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Penn Arts Apartments offers an overall strong performance with an expert rating of 8/10, reflecting its competitive pricing and excellent amenities, such as a fitness center, on-site laundry, and off-street parking. The property's location is rated 9/10, providing great access to schools and nearby entertainment options, while its transparency and trustworthiness further enhance its appeal. Additionally, it fosters a vibrant community atmosphere with ample social and pet-friendly resources, making it an attractive choice for prospective renters.
Things you’ll love
Elementary school nearbyHigh school nearbyMore spaceGreat for
Social life
Pet owners| Near Downtown Indianapolis | 1 bed | 2 bath | 962 sqft | $1,125 /mo | 1 unit available |
Let's explore this property.
Appliances
| Dishwasher |
Building
| Cats OK | Controlled Access |
| Dogs OK | Fitness Center |
| Onsite Laundry |
Grounds
| Storage |
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 1 |
|---|
SCHEDULE A SHOWING ONLINE AT: showmojo. com lz 7d2388d017 ---- 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 the convenience of our immersive 3D Virtual Tour. Contact Us Today: 317-489-9760 **** Virtual Tour Link: https my matterport com show ?m=T7v9PdWtigQ&
Showing 6 highest rated
I lived here a couple years back and really enjoyed it. Never had any issues living there. It’s an old building with charm. I really enjoyed the convenience of being near everything. It’s a great neighborhood. By far my favorite place I have lived.
B P
Jan 31, 2024
Don’t be fooled by the looks of this apartment. 90% of the windows will be painted shut, and don’t have screens. The plumbing is so old that no matter how clean you are, you’ll always seem to have slow drainage (showers in calf deep water everyday). Heat is controlled by a boiler that is constantly under repair (had 3 winters here with inconsistent heat). The hot water also is constantly under repair, leaving residents with cold water, or no water constantly. There are no background checks or references needed during application process so the people are…..there’s a lot of theft and vandalism. During the warm months you’ll have a gnat infestation, every year, they’re in the pipes and management doesn’t care. Have maintenance requests from year 1 that still haven’t been answered. Will be moving asap.
m Frank
Feb 15, 2024
We’re sharing just 6 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How Penn Arts Apartments compares to other nearby properties.
Positives
1-bedroom apartments at Penn Arts Apartments cost about 24% less than the average rent price for 1-bedroom apartments in Near Northside.
| Month | Median Rent |
|---|---|
| November 2023 | $1,024 |
| December 2023 | $972 |
| January 2024 | $900 |
| February 2024 | $908 |
| 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 | $1,066 |
| Month | Median Rent |
|---|---|
| November 2023 | $733 |
| December 2023 | $705 |
| January 2024 | $690 |
| February 2024 | $725 |
| March 2024 | $943 |
| 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 | $972 |
Can I afford to live at 111 E 16th St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$45,000/yr
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indianapolis, IN, 46205
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St. Vincent - Greenbriar • 1854 Century Way
1–2 Beds
$1,059–$1,450
Castleton • 8850 River Bend Pkwy
1–2 Beds
$974–$1,539
Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
Studio–1 Bed
$1,049–$1,620
Broad Ripple • 6220 Guilford Ave
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$1,269–$1,841
Castleton • 8525 Laurel Valley Dr
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$1,073–$2,348
