Rental market snapshot for Speedway, Indiana

Speedway, Indiana Rental Property Market Overview

Speedway, Indiana is a town located in Marion County, Indiana. According to the US Census, the population of Speedway, Indiana in 2021 is 13,770. Speedway is known for its rich history in motorsports, as it is home to the Indianapolis Motor Speedway, the world's largest spectator sporting facility. The town is also home to the Indianapolis Motor Speedway Hall of Fame Museum, which celebrates the history of motorsports. Speedway is a vibrant community with a variety of businesses, restaurants, and recreational activities.

The average rent for an apartment in Speedway is $1,870. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Speedway Indiana | Cost of Living

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Speedway ZIP codes with the highest, most expensive rent

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Live near Speedway, Indiana's Top Sights and Attractions

The Indianapolis Motor Speedway Museum is a must-see attraction for any racing enthusiast. It houses a collection of over 25 vintage and modern race cars, as well as artifacts and memorabilia from the world-famous Indianapolis 500 race. Visitors can explore the history of the race, view interactive exhibits, and even take a lap around the track. The museum also offers a variety of educational programs and activities for all ages.

Meadowood Park is a beautiful outdoor destination located in Speedway, Indiana. The park features a variety of amenities, including a playground, picnic shelters, walking trails, and a pond. The park also has a large open field perfect for sports and other activities. The park is well-maintained and provides a peaceful atmosphere for visitors to enjoy.

Leonard Park is a popular attraction located in Speedway, Indiana. It features a large lake with a beach, a playground, and a picnic area. The park also has a walking trail, a disc golf course, and a fishing pier. The park is a great place to spend the day with family and friends, as it offers plenty of activities and a beautiful view of the lake.

Gustafson Park is a beautiful outdoor attraction located in Speedway, Indiana. It features a large lake, walking trails, and a variety of wildlife. The park also has a playground, picnic areas, and a disc golf course. Visitors can also enjoy fishing, boating, and bird watching. The park is a great place to relax and take in the natural beauty of the area.

Speedway War Memorial Foundation is a memorial dedicated to honoring the brave men and women who have served in the United States Armed Forces. The memorial features a large granite wall with the names of all the veterans from the area who have served in the military, as well as a bronze statue of a soldier in battle dress. The memorial also includes a reflecting pool, a flagpole, and a garden with benches and a fountain. The memorial is a place of reflection and remembrance for all who visit.

Seeds of Light is an outdoor light display located in Speedway, Indiana. It features over a million LED lights that are synchronized to holiday music. The lights are arranged in various shapes and patterns, creating a festive atmosphere. Visitors can take a walk through the display, or take a ride on a horse-drawn carriage. The attraction also features a variety of food and beverage vendors, as well as a gift shop.

The Louis Chevrolet Memorial is a tribute to the famous race car driver and automotive engineer. It is located in a park-like setting and features a life-size bronze statue of Chevrolet, a granite monument, and a plaque with a brief biography of his life. The memorial also includes a flagpole with the American flag and the flags of France and Switzerland, Chevrolet's birth countries. The memorial is surrounded by a garden of native Indiana plants and trees.

Speedway Transportation Museumcorporation is an attraction located in Speedway, Indiana that celebrates the history of transportation. The museum offers a variety of exhibits and interactive activities that explore the evolution of transportation from the early days of horse-drawn carriages to the modern automobile. Visitors can explore a variety of artifacts, including vintage cars, motorcycles, and other vehicles, as well as interactive displays that demonstrate the science and engineering behind the development of transportation. The museum also features a variety of educational programs and activities for all ages.

Meadowood Park Speedway is an exciting outdoor attraction located in Speedway, Indiana. It features a quarter-mile dirt oval track, a drag strip, and a go-kart track. The track is home to a variety of racing events, including stock car, sprint car, and midget car races. The park also offers concessions, a souvenir shop, and a playground for kids. Visitors can also enjoy a variety of other activities, such as camping, fishing, and picnicking.

Randy Shambaugh Baseball Park is a state-of-the-art baseball facility located in a suburban area. It features a full-sized baseball diamond with a professional-grade infield and outfield, as well as a batting cage, pitching mound, and bullpens. The park also has a concession stand, restrooms, and a covered seating area. It is a popular destination for local teams and leagues, as well as for tournaments and special events.

Speedway, Indiana area median rent change by ZIP code map

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How does Speedway compare to other cities in Indiana?

citymedian price
Danville$1,699
West Lafayette$1,500
Portage$1,495
South Bend$1,367
Anderson$955

Average household income in Speedway area graph - US Census

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The median household income in Speedway in 2021 was $49,044. This represents a 16.4% change from 2011 when the median was $42,117.

#categorypercent
0Less than $10,0006.7%
1$10,000 to $14,9994.7%
2$15,000 to $19,9993.2%
3$20,000 to $24,9996.1%
4$25,000 to $29,9995.1%
5$30,000 to $34,9995.1%
6$35,000 to $39,99910.0%
7$40,000 to $44,9994.7%
8$45,000 to $49,9997.2%
9$50,000 to $59,99910.9%
10$60,000 to $74,9999.1%
11$75,000 to $99,99910.2%
12$100,000 to $124,9997.7%
13$125,000 to $149,9995.1%
14$150,000 to $199,9992.8%
15$200,000 or more1.3%

Neighborhoods in Speedway

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Speedway is $1,870.
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