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These days, finding an affordable place to live in the Speedway area can be challenging. Home prices in Speedway are now at a median cost of $217,377, lower than the Indiana average of $232,932.
The average cost of rent is $1,168/mo in Speedway, primarily driven by the current value of real estate in the Speedway area. In Speedway, 53.36% of households rent, and 36.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Speedway is $5,048 per month. Households that rent pay about 23.14% of their income on rent here. Speedway’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clermont, IN: higher priced homes
- Rocky Ripple, IN: less expensive homes
- Indianapolis, IN: higher priced homes
- Avon, IN: higher priced homes
- Brownsburg, IN: higher priced homes
- Meridian Hills, IN: higher priced homes
- Williams Creek, IN: higher priced homes
- Plainfield, IN: higher priced homes
- Royalton, IN: higher priced homes
- Tilden, IN: higher priced homes
Cities with Similar Populations
- Troy, IL: higher priced homes
- Columbia, IL: higher priced homes
- Columbia, MS: less expensive homes
- Cortez, CO: higher priced homes
- Country Club, CA: higher priced homes
- Thomson, GA: less expensive homes
- Thonotosassa, FL: higher priced homes
- Tolland, CT: higher priced homes
- Town and Country, MO: higher priced homes
- Townsend, DE: higher priced homes
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