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5+ Days Ago

Highlights

  • Pet Friendly
  • Spacious apartments
  • Fitness center
  • Controlled access
  • On-site laundry
  • Dishwashers
  • Large master bedrooms

Location

111 E 16th St, Indianapolis, IN 46202, USA|Near Northside
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Property Overview

Penn Arts Apartments offers spacious living with a diverse array of amenities, including a fitness center and on-site laundry. With a Zumper expert rating of 7.9 and high scores for both price and location at 8 and 9, it strikes an attractive balance of affordability and quality. The property is well-situated for social engagement and pet ownership, providing easy access to local attractions, transport, schools, and recreational spaces, further enhancing its appeal.

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

Things you’ll love

  • Images Available
  • Laundry available on site

Great for

  • Social life

Floor plans

Near Downtown Indianapolis1 bed2 bath1,027 sqft
Near Downtown Indianapolis2 bed2 bath1,017 sqftcom lz b5967ed085 ---- Welcome to Penn Arts Apartments, located in the vibrant, historic Old Northside neighborhood. This walkable area offers fantastic dining, including an on-site coffee shop and ice cream shop, with a sushi spot and barber just across the street. Inside, the apartments are exceptionally spacious, featuring abundant natural light, full-size kitchens with dishwashers, large master bedrooms, and two bathrooms—ideal for guests. Building amenities include on-site laundry, off-street parking, secured bike storage, controlled access, and a fitness center. Experience generous space, modern convenience, and a lively community at Penn Arts Apartments. Contact our office today to arrange a personalized tour, or indulge in our immersive 3D Virtual Tour. Contact Us Today: 317-489-9760 **** Virtual Tour Link: https my matterport com show ?m=jaHxnEzZhBu&

Available rentals nearby

featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

1–2 Beds

$1,299–$2,262

featured image of 460 N White River Pkwy West Dr

Riverview

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Near Westside • 460 N White River Pkwy West Dr

1–2 Beds

$1,319–$2,279

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The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

1–2 Beds

$1,529–$2,100

featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

1–2 Beds

$1,395–$3,835

featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1–2 Beds

$1,001–$1,739

featured image of 2638 Cold Spring Manor Dr

The Riverside Apartment Homes

Our team has verified this company

Marian - Cold Springs • 2638 Cold Spring Manor Dr

2 Beds

$1,009–$1,279

featured image of 3132 Dr Andrew J Brown Ave

3132 Dr. Andrew J Brown

Our team has verified this company

Martindale - Brightwood • 3132 Dr Andrew J Brown Ave

1–2 Beds

$1,884–$2,455

featured image of 335 W 9th St

335 W 9th St

Our team has verified this company

Downtown Indianapolis • 335 W 9th St

1–2 Beds

$1,696–$2,481

featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

1–2 Beds

$1,299–$2,262

featured image of 460 N White River Pkwy West Dr

Riverview

Our team has verified this company

Near Westside • 460 N White River Pkwy West Dr

1–2 Beds

$1,319–$2,279

featured image of 3200 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

1–2 Beds

$1,529–$2,100

featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

1–2 Beds

$1,395–$3,835

featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1–2 Beds

$1,001–$1,739

featured image of 2638 Cold Spring Manor Dr

The Riverside Apartment Homes

Our team has verified this company

Marian - Cold Springs • 2638 Cold Spring Manor Dr

2 Beds

$1,009–$1,279

featured image of 3132 Dr Andrew J Brown Ave

3132 Dr. Andrew J Brown

Our team has verified this company

Martindale - Brightwood • 3132 Dr Andrew J Brown Ave

1–2 Beds

$1,884–$2,455

featured image of 335 W 9th St

335 W 9th St

Our team has verified this company

Downtown Indianapolis • 335 W 9th St

1–2 Beds

$1,696–$2,481

Rent trends in Near Northside

Median rents as of Mar 14 2026.
Near Northside
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
March 2024$1,040
April 2024$1,074
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
A table of studio rental data trends in Near Northside
MonthMedian Rent
March 2024$950
April 2024$935
May 2024$955
June 2024$795
July 2024$854
August 2024$855
September 2024$831
October 2024$850
November 2024$859
December 2024$901
January 2025$917
February 2025$948
March 2025$957
April 2025$825
May 2025$849
June 2025$977
July 2025$1,103
August 2025$958
September 2025$1,309
October 2025$957
November 2025$907
December 2025$841
January 2026$806
February 2026$867
March 2026$799

Schools near Penn Arts Apartments

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 3

320 n tibbs ave

indianapolis, IN, 46222

K-12Public

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D
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Internet available near Penn Arts Apartments

Getting around Indianapolis near 111 E 16th St

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 111 E 16th St, Indianapolis

Groceries

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

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

10/10
At least one high school within a 5-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 111 E 16th St

Kroger
524 E 16th St
Kroger
227 W Michigan St
Needler's Fresh Market
320 N New Jersey St
Indianapolis City Market
222 E Market St
Market Square Tap Room
320 E Market St

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