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OFFER:

Pumpkin spice and everything nice - including our fall move-in specials! Lease now to take advantage of 1 Month FREE rent on select apartments, contact us today for more details! Top 25 in Online Reputation – 2 Years in a Row! Nolan Living has been recognized by J Turner Research as one of the Top 25 Management Companies for Online Reputation in Division IV—two years in a row!

modified
14 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly
  • Modern conveniences
  • Multiple floor plans available
  • Well-designed floor plans

Location

12415 Pennsylvania St, Carmel, IN 46032, USA
Hi! Let’s figure out if this property is right for you.

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Contact

Management

Nolan Living

Leasing office

(844) 325-6407 ext. 4144

Open 

Monday 9:00 am–6:00 pm ET

Property Overview

Penn Circle presents a compelling option for renters, highlighted by a robust Zumper Expert Rating of 8.3 out of 10, reflecting excellent value, competitive pricing, and a range of impressive amenities rated 10 out of 10. Its strategic location, rated 9 out of 10, offers unmatched convenience to local attractions and transportation. With modern conveniences, well-designed floor plans, and features that promote wellness and fitness, this property effectively caters to diverse lifestyle preferences while demonstrating transparency and reliability.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, Penn Circle is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Penn Circle 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
  • Elevator
  • Images Available

Great for

  • Wellness

Floor plans

A11 bed1 bath543 sqft$1,289–$1,576 /mo1 unit available
A31 bed1 bath788 sqft$1,408–$1,657 /mo1 unit availableMultiple floor plans available
A41 bed1 bath782 sqft$1,461–$1,775 /mo2 units available
A81 bed1 bath927 sqft$1,537–$1,872 /mo1 unit available
B52 bed2 bath1,095 sqft$1,599–$2,262 /mo4 units available
B32 bed2 bath1,108 sqft$1,649–$2,131 /mo1 unit available
B62 bed2 bath1,170 sqft$1,799–$2,340 /mo2 units available
B1G - Garage Included2 bed2 bath1,026 sqft$1,816–$2,274 /mo1 unit available

Let's explore this property.

Amenities for Penn Circle

Apartment Amenities

Air ConditioningGranite Kitchen Countertops
High CeilingHigh Ceilings
Luxury Vinyl Wood Plank FlooringPrivate Patio/Balcony

Appliances

Central A/CDishwasher
In-Unit LaundryWasher and Dryer

Building

Bike RoomBusiness Center
Cats OKClubhouse
Dogs OKElevator
Fitness CenterResidents Lounge

Grounds

Garage ParkingResort Style Swimming Pool
Swimming Pool

Services

On-Site MaintenanceOn-Site Management
Package ServicePlanned Monthly Resident Event

Other

In Select ApartmentsPreferred Employer Program
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

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Deposit

One-time. Refundable: 100%. Security Deposit.

Contact Property

Base Rent

Monthly rent payment.

$1,289–$2,340

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Cat

Pet Rent

Monthly. 2 cats max. | Restrictions: None.

Contact Property

Dog

Pet Rent

Monthly. 2 dogs max. | Restrictions: None.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units193
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About Penn Circle

HomeApartments in Carmel Penn Circle

Take Your Living Experience to New Heights Introducing Penn Circle Apartments, a tight-knit community where your well-being takes center stage. We are committed to offering you a refined renting experience, and our 4.5-star Google reviews are proof of that. It only takes a tour of our well-designed floor plans and peaceful leisure areas to convince yourself. But what’s a charming home without an address to match? Thankfully, you won’t have to find out, as we’re set in Carmel, Indiana, and our apartments are surrounded by major roads, modern conveniences, and everything in between. Keep reading to find out why we have a #1 ORA reputation!


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Penn Circle is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Penn Circle 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 Penn Circle
Price·10A 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.
Penn Circle offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A 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.
Penn Circle stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Penn Circle 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 Penn Circle 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.

Penn Circle is great for:

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • On-site pool or spa
  • HVAC systems available onsite

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 Penn Circle compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in Carmel

1-bedroom apartments here are priced 12% lower than 1-bedrooms in Carmel.

If you decide to upgrade your space, you can expect 2-bedrooms at Penn Circle to be 15% less than the average for similarly sized apartments in Carmel.

Median rents as of Nov 8 2025.
Carmel
A table of studio rental data trends in Carmel
MonthMedian Rent
November 2023$1,207
December 2023$1,260
January 2024$1,260
February 2024$1,410
March 2024$1,278
April 2024$1,320
May 2024$1,335
June 2024$1,385
July 2024$1,400
August 2024$1,357
September 2024$1,346
October 2024$1,320
November 2024$1,320
December 2024$1,320
January 2025$1,324
February 2025$1,310
March 2025$1,342
April 2025$1,430
May 2025$1,430
June 2025$1,427
July 2025$1,426
August 2025$1,430
September 2025$1,430
October 2025$1,430
November 2025$1,430

Affordability calculator

Can I afford to live at 12415 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

$57,380/yr

With your selected rent-to-income ratio, you'd ideally want to make $57,380 annually to afford this 1-bedroom median monthly rent price of $1,434.
For more information on rent affordability, visit our rent calculator.

Schools near Penn Circle

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Internet available near Penn Circle

Getting around Carmel near 12415 Pennsylvania St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 12415 Pennsylvania St, Carmel

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

4/10
Limited amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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