Residence on Penn Apartments in Indianapolis, IN

Q: When is the leasing office open?

The office Hours for Residence on Penn are: Monday 9:00 am–5:00 pm ,Tuesday 9:00 am–5:00 pm ,Wednesday 9:00 am–5:00 pm ,Thursday 9:00 am–5:00 pm ,Friday 9:00 am–5:00 pm ,Saturday By Appointment,Sunday By Appointment,

Photos

Residence on Penn in Indianapolis, IN - Building Photo — Interior Photo

Residence on Penn in Indianapolis, IN - Building Photo - Interior Photo — Interior Photo

Residence on Penn in Indianapolis, IN - Building Photo - Building Photo — Building Photo

Contact

Residence on Penn

2801 S Pennsylvania St
Indianapolis, IN 46225
(833) 784-8840

Studio–2 Bedrooms
$1,199-$1,599Pricing
497–750Square Feet

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 located in the South Village Neighborhood and 46225 Zip code of Indianapolis, IN. This community is professionally managed by William Management

Property Contact Info

Call Us: (833) 784-8840

Ask About Our Move-In Specials

Floorplan Pricing and Availability

Residence on Penn offers Studio to 2 Bedroom apartments starting from $1,199 and having 497–750 sq ft. Here is the current pricing and availability:

Studio
1 Bedrooms
2 Bedrooms

Studio
0BR/1.0BA
$1,199
Studio, 1 Bath, 497 sq ft
Available Now
Model Gallery
Availability Details
Price Availability Date Unit Sq Ft Property Map Photos
$1,199 Available Now A203 497
Model Amenities and Features
Features
Air Conditioning
Heating
High Speed Internet Access
Security System
Smoke Detector
Smoke Free
Tenant Controlled HVAC
Tub/Shower
Washer/Dryer
Wi-Fi
Windows
Kitchen
Dishwasher
Disposal
Kitchen
Microwave
Oven
Range
Refrigerator
Stainless Steel Appliances
Unit A203 Gallery
Photos
Property Map
Unit A203 Rent and Fees
Unit Price
$1,199Plus Fees
Model Rent and Fees
Price
$1,199Plus Fees
Apartment Unit: A203Apartment Model: 0BR/1.0BA$1,199Studio, 1 Bath, 497 sq ftAvailable Now
PhotosProperty Map
Unit: A203 - Image 1
Unit: A203 - Image 2
Unit: A203 - Image 3
Unit: A203 - Image 4
Unit: A203 - Image 5
Unit: A203 - Image 6
Unit: A203 - Image 7
Unit: A203 - Image 8
Unit: A203 - Image 9
Unit: A203 - Image 10

Price	Availability Date	Unit	Sq Ft	Property Map	Photos
$1,199	Available Now	A203	497

1BR/1.0BA

From $1,299

1 Bed, 1 Bath, 650-750 sq ft

Available Now

Model Gallery

Photos

Availability Details

Price	Availability Date	Unit	Sq Ft	View Details
$1,299	Available Now	A102	650	View Details Below
$1,499	Available Now	A104	750	View Details Below
$1,299	April 1, 2026	A103	700	View Details Below

Model Amenities and Features

Features

Air Conditioning
Heating
High Speed Internet Access
Security System
Smoke Detector
Smoke Free
Tenant Controlled HVAC
Tub/Shower
Washer/Dryer
Wi-Fi
Windows

Kitchen

Dishwasher
Disposal
Kitchen
Microwave
Oven
Range
Refrigerator
Stainless Steel Appliances

