Last updated on November 2, 2026

Average rent in
University of Indianapolis, IN

Median rent

Median rent in Speedway

$1,400/mo

decreased by2%

vs previous year

The average rent in Speedway is $1,400 per month as of October 2026. This is 26% below the national average rent, or $500 less per month.

$1.29

average price per square foot

Total rentals

Available rentals in Speedway

1,029

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Speedway rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in University of Indianapolis, IN

Average rent prices in Speedway have decreased by 2% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in University of Indianapolis, IN

Rent prices in Speedway vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Speedway is $1,324, whereas a house costs $1,525. 1-bedroom apartments in Speedway run $1,199 on average, while 2-bedroom apartments are $1,445.

Listings

Studio

$1,151

-

14%

1 bedroom

$1,152

-

18%

2 bedroom

$1,325

-

14%

3 bedroom

$1,650

-

6%

4 bedroom

$1,935

-

344%

Studio

Average rent

$1,151

Last year

14%

1 bedroom

Average rent

$1,152

Last year

18%

2 bedroom

Average rent

$1,325

Last year

14%

3 bedroom

Average rent

$1,650

Last year

6%

4 bedroom

Average rent

$1,935

Last year

344%

The table above reflects average rent prices in University of Indianapolis, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in University of Indianapolis, IN

1748 North Bancroft Street - Photo 1 of 1

2d ago

7.3

Very good

1748 North Bancroft Street

1748 N Bancroft St, Indianapolis, IN 46218

1 bed

1 bath

$332–$379

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1538 N Grant Ave Unit B - Photo 1 of 1

5d+ ago

Near Eastside house for rent in Indianapolis

Residential Lease, Indianapolis, IN

1538 N Grant Ave Unit B, Indianapolis, IN 46201

1 bed

1 bath

$600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
15 N Riley Ave #4 - Photo 1 of 1

5d+ ago

Near Eastside condo for rent in Indianapolis

15 N Riley Ave #4, Indianapolis, IN 46201

2 beds

1 bath

$645

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Garfield Park Village - Photo 1 of 1

1d ago

8.6

Very good

Garfield Park Village

360 Sandra Ln, Indianapolis, IN 46227

1–2 beds

1 bath

$699–$1,517

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for University of Indianapolis, IN

Quick answers to common questions about the Speedway rental market.

How much is rent in Speedway?

The average rent in Speedway is $1,400 per month as of October 31, 2026.

Is rent up or down in Speedway?

Average rent prices in Speedway have decreased by 2% since last year.

How does Speedway rent compare to the national average?

Rent in Speedway is 26% below the national average, which means renters are paying approximately $500 less per month.

What salary do I need to afford rent in Speedway?

To comfortably afford rent in Speedway, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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