Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • In-unit washer & dryer
  • Brand new apartment
  • Pet-friendly
  • High ceilings
  • Lighted parking lot

Location

2801 S Pennsylvania St, Indianapolis, IN 46225, USA|Garfield Park
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Contact

Management

William Management

Leasing office

(463) 231-3671 ext. 2

Property Overview

Residence on Penn is highly rated with an overall score of 8.3 out of 10, reflecting strong value and quality. It features a competitive pricing strategy and excels in amenities and location, both rated at 9 out of 10. Noteworthy features include in-unit laundry, high ceilings, and a pet-friendly environment, complemented by an impressive collection of property photos and transparency in its presentation.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Residence on Penn is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Residence on Penn has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • More space
  • High school nearby

Floor plans

0BR/1.0BAStudio1 bath497 sqft$1,199 /mo1 unit available
1BR/1.0BA1 bed1 bath650+ sqft$1,299–$1,499 /mo3 units available
2BR/1.0BA2 bed1 bath735 sqft$1,599 /mo1 unit available

Let's explore this property.

Amenities for Residence on Penn

Building

Cats OKDogs OK
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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units17
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About Residence on Penn

HomeApartments in IndianapolisGarfield Park 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. All applicants 18+ must pass a credit and background check — no exceptions. Secure your spot in this modern, comfortable space today!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Residence on Penn is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Residence on Penn has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Residence on Penn
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Residence on Penn stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Residence on Penn goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Residence on Penn receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Residence on Penn is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Residence on Penn does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 Residence on Penn compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
More space
The 1-bedroom is 150 sqft larger than other listings nearby
High school nearby
There is a high school 0.4 mile away
Images Available
There are at least 10 photos of this address

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Rent trends in Garfield Park

1-bedroom apartments here are priced 62% higher than 1-bedrooms in Garfield Park.

If you decide to upgrade your space, you can expect 2-bedrooms at Residence on Penn to be 46% more than the average for similarly sized apartments in Garfield Park.

Median rents as of Feb 14 2026.
Garfield Park
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
March 2024$1,104
April 2024$1,129
May 2024$1,132
June 2024$1,076
July 2024$1,081
August 2024$1,126
September 2024$1,123
October 2024$1,143
November 2024$1,126
December 2024$1,125
January 2025$1,152
February 2025$1,150
March 2025$1,087
April 2025$1,024
May 2025$1,087
June 2025$1,098
July 2025$1,090
August 2025$1,097
September 2025$1,105
October 2025$1,080
November 2025$1,046
December 2025$1,048
January 2026$1,017
February 2026$1,019
A table of 1-bedroom apartment rental data trends in Garfield Park
MonthMedian Rent
March 2024$886
April 2024$999
May 2024$949
June 2024$949
July 2024$918
August 2024$808
September 2024$704
October 2024$703
November 2024$696
December 2024$985
January 2025$1,299
February 2025$1,299
March 2025$1,128
April 2025$795
May 2025$701
June 2025$720
July 2025$786
August 2025$735
September 2025$625
October 2025$765
November 2025$800

Affordability calculator

Can I afford to live at 2801 S Pennsylvania St?

Bedrooms

Rent-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

$47,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $47,960 annually to afford this studio monthly rent price of $1,199.
For more information on rent affordability, visit our rent calculator.

Schools near Residence on Penn

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

Daniel Webster School No. 346

1450 s reisner

indianapolis, IN, 46221

PK, K-8Public
C

Rise Learning Center

5391 s shelby st

indianapolis, IN, 46227

PK, K-12Public

Family Development Services - Southeast Head Start

4024 south madison ave

indianapolis, IN, 46227

PKPublic

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D
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Neighborhood

Garfield Park | Indianapolis, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 2801 S Pennsylvania St

Walking

4/10
Some shops and stores are within a few minutes.

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

3/10
There are a few mass transit options within the area.

Points of interest for 2801 S Pennsylvania St, Indianapolis

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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