Updated 5+ Days Ago
Location
10905 Penwell Way, Indianapolis, IN 46235, USA
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Amenities for 10905 Penwell Way
Features
| 2 Floors | Central Air |
Appliances
| Dishwasher |
Services
| Concierge Service | Package Service |
Other
| Exterior Type: Vinyl Siding | Six Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 10905 Penwell Way
Property Status: Active Welcome to a charming home in Indianapolis, IN. This inviting residence features four bedrooms, two and a half baths, and a thoughtfully designed living area perfect for gatherings. Enjoy natural light throughout, a well-equipped kitchen, and a functional yet elegant layout. Located in a desirable neighborhood with nearby amenities, parks, and schools, this home offers the ideal blend of modern living and serene surroundings. Make 10905 Penwell Way your new retreat in vibrant Indianapolis. All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Office Phone: (317) 842-3400 Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 10905 Penwell Way compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- More space
- The 4-bedroom is 298 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Address details
| Zip code | 46235 |
|---|---|
| Type | House for rent |
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Rent trends in Indianapolis
4-bedroom apartments at 10905 Penwell Way cost about 2% less than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of Jul 18 2026.
Indianapolis
| Month | Median Rent |
|---|---|
| August 2024 | $1,861 |
| September 2024 | $1,852 |
| October 2024 | $1,853 |
| November 2024 | $1,810 |
| December 2024 | $1,816 |
| January 2025 | $1,854 |
| February 2025 | $1,885 |
| March 2025 | $1,942 |
| April 2025 | $1,993 |
| May 2025 | $2,025 |
| June 2025 | $2,040 |
| July 2025 | $1,984 |
| August 2025 | $1,900 |
| September 2025 | $1,894 |
| October 2025 | $1,885 |
| November 2025 | $1,810 |
| December 2025 | $1,820 |
| January 2026 | $1,842 |
| February 2026 | $1,868 |
| March 2026 | $1,942 |
| April 2026 | $2,004 |
| May 2026 | $1,984 |
| June 2026 | $2,068 |
| July 2026 | $2,016 |
Affordability calculator
Can I afford to live at 10905 Penwell Way?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 4-bedrooms monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
Schools near 10905 Penwell Way
Family Development Services, CAFE Head Start
8902 east 38th st
indianapolis, IN, 46226
PKPublic
George S. Buck Elementary School No. 94
2701 devon ave
indianapolis, IN, 46219
PK, K-6Public
C-
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
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Internet available near 10905 Penwell Way
Getting around Indianapolis near 10905 Penwell Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 10905 Penwell Way, Indianapolis
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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