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The Hermitage 1 of 8

The Hermitage

$932 – $1,492/mo

  • 1–3 bedrooms
  • 1–2 baths
  • 720–1,080 sq ft
  • 19 units available
2234 Hermitage Way, Speedway, IN, 46224

As of October 14, 2026, The Hermitage in Speedway, IN has 19 apartments for rent from $932 to $1,492/mo. One-bedrooms start at $932, two-bedrooms at $1,139, and three-bedrooms at $1,426. The average asking rent has risen 8.2% since September 3, 2026, from $1,086 to $1,175.


Floor plans

The Hermitage has 19 units available across 7 floor plans: 3 one-bedroom layouts (720–814 sq ft), 2 two-bedroom layouts (910–936 sq ft), and 2 three-bedroom layouts (1,080 sq ft). Prices checked October 14, 2026.

The Hermitage

1 Bedroom • 1 Bath • 720 Sq Ft

Starting at $932/mo

1 available unitPriceSq ftAvailableOpen unit
0603$932720Oct 23

The Lodge

1 Bedroom • 1 Bath • 745 Sq Ft

Starting at $1,002/mo

3 available unitsPriceSq ftAvailableOpen unit
0511$1,002745Oct 16
0407$1,038745Oct 18
0508$1,002745Nov 13

The Abbey

1 Bedroom • 1 Bath • 814 Sq Ft

Starting at $1,005/mo

3 available unitsPriceSq ftAvailableOpen unit
0808$1,089814Sep 30
0214$1,005814Oct 28
0609$1,050814Nov 26

The Hideaway

2 Bedrooms • 1 Bath • 936 Sq Ft

Starting at $1,139/mo

7 available unitsPriceSq ftAvailableOpen unit
0828$1,209936Oct 2
0217$1,209936Oct 16
0806$1,209936Oct 16
0818$1,139936Oct 23
0227$1,194936Oct 30
0627$1,209936Oct 30
1017$1,209936Nov 22

The Haven

2 Bedrooms • 2 Baths • 910 Sq Ft

Starting at $1,250/mo

3 available unitsPriceSq ftAvailableOpen unit
0720$1,260910Oct 30
0905$1,260910Nov 14
0401$1,250910Nov 15

The Sanctuary

3 Bedrooms • 1 Bath • 1,080 Sq Ft

Starting at $1,426/mo

1 available unitPriceSq ftAvailableOpen unit
0221$1,4261,080Oct 30

The Alcove

3 Bedrooms • 2 Baths • 1,080 Sq Ft

Starting at $1,492/mo

1 available unitPriceSq ftAvailableOpen unit
0923$1,4921,080Oct 23

See all 39 units listed at The Hermitage, including ones no longer available.


Cost to rent here

At The Hermitage, a one-bedroom starts at about $1,194 a month all-in: $932 rent and an estimated $262 for electric, gas, water, internet, renters insurance, and laundry. A two-bedroom starts at about $1,468 and a three-bedroom at about $1,844.

All-in from$1,194/mo

Estimates are local averages, not quotes from the property.

Can you afford it?

Most landlords ask for a monthly income of about 3× the rent, so qualifying at The Hermitage takes about $33,552 a year for a one-bedroom, $41,004 for a two-bedroom, and $51,336 for a three-bedroom. Keeping the $1,194 all-in month for a one-bedroom within 35% of take-home pay takes an income of about $50,200 a year.

Total monthly housing cost

$1,194/mo

Income to afford it comfortably

$50,200/yr

Income to qualify

$33,552/yr

Your estimated budget

Suggested rent budget, 1 bedroom

$ —/mo

See what you can afford here

Add your income and debts for a rent budget at this building.

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Rent history

Over the past 3 months, the average asking rent at The Hermitage has ranged from $1,086 to $1,233. The current average is $1,175, up $89 (8.1%) from $1,086 at the start.

Prices reflect the average advertised rent across units listed as available each day (41 days observed).

Fees & lease terms

At The Hermitage, leases run 12 months.

  • Rent

    $932 – $1,492/mo
  • Lease term

    12 months
  • Earliest move-in

    Sep 30

Location

2234 Hermitage Way, Speedway, IN, 46224


Getting around

The Hermitage is somewhat walkable and bikeable.

Walking
Somewhat walkable
Grade D
Biking
Bikeable
Grade C

Climate and air quality

Air quality near The Hermitage was good on 262 of the past 365 days, and at its worst in February (average AQI 55, moderate). Daily highs averaged 86°F in July, the warmest month, and lows averaged 17°F in January, the coldest.

Air quality

262 good-air days

of the past 365

: Good, AQI 36

Temperature

86° / 17°

average July high / January low

: 77° high, 64° low

Pollen

Moderate

Oct 14–18 forecast

Tree: none, grass: none, weed: moderate

MonthAverage highAverage lowAverage AQIGood-air days
January32°F17°F43 (good)19 of 31
February42°F25°F55 (moderate)10 of 28
March60°F39°F44 (good)26 of 31
April68°F49°F44 (good)28 of 30
May70°F52°F42 (good)27 of 31
June81°F64°F43 (good)24 of 30
July86°F69°F55 (moderate)8 of 31
August82°F66°F43 (good)24 of 31
September82°F64°F46 (good)19 of 30
October69°F49°F36 (good)29 of 31
November51°F36°F36 (good)27 of 30
December39°F24°F43 (good)21 of 31
Daily readings from Oct 15, 2025 to Oct 14, 2026. The pollen chart shows typical US seasons.

About this property

Our pet-friendly 1, 2, and 3 bedroom apartments offer plenty of space and modern touches. Our open floor plans feature spacious kitchens, premium finishes, and a private patio or balcony - making your apartment the perfect place to unwind. The Hermitage's prime location offers our residents ideal conveniences - we are within walking distance and are adjacent to many major retailers, restaurants, and grocers; as well as some of Indiana's top-rated schools. The Hermitage is just a short drive from downtown, and we provide easy access to the 465 freeway and all of Indianapolis - we even have a bus stop right on site! At The Hermitage, everything you need is always within reach.


Nearby schools

The closest school to The Hermitage is Speedway Senior High School, a public high school 0.3 miles away.

SchoolTypeLevelDistance

Speedway Senior High School

Public · High
PublicHigh0.3 mi

James A Allison Elementary School 3

Public · Elementary
PublicElementary0.3 mi

Arthur C Newby Elementary School 2

Public · Elementary
PublicElementary0.3 mi

Kiddie Factory Day Care #2

Private · Preschool
PrivatePreschool0.4 mi

St. Christopher School

Private · Elementary
PrivateElementary0.4 mi

Heaven Sent Day Care

Private · Preschool
PrivatePreschool0.5 mi

Kims Kids

Private · Preschool
PrivatePreschool0.7 mi

Frank H Wheeler Elementary School 4

Public · Elementary
PublicElementary0.7 mi

Carl G Fisher Elementary School 1

Public · Elementary
PublicElementary0.9 mi

Speedway Junior High School

Public · Middle
PublicMiddle0.9 mi

Contact & management

The Hermitage is managed by Beztak. The leasing office's phone number is 317-762-6781.


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