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Penn Circle
Carmel, IN 46032

- 1–2 Bedrooms
- 543–1,256Square Feet
About Penn Circle
Introducing Penn Circle Apartments, a tight-knit community where your well-being takes center stage. We are committed to offering you a refined renting experience, and our 4.5-star Google reviews are proof of that. It only takes a tour of our well-designed floor plans and peaceful leisure areas to convince yourself. But whats a charming home without an address to match? Thankfully, you wont have to find out, as were set in Carmel, Indiana, and our apartments are surrounded by major roads, modern conveniences, and everything in between. Keep reading to find out why we have a #1 ORA reputation!
Penn Circle is located in the Downtown Carmel Neighborhood and 46032 Zip code of Carmel, IN.
Unique Features and Amenities
- *In Select Apartments
- 2024 Best In State - #1 ORA Reputation
- 2024 ORA Elite 1% Achiever
- Bike Rooms
- Central A/C
- Community Walking Paths & Nearby Parks
- EV Car Charging Stations
- Granite Kitchen Countertops
- Kitchen Cabinet Pulls*
- Kitchen Pendant Lighting
- Large Windows for Added Natural Lighting
- Luxury vinyl wood plank flooring*
- Minutes from the Carmel Arts & Design District
- Modern Upgraded Kitchens
- Outdoor Grills & Lounge Area
- Planned monthly resident events
- Preferred Employer Program
- Private Garages Available
- Private Patios & Balconies
- Resort-Style Swimming Pool
- Stainless Steel Appliance Package Available*
- Top-Rated Carmel Clay School District
- Vivint Smart Home Technology Package*
- Washer/Dryer Included
Property Contact Info
Floorplan Pricing and Availability
New! Interactive Property Map
1 Bedroom
Show Unavailable FloorplansFloorplan A4
From $1,349
1 Bed, 1 Bath, 782 sq ftAvailable NowCheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,349 Available Now 4-110 782 $1,399 October 2, 2025 2-301 782 $1,399 November 15, 2025 1-312 782 Model Rent and Fees
Model Price Range
- $1,349 - $1,917
Model Rent and Fees
Model Price Range
- $1,349 - $1,917
Model Rent and Fees
Model Price Range
- $1,349 - $1,917
Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable NowA4 - Floorplan 1 Apartment Unit: 4-110Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable NowApartment Unit: 2-301Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable October 2, 2025Apartment Unit: 1-312Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable November 15, 2025Floorplan A8
From $1,499
1 Bed, 1 Bath, 927 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,499 Available Now 3-312 927 $1,549 October 22, 2025 3-212 927 Model Rent and Fees
Model Price Range
- $1,499 - $1,902
Model Rent and Fees
Model Price Range
- $1,499 - $1,902
Apartment Model: A81 Bedroom, 1 Bath, 927 sq ftAvailable NowA8 - Floorplan 1 Apartment Unit: 3-312Apartment Model: A81 Bedroom, 1 Bath, 927 sq ftAvailable NowApartment Unit: 3-212Apartment Model: A81 Bedroom, 1 Bath, 927 sq ftAvailable October 22, 2025Floorplan A6
From $1,449
1 Bed, 1 Bath, 842 sq ftAvailable Oct 11Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,449 October 11, 2025 3-202 842 $1,469 October 16, 2025 3-301 842 $1,449 November 5, 2025 3-302 842 Model Rent and Fees
Model Price Range
- $1,449 - $1,921
Model Rent and Fees
Model Price Range
- $1,449 - $1,921
Model Rent and Fees
Model Price Range
- $1,449 - $1,921
Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable October 11, 2025A6 - Floorplan 1 Apartment Unit: 3-202Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable October 11, 2025Apartment Unit: 3-301Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable October 16, 2025Apartment Unit: 3-302Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable November 5, 2025Floorplan A5
From $1,429
1 Bed, 1 Bath, 801 sq ftAvailable Oct 20Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,429 October 20, 2025 4-107 801 Model Rent and Fees
Model Price Range
- $1,429 - $1,874
Apartment Model: A51 Bedroom, 1 Bath, 801 sq ftAvailable October 20, 2025A5 - Floorplan 1 A5 - Floorplan 2 Apartment Unit: 4-107Apartment Model: A51 Bedroom, 1 Bath, 801 sq ftAvailable October 20, 2025Floorplan A1
1 Bed, 1 Bath, 543 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A1 543 sq ft Apartment Model: A11 Bedroom, 1 Bath, 543 sq ftUnavailableA1 - Floorplan 1 Floorplan A2
1 Bed, 1 Bath, 700 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A2 700 sq ft Apartment Model: A21 Bedroom, 1 Bath, 700 sq ftUnavailableA2 - Floorplan 1 Floorplan A3
1 Bed, 1 Bath, 788 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A3 788 sq ft Apartment Model: A31 Bedroom, 1 Bath, 788 sq ftUnavailableA3 - Floorplan 1 A3 - Floorplan 2 Floorplan A7
1 Bed, 1 Bath, 866 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A7 866 sq ft Apartment Model: A71 Bedroom, 1 Bath, 866 sq ftUnavailableA7 - Floorplan 1 Floorplan A7G
1 Bed, 1 Bath, 866 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A7G 866 sq ft Apartment Model: A7G1 Bedroom, 1 Bath, 866 sq ftUnavailableA7G - Floorplan 1 Floorplan A10
1 Bed, 1 Bath, 923 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A10 923 sq ft Apartment Model: A101 Bedroom, 1 Bath, 923 sq ftUnavailableA10 - Floorplan 1 Floorplan A9
1 Bed, 1 Bath, 951 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A9 951 sq ft Apartment Model: A91 Bedroom, 1 Bath, 951 sq ftUnavailableA9 - Floorplan 1 Floorplan A11
1 Bed, 1 Bath, 1060 sq ftLargest 1 BedroomThis is the largest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A11 1060 sq ft Apartment Model: A111 Bedroom, 1 Bath, 1060 sq ftUnavailableA11 - Floorplan 1 2 Bedrooms
Show Unavailable FloorplansFloorplan B5
From $1,499
2 Beds, 2 Baths, 1095 sq ftAvailable NowCheapest 2 BedroomThis is the cheapest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,499 Available Now 1-204 1095 $1,549 Available Now 1-211 1095 $1,649 Available Now 4-311 1095 Model Rent and Fees
Model Price Range
- $1,499 - $2,319
Model Rent and Fees
Model Price Range
- $1,499 - $2,319
Model Rent and Fees
Model Price Range
- $1,499 - $2,319
Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable NowB5 - Floorplan 1 Apartment Unit: 1-204Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable NowApartment Unit: 1-211Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable NowApartment Unit: 4-311Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable NowFloorplan B3
From $1,549
2 Beds, 2 Baths, 1108 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,549 Available Now 4-202 1108 $1,649 Available Now 2-302 1108 Model Rent and Fees
Model Price Range
- $1,549 - $2,174
Model Rent and Fees
Model Price Range
- $1,549 - $2,174
Apartment Model: B32 Bedroom, 2 Bath, 1108 sq ftAvailable NowB3 - Floorplan 1 B3 - Floorplan 2 Apartment Unit: 4-202Apartment Model: B32 Bedroom, 2 Bath, 1108 sq ftAvailable NowApartment Unit: 2-302Apartment Model: B32 Bedroom, 2 Bath, 1108 sq ftAvailable NowFloorplan B4
