Monthly rent

$995

Beds

Baths

Sqft

962

Monthly rent	$995
Beds	1
Baths	2
Sqft	962

17 Hours Ago

Highlights

Pet Friendly

Location

111 E 16th St #205, Indianapolis, IN 46202, USA|Near Northside

Tour 111 E 16th St #205

Contact

Isaac

Indy Collective

(317) 207-4050

About 111 E 16th St #205

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 ****

Neighborhood

Near Northside

Zip code

46202

Type

Apartment for rent

Rent trends in Near Northside

1-bedroom apartments at 111 E 16th St #205 cost about 7% more than the average rent price for 1-bedroom apartments in Near Northside.

Median rents as of Jan 31 2026.

Near Northside

Indianapolis

A table of 1-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
February 2024	$986
March 2024	$1,104
April 2024	$1,129
May 2024	$1,132
June 2024	$1,076
July 2024	$1,081
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

A table of 1-bedroom apartment rental data trends in Near Northside
Month	Median Rent
February 2024	$969
March 2024	$1,160
April 2024	$1,188
May 2024	$1,202
June 2024	$1,240
July 2024	$1,131
August 2024	$1,146
September 2024	$1,090
October 2024	$1,162
November 2024	$1,212
December 2024	$1,392
January 2025	$1,399
February 2025	$1,394
March 2025	$1,216
April 2025	$977
May 2025	$1,079
June 2025	$1,339
July 2025	$1,593
August 2025	$1,595
September 2025	$1,498
October 2025	$1,482
November 2025	$1,389
December 2025	$1,263
January 2026	$1,010

Affordability calculator

Can I afford to live at 111 E 16th St #205?

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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.

For more information on rent affordability, visit our rent calculator.

Getting around Indianapolis near 111 E 16th St #205

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 #205, 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 #205

Kroger

524 E 16th St

Kroger

227 W Michigan St

Needler's Fresh Market

320 N New Jersey St

Market Square Tap Room

320 E Market St

Whole Foods Market

320 E Market St

Cats OK	Dogs OK
Onsite Laundry

111 E 16th St #205111 E 16th St #205, Indianapolis, IN 46202, USA

Highlights

Location

Tour 111 E 16th St #205

Contact

Amenities for 111 E 16th St #205, Near Northside

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About 111 E 16th St #205

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Schools near 111 E 16th St #205

Ips - Butler Lab at William Bell 60

Frederick Douglass School 19

Francis Bellamy Pre-School Center

Internet available near 111 E 16th St #205

Getting around Indianapolis near 111 E 16th St #205

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Cycling

Transit

Points of interest for 111 E 16th St #205, Indianapolis

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

Explore the area around 111 E 16th St #205

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111 E 16th St #205
111 E 16th St #205, Indianapolis, IN 46202, USA