Zumper
modified
4 Days Ago

Highlights

  • Pet Friendly
  • Soaring ceilings
  • High-end appliances
  • Custom backsplashes
  • Durable wood plank flooring
  • Premium finishes
  • Lighted parking lot

Location

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

Management

William Management

Leasing office

(800) 706-0519

Property Overview

Residence on Penn offers a strong overall rental experience with a high amenities and location rating, supported by thoughtful details and a clear, trustworthy listing. Notable features include soaring ceilings, high-end appliances, custom backsplashes, durable wood plank flooring, premium finishes, and a lighted parking lot, while its appeal also extends to pet friendliness and work-from-home convenience. Nearby schools and 14 photos add practical value for renters considering the property.

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

Zumper Expert Rating

7.0
Very Good
Residence on Penn is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • Dishwasher

Great for

  • Work-from-home
  • Pet owners

Floor plans

Your Brand New Home Awaits!1 bed1 bath$1,405 /mo1 unit available

Let's explore this property.

Amenities for Residence on Penn

Apartment Amenities

Custom BacksplashNewly Renovated
Premium FinishesWater
Wood Plank Flooring

Appliances

DishwasherIn-Unit Laundry
MicrowaveOven
RangeRange/Oven
RefrigeratorStainless Steel Appliances
Washer and Dryer

Building

Cats OKDogs OK
Sewage

Services

High Speed Xfinity Internet
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

Level up your living situation at Residence on Penn — where style meets comfort and your setup finally has the space it deserves. Choose from brand-new Studio, One-, and Two-Bedroom apartments designed for modern living (and epic gaming sessions). Built inside a reimagined historic school, these apartments combine character with a sleek, upgraded aesthetic that feels like a serious upgrade from your current base. Inside your new home, you’ll find soaring ceilings (perfect for that immersive vibe), high-end appliances for quick fuel-ups, marbled countertops, custom backsplashes, and durable wood plank flooring that can handle everything from rolling chairs to late-night pacing. Modern closet systems keep your gear organized, while premium finishes give your space a clean, next-level look. There’s plenty of room to build your dream home. Outside your unit, you get practical perks too: a secured building with cameras and ButterflyMX entry (so only your party gets in), plus a lighted parking lot for easy late-night returns. Got a companion? Pets are welcome! Claim your brand-new, never-lived-in apartment at Residence on Penn 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.
7.0
/10
Very Good
Residence on Penn is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
How we rated Residence on Penn
Price·5A 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.
Monthly rent at Residence on Penn is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
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·7A 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.
Residence on Penn provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Residence on Penn is great for:

Work-from-home

  • High speed internet is an amenity
  • Quiet environment with little noise pollution
  • 1 office supply store within 1 mile

Pet owners

  • 2 pet grooming services nearby
  • 3 pet supply stores near the property
  • 1 pet hospital in the area

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

High school nearby
There is a high school 0.4 mile away
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

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.4 mile away

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Rent trends in Garfield Park

1-bedroom apartments at Residence on Penn cost about 62% more than the average rent price for 1-bedroom apartments in Garfield Park.

Median rents as of Jul 4 2026.
Garfield Park
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
July 2024$1,087
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$1,022
March 2026$1,011
April 2026$1,017
May 2026$1,007
June 2026$1,016
July 2026$1,059
A table of 1-bedroom apartment rental data trends in Garfield Park
MonthMedian Rent
July 2024$888
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
March 2026$765
April 2026$781
May 2026$797
June 2026$841
July 2026$865

Affordability calculator

Can I afford to live at 2801 S Pennsylvania St?

Bedrooms

1 bedroom

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

$56,200/yr

With your selected rent-to-income ratio, you'd ideally want to make $56,200 annually to afford this 1-bedroom monthly rent price of $1,405.
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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Internet available near Residence on Penn

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 supermarket within a 15-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

2/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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