From $1,679
2 Beds, 2 Baths, 1094 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,679 Available Now 5-205 1094 Model Rent and Fees
Model Price Range
- $1,679 - $2,181
Apartment Model: B42 Bedroom, 2 Bath, 1094 sq ftAvailable NowB4 - Floorplan 1 Apartment Unit: 5-205Apartment Model: B42 Bedroom, 2 Bath, 1094 sq ftAvailable NowFloorplan B2
From $1,699
2 Beds, 2 Baths, 1154 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,699 Available Now 5-201 1154 Model Rent and Fees
Model Price Range
- $1,699 - $2,136
Apartment Model: B22 Bedroom, 2 Bath, 1154 sq ftAvailable NowB2 - Floorplan 1 B2 - Floorplan 2 Apartment Unit: 5-201Apartment Model: B22 Bedroom, 2 Bath, 1154 sq ftAvailable NowFloorplan B6
From $1,799
2 Beds, 2 Baths, 1170 sq ftAvailable Oct 29Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,799 October 29, 2025 3-103 1170 $1,891 December 5, 2025 3-313 1170 Model Rent and Fees
Model Price Range
- $1,799 - $2,463
Model Rent and Fees
Model Price Range
- $1,799 - $2,463
Apartment Model: B62 Bedroom, 2 Bath, 1170 sq ftAvailable October 29, 2025B6 - Floorplan 1 Apartment Unit: 3-103Apartment Model: B62 Bedroom, 2 Bath, 1170 sq ftAvailable October 29, 2025Apartment Unit: 3-313Apartment Model: B62 Bedroom, 2 Bath, 1170 sq ftAvailable December 5, 2025Floorplan B7
From $1,749
2 Beds, 2 Baths, 1256 sq ftAvailable Nov 1Largest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,749 November 1, 2025 3-310 1256 Model Rent and Fees
Model Price Range
- $1,749 - $2,458
Apartment Model: B72 Bedroom, 2 Bath, 1256 sq ftAvailable November 1, 2025B7 - Floorplan 1 Apartment Unit: 3-310Apartment Model: B72 Bedroom, 2 Bath, 1256 sq ftAvailable November 1, 2025Floorplan B1G
From $1,848
2 Beds, 2 Baths, 1026 sq ftAvailable Nov 4Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,848 November 4, 2025 2-111 1026 Model Rent and Fees
Model Price Range
- $1,848 - $2,374
Apartment Model: B1G2 Bedroom, 2 Bath, 1026 sq ftAvailable November 4, 2025B1G - Floorplan 1 Apartment Unit: 2-111Apartment Model: B1G2 Bedroom, 2 Bath, 1026 sq ftAvailable November 4, 2025Floorplan B1
2 Beds, 2 Baths, 1026 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable B1 1026 sq ft Apartment Model: B12 Bedroom, 2 Bath, 1026 sq ftUnavailableB1 - Floorplan 1 Floorplan B4G
2 Beds, 2 Baths, 1094 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable B4G 1094 sq ft Apartment Model: B4G2 Bedroom, 2 Bath, 1094 sq ftUnavailableB4G - Floorplan 1
Property Information
- 193 Units
- 4 Stories
- Built in 2012
- Renovated In 2019
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Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Other Fees
Personal Add-Ons
- Administrative Fee$200
- Application Fee Per Applicant$70
Pet Policy and Fees
Dogs
- Fees Not Specified
| Restrictions: None
Cats
- Fees Not Specified
| Restrictions: None
Parking Info and Fees
- Other
- Garage Parking
Features and Amenities
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Nearby Properties

Map
Hours and Contact Info
Monday | 9:00 am–6:00 pm |
Tuesday | 9:00 am–6:00 pm |
Wednesday | 9:00 am–6:00 pm |
Thursday | 9:00 am–6:00 pm |
Friday | 9:00 am–6:00 pm |
Saturday | 10:00 am–5:00 pm |
Sunday | Closed |
Getting Around
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
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.