Model Rent and Fees

Model Price Range

$1,299 - $1,499Plus Fees

Unit A102 Gallery

Photos

Unit A102 Rent and Fees

Unit Price

$1,299Plus Fees

Model Rent and Fees

Model Price Range

$1,299 - $1,499Plus Fees

Unit A104 Gallery

Photos

Unit A104 Rent and Fees

Unit Price

$1,499Plus Fees

Model Rent and Fees

Model Price Range

$1,299 - $1,499Plus Fees

Unit A103 Gallery

Photos

Unit A103 Rent and Fees

Unit Price

$1,299Plus Fees

Model Rent and Fees

Model Price Range

$1,299 - $1,499Plus Fees

2 Bedrooms
2BR/1.0BA
$1,599
2 Beds, 1 Bath, 735 sq ft
Available Now
Model Gallery
Availability Details
Price Availability Date Unit Sq Ft Property Map Photos
$1,599 Available Now A101 735
Model Amenities and Features
Features
Air Conditioning
Heating
High Speed Internet Access
Security System
Smoke Detector
Smoke Free
Tenant Controlled HVAC
Tub/Shower
Washer/Dryer
Wi-Fi
Windows
Kitchen
Dishwasher
Disposal
Kitchen
Microwave
Oven
Range
Refrigerator
Stainless Steel Appliances
Unit A101 Gallery
Photos
Property Map
Unit A101 Rent and Fees
Unit Price
$1,599Plus Fees
Model Rent and Fees
Price
$1,599Plus Fees
Apartment Unit: A101Apartment Model: 2BR/1.0BA$1,5992 Bedroom, 1 Bath, 735 sq ftAvailable Now
PhotosProperty Map
Unit: A101 - Image 1
Unit: A101 - Image 2
Unit: A101 - Image 3
Unit: A101 - Image 4
Unit: A101 - Image 5
Unit: A101 - Image 6
Unit: A101 - Image 7
Unit: A101 - Image 8
Unit: A101 - Image 9
Unit: A101 - Image 10

Price	Availability Date	Unit	Sq Ft	Property Map	Photos
$1,599	Available Now	A101	735

Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Call us at: (833) 784-8840 to schedule a tour.

Videos

Property Video Tour 1

Property Information

17 Units
3 Stories
Built in 2025
View Property Website

You are leaving ApartmentHomeLiving.com…

Before navigating to this property's external website, would you like to contact them for more information?

Contact Property (optional)

Skip this step and take me to the property’s website

Lease Terms

12 - 15 mo

Ask About Our Lease Terms

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

Utilities & Essentials

Tech Packagei-ButterflyMX System & Wi-Fi Charged per unit$55/mo
Pest ControliCharged per unit$10/mo
Water & SewageiCharged per unit$70/mo

One-Time Move-In Fees

Due at Move-In
Redecoration Fee Non RefundableiCharged per unit$500

Other Fees

Pet Fees

Pet FeeiCharged per Pet$300
Monthly Pet FeeiCharged Per Pet$30/mo
Pet FeeiCharged per Pet$300
Monthly Pet FeeiCharged Per Pet$30/mo

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

On-Site Services

Package Service
Video Patrol
24 Hour Access

Outdoor Features

Grill
Controlled Access

Recreation and Fitness

Bicycle Storage

Interior Features

Tenant Controlled Hvac
Windows
Smoke Detector
Security System
Tub/Shower
High Speed Internet Access
Heating
Washer/Dryer
Air Conditioning
Wi Fi
Smoke Free

Kitchen Amenities

Oven
Stainless Steel Appliances
Kitchen
Dishwasher
Microwave
Range
Refrigerator
Disposal

Living Area Features

High Ceilings
Vinyl Flooring

Ask About Our Amenities

Hours and Contact Info

Call Us - Open Now!

Currently Closed

By Appointment

(833) 784-8840

Monday	9:00 am–5:00 pm
Tuesday	9:00 am–5:00 pm
Wednesday	9:00 am–5:00 pm
Thursday	9:00 am–5:00 pm
Friday	9:00 am–5:00 pm
Saturday	By Appointment
Sunday	By Appointment

Ask About Live Online Tours

Frequently Asked Questions about Residence on Penn

Where is Residence on Penn located?

Residence on Penn is located at 2801 S Pennsylvania St near the South Village area of Indianapolis, IN

What is the current rent range at Residence on Penn?

Studio to 2 Bedroom Apartments at Residence on Penn currently range from $1,199 to $1,599

When is the leasing office open?

The office Hours for Residence on Penn are
Monday 9:00 am–5:00 pm
Tuesday 9:00 am–5:00 pm
Wednesday 9:00 am–5:00 pm
Thursday 9:00 am–5:00 pm
Friday 9:00 am–5:00 pm
Saturday By Appointment
Sunday By Appointment

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

Affordability Nice Value3.4
The Residence on Penn Apartments are 3.33% more expensive than the average apartment in the South Village area, and 1.97% cheaper than the average apartment city-wide.
Rent Comparison to the South Village Neighborhood
Floorplan Lowest Price Here Neighborhood Avg Rent Nbhd Avg Rent Cost Difference %
Studio $1,199 $1,316 -$117 -8.9%
1 Bedroom $1,299 $1,232 +$67 5.4%
2 Bedroom $1,599 $1,409 +$190 13.5%
Plus Fees
Rent Comparison to the city of Indianapolis
Floorplan Lowest Price Here City Average Rent Cost Difference %
Studio $1,199 $1,170 +$29 2.5%
1 Bedroom $1,299 $1,374 -$75 -5.5%
2 Bedroom $1,599 $1,647 -$48 -2.9%
Plus Fees
Methodology: On 01/28/2026, ApartmentHomeLiving.com compared current rents by floorplan to 79 other apartment communities in the immediate area around Residence on Penn (South Village), and 2619 other apartment communities in Indianapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.
Rent Pricing Data as of 01/28/2026

