Residence on Penn Apartments

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

2801 S Pennsylvania St
Indianapolis, IN 46225
(833) 784-8840
Residence on Penn in Indianapolis, IN - Building Photo
  • Studio–1 Bedrooms
  • $1,199-$1,499Pricing
  • 497–750Square Feet

Rent Specials

**2 MONTHS FREE**~~Get 2 months free with your 12, 13 or 15 month lease. Call us!

Ask Us About Our Specials

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

Floorplan Pricing and Availability

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

  • Studio

    0BR/1.0BA

    $1,199

    Studio, 1 Bath, 497 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotos
    $1,199Available NowA203497

    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 Rent and Fees

    Unit Price

    • $1,199

    Model Rent and Fees

    Price

    • $1,199
  • 1 Bedroom

    1BR/1.0BA

    From $1,299

    1 Bed, 1 Bath, 650-750 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtPhotosView Details
    $1,299Available NowA102650
    $1,499Available NowA104750
    $1,299 April 1, 2026A103700

    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 - $1,499

    Unit A102 Rent and Fees

    Unit Price

    • $1,299

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,499

    Unit A104 Rent and Fees

    Unit Price

    • $1,499

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,499

    Unit A103 Rent and Fees

    Unit Price

    • $1,299

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,499
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.

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

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Property Information

  • 17 Units
  • 3 Stories
  • Built in 2025

Lease Terms

  • 12 - 15 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

Utilities & Essentials

Tech Packagei-ButterflyMX System & Wi-Fi$55/mo
Pest Control$10/mo
Water & Sewage$70/mo

One-Time Move-In Fees

Due at Move-In
Redecoration Fee Non Refundable$500

Other Fees

Pet Fees

Cat

Pet Fee$300
Pet Rent$30/mo

Dog

Pet Fee$300
Pet Rent$30/mo

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.

    Features and Amenities

    Unique Amenities

    • Redecoration Fee Non Refundable
    • Water & Sewage

    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
    Google Map

    Map

    2801 S Pennsylvania St, Indianapolis, IN 46225

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    Monday9:00 am–5:00 pm
    Tuesday9:00 am–5:00 pm
    Wednesday9:00 am–5:00 pm
    Thursday9:00 am–5:00 pm
    Friday9:00 am–5:00 pm
    SaturdayBy Appointment
    SundayBy Appointment

    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 1 Bedroom Apartments at Residence on Penn currently range from $1,199 to $1,499

    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

    Are there any rent specials?

    The current rent special at Residence on Penn is: **2 MONTHS FREE**~~Get 2 months free with your 12, 13 or 15 month lease. Call us!.

    Lifestyle Ratings

    • Affordability Nice Value3.2

      The Residence on Penn Apartments are 4.3% cheaper than the average apartment in the South Village area, and 2.95% cheaper than the average apartment city-wide.

      Rent Comparison to the South Village Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      Studio$1,199$1,327-$128-9.6%
      1 Bedroom$1,299$1,286+$131.0%

      Rent Comparison to the city of Indianapolis

      FloorplanLowest Price HereCity Average RentCost Difference%
      Studio$1,199$1,202-$3-0.2%
      1 Bedroom$1,299$1,377-$78-5.7%

      Methodology: On 10/29/2025, ApartmentHomeLiving.com compared current rents by floorplan to 45 other apartment communities in the immediate area around Residence on Penn (South Village), and 1593 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 10/29/2025

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    3.0
    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
    6/10

    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
    1/10

    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
    3/10

    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
    1/10
    School data provided by GreatSchools.
    details
    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 scale of 1 (below average) and 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 needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Residence on Penn.

    Arts Museums and Landmarks

    ArtsGarden

    50 W. Washington Street
    5 minute drive / 2.57 miles away

    Indianapolis Repertory Theater

    140 W. Washington Street
    5 minute drive / 2.58 miles away

    Lucas Oil Stadium

    500 South Capitol Ave
    5 minute drive / 2.61 miles away

    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

    Colleges and Universities

    University of Indianapolis

    1400 E Hanna Ave
    5 minute drive / 1.95 miles away

    Indiana University-Indianapolis

    425 University Blvd
    6 minute drive / 3.17 miles away

    Indiana University School of Medicine

    340 W 10th St
    8 minute drive / 3.95 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

    Eskenazi Health

    720 Eskenazi Avenue
    7 minute drive / 3.56 miles away

    Indiana University Health

    1701 N Senate Blvd
    8 minute drive / 4.19 miles away

    Neurodiagnostic Institute

    5435 E 16th St
    12 minute drive / 6.03 miles away

    Military Bases

    Naval Avionics Center

    14 minute drive / 6.86 miles away

    Parks and Recreation

    Garfirled Conservatory

    2505 Conservatory Drive
    2 minute drive / 0.92 miles away

    White River State Park

    White River State Park
    5 minute drive / 2.72 miles away

    Benjamin Harrison House

    1230 North Delaware Street
    7 minute drive / 3.72 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.

    Restaurants and Dining

    Iaria's Italian Restaurant

    317 South College Avenue
    4 minute drive / 2.33 miles away

    Gabriel's Cafe

    320 North Meridian St
    6 minute drive / 2.9 miles away

    Elements

    415 North Alabama Street
    6 minute drive / 2.99 miles away

    Shopping Centers

    Felbram Plaza North

    3620-3700 S East St
    3 minute drive / 1.25 miles away

    Felbram Shopping Center

    3815-3825 S East St
    4 minute drive / 1.47 miles away

    Meridian Plaza

    3951-3967 S Meridian St
    4 minute drive / 1.5 miles away

    Residence on Penn has 5 shopping centers within 1.8 miles.

    Nearby Neighborhoods

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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Indianapolis Studio Apartments $1,202$581$5,271
    Indianapolis 1 Bedroom Apartments $1,377$581$4,071
    Indianapolis 2 Bedroom Apartments $1,663$563$5,706
    Indianapolis 3 Bedroom Apartments $2,034$1,085$8,565
    Indianapolis 4 Bedroom Apartments $1,908$550$8,134
    Indianapolis 5 Bedroom Apartments $4,699$1,000$8,595

    Browse Top Apartments in Indianapolis

    Viewing: Residence on Penn | Desktop Version | Listing Updated: 10/29/2025 | AHLDIA