Renters Reviews and Ratings
Excellent Management
January 15, 2024I lived in Penn Circle for 2.5 years: 1 year in a one-bedroom and 1.5 years in a 2 Bed/2 Bath. The apartments themselves are beautiful and very well laid out. The granite countertops and the 9ft ceilings feel like luxury, and with the soundproofing, we often forgot we were in an apartment. The location was incredibly safe and was close to a slew of grocery stores, restaurants, shopping, and doctors offices. 99% of what we needed was within a 5-10 minute drive (or walk). The management is ...incredibly attentive and well-run. On the rare occasion that I had a maintenance issue, someone would be there to fix it within a few hours (unless I asked that they come later due to my WFH hours). Moving in and out was a breeze. They allow you to park right at the entrance and will even provide a dolly to make it easier. From my first day, it amazed me how the front desk knew everyone's name, apartment number, and the status of any outstanding requests - and they were always excited to see everyone. However, the piece that stood out to me most was generosity and flexibility of the front desk. Shortly before I got married, I requested to upgrade to a larger unit when my then-current lease expired. They walked me through multiple floor plans and availability dates of larger units. Unfortunately, the one I wanted was available a few weeks before my lease expired. Although I was capable and willing to have some overlap, their policy does not allow leasees to carry multiple leases at the same time, even for a week. However, the front desk created the work-around to put only my husband on the lease, then add me later (without a fee or additional paperwork, including contacting USPS). If that were not enough, they also gave us the "referral" promotion they were running at the time because my husband was technically new to the complex. I can think of a dozen more examples of how the management went above and beyond to make Penn Circle a wonderful place to live. We will definitely miss being at such a nice complex surrounded by kind people.Property Manager Responded
February 1, 2024Thank you so much for taking the time to share your detailed and glowing review of Penn Circle! We're thrilled to hear that you had such a positive experience during your 2.5 years living here. It's fantastic to know that you found the apartments beautiful and well-laid out, with luxurious features like granite countertops and 9ft ceilings. We're glad that the soundproofing made it easy for you to forget you were in an apartment. Our team works hard to ensure that our residents feel comfortable and have access to everything they need nearby, so we're happy to hear that you found the location convenient. We're especially grateful for your kind words about our management team. It's heartwarming to know that they were attentive, well-run, and always went above and beyond to assist you. We strive to create a welcoming and accommodating environment for all our residents, and we're delighted that you felt that way. Thank you again for choosing Penn Circle as your home and for sharing your ...positive experiences with us. We'll miss having you as part of our community, and we wish you all the best in your future endeavors! -Management
Property Manager Responded
March 26, 2024It sounds like you had an incredible experience living at Penn Circle! From the luxurious apartments to the convenient location and attentive management, it seems like everything was top-notch. Thank you for sharing your positive feedback!
Read MoreReview from Apartments.com
Highly Recommend Penn
December 30, 2023I've lived at Penn Circle for 2 years and could not think of a better place to call home! The space is updated, offers great amenities, and maintenance requests are always taken care of quickly. The entire staff is very friendly and continuously create a fun and welcoming environment!Property Manager Responded
January 10, 2024Thank you for the great review and recommendation of Penn Circle. We are so glad you enjoyed your stay here for 2 years and would love to welcome you back in the future. Our best, Management
Review from Apartments.com
Best apartment I've ever lived in
December 19, 2023Office and maintenance staff are fantastic. Every issue is taken care of in a quick, pleasant, and professional fashion. The layout and appliances are modern and high quality. Common areas are new and well maintained. The walls between apartments are functionally soundproof although sometimes noise from outside can be intrusive.Property Manager Responded
December 27, 2023Thank you for the thoughtful review and recommendation for Penn Circle. We are happy to hear how much you enjoy your home here. Warm regards, Management
Review from Apartments.com
Best place in Carmel
December 18, 2023From the property managers to the maintenance staff, everyone here is top notch. Penn Circle is a great for young professionals! We have a swimming pool for the summer time, a really nice lobby/clubhouse set up with TV’s, a nice little gym, lots of parking and choice of covered parking. I definitely recommend to anyone looking for a place in the north Indy area. 10/10Property Manager Responded
December 27, 2023Thank you for the glowing recommendation for our community here at Penn Circle. We strive to ensure Penn Circle is an excellent place to call home and appreciate you noticing our efforts. Please continue to share your thoughts with our team.
Review from Apartments.com
Incredible apartment complex and staff!
December 18, 2023The Penn Circle staff is so welcoming, helpful, and genuine. They respond quickly, and maintenance is very timely when needed. The amenities at Penn Circle have always been nice, but they recently renovated the clubhouse and outdoor furniture, making it even more homey! It's also located near downtown Carmel, which houses many restaurants, activities, and the seasonal Saturday morning Farmer's Market. I cannot speak high enough about Penn Circle as a whole!Property Manager Responded
December 27, 2023Thank you for the high recommendation of Penn Circle. Please reach out to our team if we can be of future service. We always want you to love your home here.
