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Penn Circle
Carmel, IN 46032

- 1–2 Bedrooms
- 543–1,256Square Feet
About Penn Circle
Take Your Living Experience to New Heights 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 A3
From $1,381
1 Bed, 1 Bath, 788 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,381 Available Now 3-118 788 Model Rent and Fees
Model Price Range
- $1,381 - $1,628
Apartment Model: A31 Bedroom, 1 Bath, 788 sq ftAvailable Now![]()
A3 - Floorplan 1 ![]()
A3 - Floorplan 2 Apartment Unit: 3-118Apartment Model: A31 Bedroom, 1 Bath, 788 sq ftAvailable NowFloorplan A6
From $1,449
1 Bed, 1 Bath, 842 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,449 Available Now 3-202 842 $1,449 Available Now 3-302 842 $1,449 November 17, 2025 3-315 842 Model Rent and Fees
Model Price Range
- $1,449 - $1,837
Model Rent and Fees
Model Price Range
- $1,449 - $1,837
Model Rent and Fees
Model Price Range
- $1,449 - $1,837
Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable Now![]()
A6 - Floorplan 1 Apartment Unit: 3-202Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable NowApartment Unit: 3-302Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable NowApartment Unit: 3-315Apartment Model: A61 Bedroom, 1 Bath, 842 sq ftAvailable November 17, 2025Floorplan A8
From $1,537
1 Bed, 1 Bath, 927 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,537 Available Now 3-212 927 Model Rent and Fees
Model Price Range
- $1,537 - $1,872
Apartment Model: A81 Bedroom, 1 Bath, 927 sq ftAvailable Now![]()
A8 - Floorplan 1 Apartment Unit: 3-212Apartment Model: A81 Bedroom, 1 Bath, 927 sq ftAvailable NowFloorplan A4
From $1,384
1 Bed, 1 Bath, 782 sq ftAvailable Dec 9Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,434 December 9, 2025 1-301 782 $1,434 January 8, 2026 4-210 782 $1,384 March 7, 2026 4-101 782 Model Rent and Fees
Model Price Range
- $1,384 - $1,744
Model Rent and Fees
Model Price Range
- $1,384 - $1,744
Model Rent and Fees
Model Price Range
- $1,384 - $1,744
Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable December 9, 2025![]()
A4 - Floorplan 1 Apartment Unit: 1-301Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable December 9, 2025Apartment Unit: 4-210Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable January 8, 2026Apartment Unit: 4-101Apartment Model: A41 Bedroom, 1 Bath, 782 sq ftAvailable March 7, 2026Floorplan A1
From $1,263
1 Bed, 1 Bath, 543 sq ftAvailable Dec 10Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,263 December 10, 2025 3-304 543 Model Rent and Fees
Model Price Range
- $1,263 - $1,547
Apartment Model: A11 Bedroom, 1 Bath, 543 sq ftAvailable December 10, 2025![]()
A1 - Floorplan 1 Apartment Unit: 3-304Apartment Model: A11 Bedroom, 1 Bath, 543 sq ftAvailable December 10, 2025Floorplan A10
From $1,634
1 Bed, 1 Bath, 923 sq ftAvailable Dec 16Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,634 December 16, 2025 5-207 923 Model Rent and Fees
Model Price Range
- $1,634 - $1,993
Apartment Model: A101 Bedroom, 1 Bath, 923 sq ftAvailable December 16, 2025![]()
A10 - Floorplan 1 Apartment Unit: 5-207Apartment Model: A101 Bedroom, 1 Bath, 923 sq ftAvailable December 16, 2025Floorplan A7
From $1,493
1 Bed, 1 Bath, 866 sq ftAvailable January 18, 2026Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,493 January 18, 2026 1-306 866 Model Rent and Fees
Model Price Range
- $1,493 - $1,824
Apartment Model: A71 Bedroom, 1 Bath, 866 sq ftAvailable January 18, 2026![]()
A7 - Floorplan 1 Apartment Unit: 1-306Apartment Model: A71 Bedroom, 1 Bath, 866 sq ftAvailable January 18, 2026Floorplan 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 ftUnavailable![]()
A2 - Floorplan 1 Floorplan A5
1 Bed, 1 Bath, 801 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A5 801 sq ft Apartment Model: A51 Bedroom, 1 Bath, 801 sq ftUnavailable![]()
A5 - Floorplan 1 ![]()
A5 - Floorplan 2 A7G - Garage Included
1 Bed, 1 Bath, 866 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable A7G - Garage Included 866 sq ft Apartment Model: A7G - Garage Included1 Bedroom, 1 Bath, 866 sq ftUnavailable![]()
