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Penn Arts Apartments earns a strong overall impression with a 7.9 Zumper expert rating, supported by excellent scores for amenities and location plus solid value for the price. It offers spacious apartments, large master bedrooms, and conveniences like a fitness center, controlled access, on-site laundry, and dishwashers, while also standing out for nearby pet services and strong value per square foot.
Things you’ll love
High school nearbyElementary school nearbyMore spaceGreat for
Pet owners| Near Downtown Indianapolis | 1 bed | 2 bath | 962+ sqft | $1,200–$1,295 /mo | 4 units available |
Let's explore this property.
Appliances
| Dishwasher |
Building
| Cats OK | Controlled Access |
| Dogs OK | Fitness Center |
| Onsite Laundry |
Grounds
| Storage |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Year built | 1923 |
|---|---|
| Units | 4 |
SCHEDULE A SHOWING ONLINE AT: showmojo. com lz 5791333091 ---- 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 17% less than the average rent price for 1-bedroom apartments in Near Northside.
| Month | Median Rent |
|---|---|
| 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 | $892 |
| July 2026 | $871 |
| August 2026 | $888 |
| September 2026 | $930 |
| October 2026 | $949 |
| Month | Median Rent |
|---|---|
| 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 |
| April 2026 | $799 |
| May 2026 | $799 |
| June 2026 | $796 |
| July 2026 | $802 |
| August 2026 | $799 |
| September 2026 | $799 |
| October 2026 | $799 |
Can I afford to live at 111 E 16th St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$48,000/yr
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$1,450–$2,494
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Martindale - Brightwood • 3132 Dr Andrew J Brown Ave
Studio–2 Beds
$1,116–$2,237
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,099–$4,827
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Lafayette Square • 4301 Falcon Creek Blvd
1–3 Beds
$1,000–$1,800
Near Westside • 460 N White River Pkwy West Dr
Studio–2 Beds
$1,147–$1,802
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.8016 Louisville Dr
2–3 Beds
$1,210–$1,401
Eagledale • 3510 Kebil Dr
1–3 Beds
$925–$1,500
Broad Ripple • 950 E 64th St
1–2 Beds
$1,450–$2,494
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