Review from Apartments.com
Amazing Apartment
December 18, 2023I had the pleasure of living here for 4 years and I don’t have a single complaint. The staff was amazing and helpful with anything that I needed. The apartment complex was very nice, well furnished and I would highly recommend!Property Manager Responded
December 27, 2023Thank you for recommending Penn Circle! We are so happy your stay here was a positive experience, too. Best wishes! -Penn Circle Team
Review from Apartments.com
Wow
December 18, 2023The staff are so wonderful and friendly! The club house is so nice and clean and the Holliday party they had for us residents really made me feel connected to the other residents! I can’t say enough about this place! It’s truly a wonderful place to live!Property Manager Responded
December 27, 2023Thank you for the great review. We are pleased you've enjoyed our recent holiday events and that our team provides you with the best customer service. Please continue to share your thoughts with us, and thank you for recommending Penn Circle to others!
Review from Apartments.com
Best place at Carmel
December 14, 2023The apartments are spacious, well designed, very good location. The amenities are comfortable, clean, and useful, make sure to visit the clubhouse, the pool and the gym. The staff is so kind, with excellent service spirit, they really go the extra mile to make you feel welcome and cared. Bonus: pet friendly!Property Manager Responded
January 10, 2024Hello! Thank you for the great review. We are proud to be a pet-friendly community in Carmel. Thank you also for your compliments on our service team. We always want you to enjoy your home here at Penn Circle, so please reach out to us if you need anything. Thank you, Management
Review from Apartments.com
Great Location
December 14, 2023Carmel is growing fast. Nice thing about this property is it is end the west edge so not crazy here but 15 mins walking or a couple driving from anything you need or want.Property Manager Responded
December 19, 2023Hi! Thank you for the positive rating for our community. We are glad to learn our location is ideal for you, too. We would love to earn all 5 stars from you next time, so please let us know if there is anything more we can do to improve our services for you here at Penn Circle. Our best, Management
Review from Apartments.com
Great Location & Staff!
December 14, 2023Location is ideal and close to some great restaurants and shopping. Staff is friendly, helpful and maintenance team is always on top of it and super nice!Property Manager Responded
December 27, 2023Thank you for taking the time to recommend Penn Circle to others. We are so happy we are also meeting our service goals for you. Please reach out to our team if you need anything. Our best, Management
Review from Apartments.com
Wonderful Place to Live
December 14, 2023The staff and management at Penn Circle is always welcoming and knows you by name. They go above and beyond in every way. The apartment complex is well kept/maintained and any maintenance requests are fixed right away.Property Manager Responded
December 27, 2023Thank you for taking the time to leave us feedback. We appreciate you recommending Penn Circle to others. Please reach out to our team if you need anything. We are here to serve!
Review from Apartments.com
Enjoy living here
December 14, 2023I have lived at Penn Circle Apartments since mid-2016 and find it a very desirable place. Their rents are very competitive with the surrounding communities. Any issues I have had with the physical nature of my apartment are handled the same day. The staff is outstanding in all regards. Recently the owners have renovated the property including not only the exterior and the apartments, but also the club house. I highly recommend it if you are looking in the Carmel area.Property Manager Responded
December 27, 2023Thank you for the great recommendation of Penn Circle! We are so happy you approve of our recent renovations. Please reach out to our team if we can be of further service. We always want you to enjoy your home here at Penn Circle.
Review from Apartments.com
Nearby Schools
Carmel High School
Orchard Park Elementary School
Carmel Middle School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Penn Circle.
Arts Museums and Landmarks
Big Box and Retail
Meijer
Kohl's
Goodwill
Colleges and Universities
Groceries
Meijer
Whole Foods
Kroger
Hospitals
St. Vincent Carmel Hospital
Indiana University Health North Hospital
St. Vincent Heart Center Of Indiana
Parks and Recreation
Penn Circle has 2 parks within 7.0 miles, including Caribbean Cove, and Climb Time Indy.
Restaurants and Dining
Shopping Centers
Penn Circle has 5 shopping centers within 0.5 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Carmel Studio Apartments | $1,227 | $705 | $4,862 |
Carmel 1 Bedroom Apartments | $1,471 | $800 | $3,590 |
Carmel 2 Bedroom Apartments | $1,866 | $770 | $5,000 |
Carmel 3 Bedroom Apartments | $2,432 | $1,159 | $10,000+ |
Nearby Apartments
Nearby Homes
Did You Know?
The average 2 Bedroom Apartment in Carmel is $1,866.