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421 North Pennsylvania Street combines a strong overall rating with top scores for amenities, location, and quality, plus a high trustworthiness rating that suggests a well-described rental option. It also offers standout features like a modern kitchen, free parking, a community workspace, a rooftop pool, BBQ areas, and in-unit laundry, along with many photos and proximity to a top-rated middle school.
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Pet owners| Studio | Studio | 1 bath | 495 sqft | $3,486 /mo | Feel at home in this condo located in a high-rise in downtown Indianapolis. This 2-bedroom apartment is designed for high-quality convenience and comfort. This apartment is thoughtfully appointed to meet the needs of short-term and extended-stay guests and features a modern, fully equipped kitchen, in-unit washer and dryer, and high-speed Wi-Fi. Enjoy downtown views from floor-to-ceiling windows with built-in blinds and stream your favorite shows on the smart TV. Unrivaled amenities include a rooftop pool, executive lounge with a pool table, gym, free espresso, and BBQ. Pet cleaning fees are $25 per pet per night for short stays, a flat $200 fee per pet for 8–28 nights, and a flat $300 fee per pet for 29+ nights. Early check-in at 2 pm is available for $25 or at 12 pm for $50, subject to approval. Late check-out at 12 pm is available for $25, subject to approval. The garage has an 8'2" clearance. With a walk score of 97/100, this centrally located apartment is steps away from Lucas Oil Stadium, Gainbridge Fieldhouse, the Indiana Convention Center, and Mass Ave. The Children’s Museum of Indianapolis is 3.6 miles away, and the Indianapolis Zoo is 2.3 miles away. Smoking will result in a $500 fine. Absolutely no parties are allowed; violations will result in a $1,000 fine and immediate eviction with no refund. Noise curfew is from 10 pm to 7 am on weekdays and 10 pm to 8 am on weekends; penalties for violation are a complimentary warning for the first offense, a $100 fine for the second, and immediate eviction with no refund for the third. This is a residential building; staff is for tenants, not short-term guests. For questions or concerns, contact the host directly and only approach building staff/security in case of an emergency. No entry for unregistered guests or those not on the reservation. Guests must be 21+ to book a reservation, and no locals (zip codes starting with "46") are allowed unless a business/medical exemption is provided and approved. Pet Rules Policy: Pet weight limit: 35 lbs. No Pitbulls All pets must be housetrained Pets must not be left alone in the apartment by themselves Unregistered pet fee: $100 per pet or variation to achieve up to $200 |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Heat |
| Furnished | Hanger |
| Has View | Kettle |
| Linen Towel | Private Entrance |
| Shampoo | Toaster |
| TV |
Appliances
| Coffee Machine | Dishwasher |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| WiFi |
Building
| Cats OK | Dogs OK |
| Elevator | Smoke Detector |
Grounds
| Assigned Parking | Outdoor Shared Pool |
| Swimming Pool |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 1–12 months |
|---|
The advertised rate of $3,486/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 14, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this modern high-rise condo in the heart of Downtown Indianapolis, featuring floor-to-ceiling windows and luxury amenities. This stylish designer condo offers a studio-style layout with a privacy curtain, designed to feel like a one-bedroom for added comfort. The fully equipped modern kitchen is perfect for preparing meals, and you can enjoy stunning downtown views through the floor-to-ceiling windows. For a restful night's sleep, there's a memory foam king bed, and a queen sleeper sofa provides additional sleeping space. High-speed Wi-Fi is available for staying connected, and a Smart TV is provided for your entertainment. The convenience of an in-unit washer and dryer is also included. Enjoy access to premium building amenities including a heated rooftop pool, a rooftop lounge and grill area, and a fully equipped fitness center. The executive resident lounge offers free espresso, a pool table, foosball, a bar area, and comfortable co-working spaces. A contactless snack shop provides quick access to snacks and essentials. High-speed elevators ensure fast and convenient access throughout the building. 24/7 guest assistance and contactless entry are provided. Pet cleaning fees apply: $25 per day for 1-7 nights, $200 flat fee per pet for 8-28 nights, and $300 flat fee per pet for 30+ nights. Early check-in or late check-out may be available for an additional fee. Located in one of Indianapolis' most sought-after high-rise buildings, this condo is in the vibrant center of the city. It's within walking distance or a short drive to many popular attractions, including Lucas Oil Stadium (1 mile), Gainbridge Fieldhouse (0.5 miles), Victory Field (1.3 miles), and the Indianapolis Motor Speedway (5.5 miles). Cultural institutions like the Indiana State Museum (1.3 miles) and Eiteljorg Museum (1.2 miles) are nearby, as are performing arts venues such as the Indiana Repertory Theatre (0.4 miles). Enjoy the lively atmosphere with Massachusetts Avenue (Mass Ave) just a 6-minute walk away. This is a residential building, and noise curfew is observed from 10 PM–7 AM on weekdays and 10 PM–8 AM on weekends, with penalties for violations. Smoking will result in a $500 fine. Absolutely no parties are allowed, and violations will result in a $1,000 fine and immediate eviction. Unregistered pets are subject to a $100 fee. Minut Noise Detectors are located in the apartment, and surveillance cameras monitor common areas. Guests must be 21+ to book. Locals with zip codes starting with '46' are not permitted unless a business/medical exemption is provided and approved by the host. Guests are required to complete an online check-in form, providing personal information, a government-issued ID, and a selfie for verification. All dirty dishes and cookware must be loaded and the dishwasher started before checkout. Food waste should be disposed of in the garbage, not the sink disposal. All trash must be placed in the trash can or disposed of in the trash shoot. The community workspace and executive resident lounge provide comf..
How 421 North Pennsylvania Street compares to other nearby properties.
Positives
Considerations
studio apartments at 421 North Pennsylvania Street cost about 129% more than the average rent price for studio apartments in Downtown Indianapolis.
| Month | Median Rent |
|---|---|
| June 2024 | $1,188 |
| 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 |
| April 2026 | $955 |
| May 2026 | $951 |
| June 2026 | $947 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,354 |
| 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 |
| April 2026 | $1,467 |
| May 2026 | $1,507 |
| June 2026 | $1,524 |
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I65-South Emerson • 6810 Valley Ridge Dr
1–2 Beds
$1,135–$4,413
Near Northside • 2136 Central Ave
Studio–2 Beds
$1,299–$2,468
Downtown Indianapolis • 335 W 9th St
Studio–2 Beds
$1,725–$2,659
Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
1–2 Beds
$2,100–$2,600
Downtown Indianapolis • 421 E Market St
2 Beds
$3,494
Downtown Indianapolis • 50 N Illinois St
1–2 Beds
$2,388–$2,924
Broad Ripple • 6765 Riverview Dr
2 Beds
$3,892
1443 Prospect St
1 Bed
$4,100