Floorplan	Lowest Price Here	Neighborhood Avg Rent	Nbhd Avg Rent	Cost Difference	%
Studio	$1,199	$1,316	-$117	-8.9%
1 Bedroom	$1,299	$1,232	+$67	5.4%
2 Bedroom	$1,599	$1,409	+$190	13.5%

Floorplan	Lowest Price Here	City Average Rent	Cost Difference	%
Studio	$1,199	$1,170	+$29	2.5%
1 Bedroom	$1,299	$1,374	-$75	-5.5%
2 Bedroom	$1,599	$1,647	-$48	-2.9%

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0

0 Renters Reviews

ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Center for Inquiry School 2

Indianapolis Public Schools

725 North New Jersey Street

Public School - Grades K-8 (444 Students)

In Attendance Zone7 minute drive / 3.5 miles away

Arsenal Technical High School

Indianapolis Public Schools

1500 E Michigan St

Public School - Grades 9-12 (2366 Students)

In Attendance Zone7 minute drive / 3.6 miles away

Daniel Webster School 46

Indianapolis Public Schools

1450 South Reisner Street

Public School - Grades PK-8 (417 Students)

In Attendance Zone4 minute drive / 2.3 miles away

George Washington Community High School (9-12)

Indianapolis Public Schools

2215 West Washington Street

Public School - Grades 9-12 (753 Students)

In Attendance Zone7 minute drive / 3.5 miles away

School data provided by GreatSchools.

Points of Interest

Time and distance from Residence on Penn.

Big Box and Retail

Walgreens

1808 Albany St

6 minute drive / 3.04 miles away

Autozone

3035 Kentucky Ave

7 minute drive / 3.58 miles away

Kroger

5937 Madison Ave

8 minute drive / 3.8 miles away

Groceries

Kroger

5937 Madison Ave

8 minute drive / 3.8 miles away

Aldi

6691 E Washington St

13 minute drive / 6.39 miles away

Hospitals

Riley Hospital For Children

705 Riley Hospital Dr

7 minute drive / 3.49 miles away

Eskenazi Health

720 Eskenazi Avenue

7 minute drive / 3.56 miles away

Richard L. Roudebush Va Medical Center

1481 W 10th St

7 minute drive / 3.59 miles away

Military Bases

Naval Avionics Center

14 minute drive / 6.86 miles away

Residence on Penn has 4 parks within 5.6 miles, including Garfirled Conservatory, White River State Park, Benjamin Harrison House, and SpaceQuest Planetarium.

Residence on Penn has 5 shopping centers within 1.8 miles.

Rental Price Ranges in the Area

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Indianapolis Studio Apartments	$1,170	$595	$5,240
Indianapolis 1 Bedroom Apartments	$1,374	$497	$6,336
Indianapolis 2 Bedroom Apartments	$1,647	$563	$5,839
Indianapolis 3 Bedroom Apartments	$2,011	$825	$10,000+
Indianapolis 4 Bedroom Apartments	$1,589	$600	$10,000+
Indianapolis 5 Bedroom Apartments	$11,752	$1,000	$10,000+

Browse Top Apartments in Indianapolis

By Price

By Community Type

By Amenities

Viewing: Residence on Penn | Desktop Version | Listing Updated: 01/28/2026 | AHLDIA

Residence on Penn Apartments

Share on Social

Photos

Contact

Residence on Penn

About Residence on Penn

Property Contact Info

Floorplan Pricing and Availability

New! Interactive Property Map

Studio

0BR/1.0BA

$1,199

Model Gallery

Availability Details

Model Amenities and Features

Features

Kitchen

Unit A203 Gallery

Photos

Property Map

Unit A203 Rent and Fees

Unit Price

Model Rent and Fees

Price

1 Bedroom

1BR/1.0BA

From $1,299

Model Gallery

Photos

Availability Details

Model Amenities and Features

Features

Kitchen

Model Rent and Fees

Model Price Range

Unit A102 Gallery

Photos

Property Map

Unit A102 Rent and Fees

Unit Price

Model Rent and Fees

Model Price Range

Unit A104 Gallery

Photos

Property Map

Unit A104 Rent and Fees

Unit Price

Model Rent and Fees

Model Price Range

Unit A103 Gallery

Photos

Property Map

Unit A103 Rent and Fees

Unit Price

Model Rent and Fees

Model Price Range

2 Bedrooms

2BR/1.0BA

$1,599

Model Gallery

Availability Details

Model Amenities and Features

Features

Kitchen

Unit A101 Gallery

Photos

Property Map

Unit A101 Rent and Fees

Unit Price

Model Rent and Fees

Price

Property Map

Property Map

Schedule a Tour

Videos

Property Information

You are leaving ApartmentHomeLiving.com…

Lease Terms

Fees and Policies

Required Fees