more about
Average Rent in Speedway
8

School Rating

out of 10 Rating
Learn more about
Schools in Speedway
2

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Speedway
57

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Speedway

Speedway, IN Apartments for Rent

Known as the "Racing Capital of the World," Speedway, Indiana offers more than just the world-famous Indianapolis Motor Speedway. Those searching for apartments in Speedway will find themselves in a community steeped in automotive heritage, located just 5 miles from downtown Indianapolis. With one-bedroom rental prices averaging $986 per month—significantly below the Indiana state average—Speedway provides an accessible location for renters seeking proximity to Indianapolis.

Speedway's compact 4.8 square miles features a walkable Main Street district lined with local shops and eateries. The town offers easy access to major employers in the area, including Allison Transmission. Residents enjoy a quick commute to downtown Indianapolis while having essential services within town limits. Home to approximately 14,000 residents, Speedway maintains its distinct character while offering the conveniences of the greater Indianapolis metropolitan area.

Renting in Speedway

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Speedway

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Speedway

Transportation

62

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
57

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
2

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Private University
Public University
Public University
Private University
Private University
GreatSchools Rating
Speedway Senior High School

Public High School

Public
Grades 9-12
565 Students
GreatSchools Rating
Speedway Junior High School

Public Middle School

Public
Grades 7-8
317 Students
GreatSchools Rating
James A Allison Elementary School 3

Public Elementary School

Public
Grades K-6
246 Students
GreatSchools Rating
Arthur C Newby Elementary School 2

Public Elementary School

Public
Grades K-6
242 Students
GreatSchools Rating
Frank H Wheeler Elementary School 4

Public Elementary School

Public
Grades K-6
354 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Speedway

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Speedway Apartments for Rent in Your Budget

Frequently asked questions about renting in Speedway, IN

What are the average rent costs in Speedway, IN?

The average rent in Speedway, IN is $1,005.

What are the average rent costs of a studio apartment in Speedway, IN?

The average rent for a studio apartment in Speedway, IN is $767.

What are the average rent costs of a one bedroom apartment in Speedway, IN?

The average rent for a 1 bedroom apartment in Speedway, IN is $1,005.

What are the average rent costs of a two bedroom apartment in Speedway, IN?

The average rent for a 2 bedroom apartment in Speedway, IN is $1,196.

What are the average rent costs of a three bedroom apartment in Speedway, IN?

The average rent for a 3 bedroom apartment in Speedway, IN is $1,683.

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