Alert me when this rental is available.
5+ Days Ago
Highlights
Pet Friendly
Location
530 Massachusetts Ave, Indianapolis, IN 46204, USA|Downtown Indianapolis
Nearby rentals
Renter hub
Property management
Apartments for rent IndianapolisApartments for rent GreenwoodApartments for rent NoblesvilleApartments for rent Snacks - Guion CreekApartments for rent BrownsburgApartments for rent Chapel Hill - Ben DavisApartments for rent FishersApartments for rent Valley MillsApartments for rent McCordsvilleApartments for rent CambyApartments for rent WestfieldApartments for rent Five PointsApartments for rent GreenfieldApartments for rent EagledaleApartments for rent I69-Fall CreekApartments Near Me
Houses for rent IndianapolisHouses for rent Near EastsideHouses for rent CumberlandHouses for rent CumberlandHouses for rent FishersHouses for rent Downtown IndianapolisHouses for rent Near SoutheastHouses for rent Martindale - BrightwoodHouses for rent Near SouthsideHouses for rent Near Northwest - RiversideHouses for rent GreenwoodHouses for rent WestfieldHouses for rent CarmelHouses for rent AvonHouses for rent ZionsvilleHouses for rent near me
Floor plans
| Studio B Courtyard (shower/no balc/cy) | Studio | 1 bath | 505 sqft | |||
| Studio A NJ/North Street (tub/no balc) | Studio | 1 bath | 584 sqft | |||
| Studio Loft A Mass Ave Curtain Wall (shower/balc/mass) | Studio | 1 bath | 592 sqft | |||
| 1BR/1B J Courtyard Balcony + Den (shower/balc) | 1 bed | 1 bath | 879 sqft | |||
| 1BR/1B A Courtyard Balcony (tub/island/balc) | 1 bed | 1 bath | 842 sqft | |||
| 1BR/1B C NJ/North St Balcony (shower/island/balc) | 1 bed | 1 bath | 798 sqft | |||
| 2BR/2B D North St/Mass Corner Curtain (balc/corner) | 2 bed | 2 bath | 1,465 sqft | |||
| 2BR/2B B NJ/North St. Balcony (tubs/island/balc) | 2 bed | 2 bath | 1,188 sqft | |||
| 2BR/2B F Mass Ave Curtain Wall (tubs/balc/mass) | 2 bed | 2 bath | 1,182 sqft | |||
| 2BR LOFT D (balc/corner/mass) | 2 bed | 2 bath | 1,725 sqft |
Amenities for Penrose On Mass
Apartment Amenities
| Internet Access |
Building
| Bike Storage | Business Center |
| Cats OK | Clubhouse |
| Coffee Bar | Conference Room |
| Dogs OK | Elevator |
| Fitness Center | Gym |
| Key Fob Access | Residents Lounge |
Grounds
| BBQ Grill | Bocce Court |
| Courtyard | Garage Parking |
| Hot Tub | Outdoor Space |
| Pool Table | Putting Green |
| Smoke Free Community | Storage |
| Swimming Pool |
Services
| 24 Hour Maintenance | Car Charging |
| Online Portal | Package Service |
| Trash Valet |
Other
| Credit Card Payments |
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
Application Fee
One-time. Agent application fee.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
OPTIONAL FEES
Parking Policy
Garage Parking
Cats Policy
Allowed
Limit2
Dogs Policy
Allowed
Limit2
Cats
Pet Rent
Monthly. 2 catses max.
$25
Pet Fee
One-time fee per pet.
$250
Dogs
Pet Rent
Monthly. 2 dogses max. Weight limit 30 lbs for second and third floor.
$25
Pet Fee
One-time fee per pet.
$250
Building details
Property details
| Lease terms | 12 months |
|---|
Advertisement
About Penrose On Mass
A couple amenities for this apartment building include but are not limited to: storage and business center. Located at 530 Massachusetts Ave, Indianapolis, IN 46204, USA, Penrose On Mass has studio — 2 bedroom units available.Other apartment buildings in or around Indianapolis include but are not limited to: 1545 Main St, 6311 E Westfield Blvd, 5140 Emerson Village Pl, 2910 White Knight Blvd
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Advertisement
Available rentals nearby
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio–2 Beds
$995–$2,120
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
Studio–2 Beds
$897–$2,103
The Courts Apartment Homes
Our team has verified this companyNear Eastside • 4417 Linwood Ct
1–2 Beds
$839–$909
Riverview
Our team has verified this companyNear Westside • 460 N White River Pkwy West Dr
Studio–2 Beds
$1,195–$1,750
The Grounds
Our team has verified this companyNear Northside • 2136 Central Ave
Studio–2 Beds
$1,299–$2,262
The Riverside Apartment Homes
Our team has verified this companyMarian - Cold Springs • 2638 Cold Spring Manor Dr
2 Beds
$1,119–$1,279
The Fields Apartment Homes
Our team has verified this companyEagledale • 3215 N Alton Ave
1–2 Beds
$819–$1,099
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio–2 Beds
$995–$2,120
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
Studio–2 Beds
$897–$2,103
The Courts Apartment Homes
Our team has verified this companyNear Eastside • 4417 Linwood Ct
1–2 Beds
$839–$909
Riverview
Our team has verified this companyNear Westside • 460 N White River Pkwy West Dr
Studio–2 Beds
$1,195–$1,750
The Grounds
Our team has verified this companyNear Northside • 2136 Central Ave
Studio–2 Beds
$1,299–$2,262
The Riverside Apartment Homes
Our team has verified this companyMarian - Cold Springs • 2638 Cold Spring Manor Dr
2 Beds
$1,119–$1,279
The Fields Apartment Homes
Our team has verified this companyEagledale • 3215 N Alton Ave
1–2 Beds
$819–$1,099
Rent trends in Downtown Indianapolis
Median rents as of Mar 28 2026.
