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Updated 3 hours ago

Residence On Penn


2801 S Pennsylvania St Indianapolis, IN

Studio - 2 Bed
•
1 Bath

497 - 787 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,199
497 ft2
1 Available
Managed By: William Management
A203
$1,199
Available Now
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1 Bed • 1 Bath
$1,299
650 ft2
2 Available
Managed By: William Management
A102
$1,299
Available Now
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A202
$1,299
Available Now
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1 Bed • 1 Bath
$1,299
700 ft2
4 Available
Managed By: William Management
A105
$1,299
Available Now
View
A204
$1,299
Available Now
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A206
$1,299
Available Now
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A304
$1,299
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,299
620 ft2
1 Available
Managed By: William Management
A201
$1,299
Available Now
View
1 Bed • 1 Bath
$1,299
666 ft2
1 Available
Managed By: William Management
A302
$1,299
Available Now
View
1 Bed • 1 Bath
$1,399
710 ft2
1 Available
Managed By: William Management
A306
$1,399
Available Now
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2 Beds • 1 Bath
$1,599
735 ft2
1 Available
Managed By: William Management
A101
$1,599
Available Now
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2 Beds • 1 Bath
$1,799
760 ft2
1 Available
Managed By: William Management
A305
$1,799
Available Now
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Where you'll live
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Residence On Penn
Residence On Penn
Residence On Penn
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

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.
Tenants are responsible for electricity, water, sewage, and internet. 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!

Additional Details
Total Unit Count: 17
Last Updated: Updated 3 hours ago
Contact Number: (800) 706-0519
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
On-Ramp Indiana, Inc. 50.0 10.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 12.0 0.512
AT&T Inc. 6.0 0.512
Data from June 2020 provided by the FCC
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Photos Floor Plans
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Residence On Penn by bedroom type below.
Studio
Suggested income:
$43,200
per year
1 Bedroom
Suggested income:
$48,400
per year
2 Bedroom
Suggested income:
$61,200
per year
Rent report

Residence On Penn Rent vs. Indianapolis Average

 Residence On Penn      Indianapolis Average
Studio
$1,199
$1,045
$0
$400
$800
$1,200
$1,600
1BR
$1,344
$1,167
$0
$450
$900
$1,350
$1,800
2BR
$1,699
$1,353
$0
$600
$1,200
$1,800
$2,400

Residence On Penn is asking 15% more than the average studio apartment in Indianapolis.

If you upsized to an average priced Indianapolis 1 bedroom apartment, you would pay 10% more per month.

Residence On Penn provides 7% more square footage than the average Indianapolis studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Residence On Penn
Studio $1,199 $2.40 $3,597
1BR $1,344 $1.90 $4,033
2BR $1,699 $2.30 $5,097
Indianapolis Average
Studio $1,045 $2.30 $3,136
1BR $1,167 $1.70 $3,501
2BR $1,353 $1.30 $4,059
3BR $1,600 $1.10 $4,800
4BR $1,621 $1.00 $4,862

Availability in Indianapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,342 1BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 41% 38% 11% 2%
Available Units in Indianapolis
Studio 256
1BR 1,342
2BR 1,227
3BR 358
4BR 57
Location
Nearby Colleges

University of Indianapolis

American College Of Education

Indiana University - Purdue University Indianapolis

Ivy Tech Community College-Central Indiana

Butler University

Nearby Hospitals
Name Distance
Iu Health University Hospital 3.61 mi.
Riley Hospital For Children 3.79 mi.
Eskenazi Health 3.91 mi.
Nearby Fire Stations
Name Distance
North Union Fire District 2.6 mi.
North East Union Fire District 2.6 mi.
Heiberger Volunteer Fire Department 2.86 mi.
FAQs
Is this property currently leasing units?
Yes. There are 14 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 14 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 497 to 787 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,199 to $1,799. Residence On Penn has studio units available starting at $1,199, 1 bedroom units available starting at $1,299, and 2 bedroom units available starting at $1,599.
Where is this property located?
This property is at 2801 S Pennsylvania St in Indianapolis, IN. It's 3.0 miles south from the center of Indianapolis.
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