A7G - Garage Included - 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 ftUnavailable![]()
A9 - 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 ftUnavailable![]()
A11 - Floorplan 1 2 Bedrooms
Show Unavailable FloorplansFloorplan B5
From $1,599
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 $1,599 Available Now 4-311 1095 $1,649 Available Now 2-204 1095 $1,599 Available Now 2-311 1095 Model Rent and Fees
Model Price Range
- $1,599 - $2,327
Model Rent and Fees
Model Price Range
- $1,599 - $2,327
Model Rent and Fees
Model Price Range
- $1,599 - $2,327
Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable Now![]()
B5 - Floorplan 1 Apartment Unit: 4-311Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable NowApartment Unit: 2-204Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable NowApartment Unit: 2-311Apartment Model: B52 Bedroom, 2 Bath, 1095 sq ftAvailable NowFloorplan B3
From $1,649
2 Beds, 2 Baths, 1108 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,649 Available Now 2-302 1108 Model Rent and Fees
Model Price Range
- $1,649 - $2,130
Apartment Model: B32 Bedroom, 2 Bath, 1108 sq ftAvailable Now![]()
B3 - Floorplan 1 ![]()
B3 - Floorplan 2 Apartment Unit: 2-302Apartment Model: B32 Bedroom, 2 Bath, 1108 sq ftAvailable NowFloorplan B2
From $1,696
2 Beds, 2 Baths, 1154 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,696 Available Now 5-201 1154 Model Rent and Fees
Model Price Range
- $1,696 - $2,153
Apartment Model: B22 Bedroom, 2 Bath, 1154 sq ftAvailable Now![]()
B2 - 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 NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,799 Available Now 3-103 1170 $1,841 December 5, 2025 3-313 1170 Model Rent and Fees
Model Price Range
- $1,799 - $2,340
Model Rent and Fees
Model Price Range
- $1,799 - $2,340
Apartment Model: B62 Bedroom, 2 Bath, 1170 sq ftAvailable Now![]()
B6 - Floorplan 1 Apartment Unit: 3-103Apartment Model: B62 Bedroom, 2 Bath, 1170 sq ftAvailable NowApartment Unit: 3-313Apartment Model: B62 Bedroom, 2 Bath, 1170 sq ftAvailable December 5, 2025B1G - Garage Included
From $1,816
2 Beds, 2 Baths, 1026 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,816 Available Now 2-111 1026 Model Rent and Fees
Model Price Range
- $1,816 - $2,273
Apartment Model: B1G - Garage Included2 Bedroom, 2 Bath, 1026 sq ftAvailable Now![]()
B1G - Garage Included - Floorplan 1 Apartment Unit: 2-111Apartment Model: B1G - Garage Included2 Bedroom, 2 Bath, 1026 sq ftAvailable NowFloorplan 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 ftUnavailable![]()
B1 - Floorplan 1 B4G - Garage Included
2 Beds, 2 Baths, 1094 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable B4G - Garage Included 1094 sq ft Apartment Model: B4G - Garage Included2 Bedroom, 2 Bath, 1094 sq ftUnavailable![]()
B4G - Garage Included - Floorplan 1 Floorplan B4
2 Beds, 2 Baths, 1094 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable B4 1094 sq ft Apartment Model: B42 Bedroom, 2 Bath, 1094 sq ftUnavailable![]()
B4 - Floorplan 1 Floorplan B7
2 Beds, 2 Baths, 1256 sq ftLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable B7 1256 sq ft Apartment Model: B72 Bedroom, 2 Bath, 1256 sq ftUnavailable![]()
B7 - 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.
Required Fees
One-Time Move-In Fees
- Due at Move-In
- Administrative Fee$200
- Due at Application
- 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
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.
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
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 | $1,137 | $705 | $4,806 |
| Carmel 1 Bedroom Apartments | $1,437 | $787 | $4,036 |
| Carmel 2 Bedroom Apartments | $1,805 | $770 | $3,725 |
| Carmel 3 Bedroom Apartments | $2,346 | $1,249 | $7,211 |
Nearby Apartments
Nearby Homes
Did You Know?
Apartment residents stay an average of 2.5 years in their apartment before moving.
