Downtown Indianapolis
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,080 |
| May 2024 | $1,117 |
| June 2024 | $1,171 |
| July 2024 | $1,091 |
| August 2024 | $1,047 |
| September 2024 | $1,090 |
| October 2024 | $1,131 |
| November 2024 | $1,126 |
| December 2024 | $1,105 |
| January 2025 | $1,194 |
| February 2025 | $1,191 |
| March 2025 | $1,151 |
| April 2025 | $1,121 |
| May 2025 | $1,139 |
| June 2025 | $1,158 |
| July 2025 | $1,185 |
| August 2025 | $1,178 |
| September 2025 | $1,065 |
| October 2025 | $1,063 |
| November 2025 | $1,048 |
| December 2025 | $1,029 |
| January 2026 | $1,039 |
| February 2026 | $1,034 |
| March 2026 | $1,004 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,319 |
| May 2024 | $1,309 |
| June 2024 | $1,335 |
| July 2024 | $1,350 |
| August 2024 | $1,361 |
| September 2024 | $1,359 |
| October 2024 | $1,327 |
| November 2024 | $1,338 |
| December 2024 | $1,332 |
| January 2025 | $1,349 |
| February 2025 | $1,352 |
| March 2025 | $1,376 |
| April 2025 | $1,553 |
| May 2025 | $1,707 |
| June 2025 | $1,456 |
| July 2025 | $1,477 |
| August 2025 | $1,450 |
| September 2025 | $1,413 |
| October 2025 | $1,414 |
| November 2025 | $1,425 |
| December 2025 | $1,424 |
| January 2026 | $1,502 |
| February 2026 | $1,519 |
| March 2026 | $1,507 |
Schools near Penrose On Mass
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
Impact Academy 2
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Advertisement
Internet available near Penrose On Mass
Getting around Indianapolis near 530 Massachusetts Ave
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 530 Massachusetts Ave, Indianapolis
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 530 Massachusetts Ave
Needler's Fresh Market
320 N New Jersey St
Market Square Tap Room
320 E Market St
Whole Foods Market
320 E Market St
Indianapolis City Market
222 E Market St
Kroger
227 W Michigan St
Sage Boutique
431 Massachusetts Ave
Zagwest
421 Massachusetts Ave
Toolbox Men's Supply Company
750 N College Ave
Stout's Factory Shoe Store Co Inc
318 Massachusetts Ave
Kathyrn's Bridal Bar
740 E North St
Coat Check Coffee
401 E Michigan St
Latea Bubble Tea Lounge
530 Massachusetts Ave
Henrys on East
627 N East St
Starbucks
430 Massachusetts Ave
Kaffeine Coffee
707 Fulton St
Wiseguy Lounge
545 Massachusetts Ave
Condado Tacos
530 Massachusetts Ave
Rocket Epicurean Ventures
534 E North St
Downtown Dinner Theater
510 N New Jersey St
Union 50
620 N East St
The Flying Cupcake
423 Massachusetts Ave
Rise'n Roll Bakery-Downtown Indy
107 E New York St
Please & Thank You
849 Massachusetts Ave
Indianapolis City Market
222 E Market St
Just Cookies
222 E Market St
Veterans Memorial Park
Indiana War Memorial
University Park
American Legion Mall
Monument Circle
Fat Dan's
410 E Michigan St
Salt on Mass
505 Massachusetts Ave
Goodfellas Pizzeria-Mass Ave
545 Massachusetts Ave
Millikan on Mass
551 Massachusetts Ave
Kilwins
530 Massachusetts Ave
East St / Michigan St
East 16th St, East 21st St
Michigan St / East St
Michigan Street
East St / Vermont St
East 16th St, East 21st St
Massachusetts Ave / East St
East 16th St, East 21st St
Alabama St / Michigan St
West 38th St, 10th Street, Castleton, East 25th St, East 34th St, Fort Harrison
Notify me