2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Speedway, IN

$1,220/mo

Median asking rent for a 2-bedroom apartment in Speedway, Indiana as of July 2026. That's +26% lower than the citywide median of $1,645 and +26% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,220
July 2026
vs city overall
-26%
$1,645 city median
vs national
-26%
$1,655 US median
Indiana rank
#36
of 65 cities

Income needed for a 2-bedroom in Speedway

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$48,800
Monthly gross
$4,067
Hourly (full-time)
$23.46

Rent by apartment size in Speedway

Compare Speedway's median rent across every apartment size.

Studio
$890
1-Bedroom
$1,040
2-Bedroom (current)
$1,220
3-Bedroom
$1,590
4+ Bedroom
$1,920

Cheapest cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Frankfort$709
2Crawfordsville$884
3East Chicago$930
4Logansport$930
5Marion$930
6New Castle$930
7Richmond$940
8Angola$970
9Delphi$970
10La Porte$978
11Muncie$978
12Kokomo$990
13Michigan City$1,020
14Terre Haute$1,023
15Elkhart$1,055

Most expensive cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Zionsville$1,870
2Whitestown$1,790
3Carmel$1,783
4McCordsville$1,620
5Lawrence$1,620
6Avon$1,600
7Westfield$1,580
8Fishers$1,577
9Granger$1,540
10Brownsburg$1,510
11Sellersburg$1,460
12Munster$1,450
13Merrillville$1,440
14Noblesville$1,415
15Lowell$1,390

Nearby cities — 2-bedroom rent

Most nearby cities have similar or higher 2-bedroom rents than Speedway.

CityDistance2-Bedroom rentvs Speedway
Indianapolis, IN7.3 mi$1,358+$138 (+11%)
Brownsburg, IN9.9 mi$1,510+$290 (+24%)
Avon, IN10.3 mi$1,600+$380 (+31%)
Plainfield, IN12.1 mi$1,380+$160 (+13%)
Beech Grove, IN12.6 mi$1,220
Zionsville, IN13.2 mi$1,870+$650 (+53%)
Carmel, IN14.2 mi$1,783+$563 (+46%)
Greenwood, IN15 mi$1,365+$145 (+12%)
Whitestown, IN16.4 mi$1,790+$570 (+47%)
Westfield, IN17.6 mi$1,580+$360 (+30%)
Lawrence, IN19.4 mi$1,620+$400 (+33%)
Lebanon, IN21.9 mi$1,220

2-Bedroom rent in Speedway — common questions

How much is a 2-bedroom apartment in Speedway?

As of July 2026, the median 2-bedroom apartment rent in Speedway, Indiana is $1,220 per month. This is +26% below the citywide median of $1,645.

What income do you need to afford a 2-bedroom in Speedway?

Using the standard 30% rent-to-income rule, you would need an annual income of about $48,800 ($4,067/month gross), which works out to roughly $23.46/hour at a full-time job.

Is Speedway expensive for a 2-bedroom compared to the rest of the US?

Speedway's 2-bedroom median of $1,220 is +26% below the national 2-bedroom median of $1,655. It ranks in the 21th percentile of US cities tracked.

How does Speedway rank for 2-bedroom rent in Indiana?

Among the 65 cities in Indiana with 2-bedroom data, Speedway ranks #36 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Speedway?

Most nearby cities have similar or higher 2-bedroom rents than Speedway.

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Speedway, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.