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Monthly Rent
$1,199 - $1,599
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Bedrooms
Studio - 2 bd
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Bathrooms
1 ba
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Square Feet
497 - 750 sq ft
Highlights
- New Construction
- English and Spanish Speaking Staff
- High Ceilings
- Controlled Access
- Grill
Pricing & Floor Plans
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Unit A203price $1,199square feet 497availibility Now
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Unit A102price $1,299square feet 650availibility Now
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Unit A104price $1,499square feet 750availibility Now
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Unit A103price $1,299square feet 700availibility Apr 1, 2026
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Unit A101price $1,599square feet 735availibility Now
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Unit A203price $1,199square feet 497availibility Now
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Unit A102price $1,299square feet 650availibility Now
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Unit A104price $1,499square feet 750availibility Now
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Unit A103price $1,299square feet 700availibility Apr 1, 2026
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Unit A101price $1,599square feet 735availibility Now
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
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Utilities & Essentials
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Pest ControlCharged per unit.$10 / mo
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Tech Package-ButterflyMX System & Wi-Fi Charged per unit.$55 / mo
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Water & SewageCharged per unit.$70 / mo
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One-Time Basics
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Due at Move-In
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Redecoration Fee Non RefundableCharged per unit.$500
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Due at Move-In
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Dogs
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Pet FeeCharged per pet.$300
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Pet RentCharged per pet.$30 / mo
0 lbs. Weight Limit -
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Cats
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Pet FeeCharged per pet.$300
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Pet RentCharged per pet.$30 / mo
0 lbs. Weight Limit -
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Bike Storage
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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12 - 15 Month Leases
Property Information
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Built in 2025
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17 units/3 stories
Matterport 3D Tours
About Residence on Penn
** Special offer available - 2 MONTHS FREE ** Brand New Modern Apartments! Move into a brand new, never-lived-in apartment featuring high ceilings, in-unit washer & dryer, and all appliances included. Enjoy the convenience of a lighted parking lot and a secured building with security cameras and a ButterflyMX entry system for added safety. Pet-friendly! We welcome pets with a one-time non-refundable fee and a monthly pet fee. No security deposit required! All applicants 18+ must pass a credit and background check — no exceptions. Secure your spot in this modern, comfortable space today!
Residence on Penn is an apartment community located in Marion County and the 46225 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.
Community Amenities
Controlled Access
Grill
24 Hour Access
Bicycle Storage
- Package Service
- Wi-Fi
- Controlled Access
- Video Patrol
- 24 Hour Access
- Bicycle Storage
- Grill
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
High Speed Internet Access
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Security System
- Tub/Shower
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Vinyl Flooring
- High Ceilings
- Package Service
- Wi-Fi
- Controlled Access
- Video Patrol
- 24 Hour Access
- Grill
- Bicycle Storage
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Security System
- Tub/Shower
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Vinyl Flooring
- High Ceilings
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | By Appointment |
| Sunday | By Appointment |
Indianapolis is the thriving capital city of the state of Indiana — as well as the most populated. Nicknamed the Crossroads of America, Indianapolis is the well-known center for several major interstates that connect locals to the rest of the country. This commuter-friendly city is also home to the Indianapolis International Airport, a modern hub for national and international travelers. With an abundance of affordable apartments for rent, the city of Indianapolis has more than enough to offer both its residents and visitors alike.
Residents can enjoy a performance from the Indianapolis Symphony Orchestra at Hilbert Circle Theatre, cheer on the Indianapolis Colts at Lucas Oil Stadium, and peruse the stores in Circle Centre Mall. Locals enjoy admiring the wildlife at the Indianapolis Zoo, exploring the exhibitions at the Indianapolis Museum of Art, and hiking the trails at Eagle Creek Park.
Learn more about living in Indianapolis| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 5 min | 2.3 mi | |
| Drive: | 10 min | 4.6 mi | |
| Drive: | 11 min | 5.0 mi | |
| Drive: | 13 min | 6.2 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2025. All rights reserved.
Residence on Penn Photos
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Residence on Penn
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Model
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1BR, 1BA - 700SF - Kitchen
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1BR, 1BA - 700SF - Living Room/Kitchen
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2BR, 1BA - 710SF - Living Room/Kitchen
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1BR, 1BA - 787SF - Living Room/Kitchen
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1BR, 1BA - 700SF - Living Room
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Bike Storage
Nearby Apartments
Within 50 Miles of Residence on Penn
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Call for Rent
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Charles Commons
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Liberty Lofts
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-
Rosewood Apartments
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$1,200
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Eaton Residence
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Residence on Penn has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Residence on Penn has studios to two-bedrooms with rent ranges from $1,199/mo. to $1,599/mo.
Yes, Residence on Penn welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,199 for a studio, you would need to earn about $43,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
Residence on Penn is offering 2 Months Free for eligible applicants, with rental rates starting at $1,199.
Yes! Residence on Penn offers 6 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
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