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Property highlights
Experience the iconic allure of Penn Street Tower, a historic gem in Downtown Indianapolis. Residents delight in the unbeatable location near Monument Circle, providing seamless access to vibrant dining, shopping, and entertainment options. The luxurious apartments showcase contemporary design with high-quality finishes such as granite countertops and stainless steel appliances, offering a perfect blend of style and comfort. The property’s amenities, including a state-of-the-art gym and spacious community center, foster an active and connected lifestyle. Tenants appreciate the attentive management, ensuring a delightful living experience. With its welcoming atmosphere and premium features, Penn Street Tower is a standout choice for those seeking downtown elegance.
- 8 units available
- 1 Bed • 2 Beds
- Location
- 115 North Pennsylvania Avenue, Indianapolis IN 46204, Downtown Indianapolis
- Amenities
- In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
- Price range
- $1,272 - $1,543 per month
- Commute
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Price and Availability
Penn Street Tower apartments start at $1,272/month. There are 8 available apartments priced from $1,272 to $1,543. Prices were last verified by Penn Street Tower
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Unit 303
Avail. now
$1,272
$1,261
Unit 702
Avail. now
$1,273
$1,261
Unit 204
Avail. now
$1,291
$1,279
Unit 1105
Avail. now
$1,382
$1,369
Unit 1404
Avail. May 10
$1,399
Unit 901
Avail. now
$1,412
$1,399
Unit 801
Avail. May 10
$1,429
Unit 1106
Avail. now
$1,543
$1,529
There aren't any 3 bedrooms available. Turn on alerts to be notified once there are.
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Location
Amenities
- In Unit Laundry
- Granite Counters
- Hardwood Floors
- Dishwasher
- Pet Friendly
- 24hr Maintenance
Unit Amenities
- Air Conditioning
- Carpet
- Dishwasher
- Garbage Disposal
- In Unit Laundry
- Microwave
- Oven
- Range
- Refrigerator
- Stainless Steel
- Granite Counters
- Walk In Closets
- Bathtub
- W/D Hookup
- Hardwood Floors
- Ice Maker
- Recently Renovated
Property Amenities
- Clubhouse
- Elevator
- 24hr Gym
- 24hr Maintenance
- Bike Storage
- Internet Access
- Online Portal
- Cats Allowed
- Dogs Allowed
- Pet Friendly
- Conference Room
- E-Payments
- Accepts Section 8
- Smoke-Free Community
- Lobby
- Accessible
- Media Room
- Business Center
- Coffee Bar
- On-Site Laundry
- CC Payments
- Key Fob Access
- Package Receiving
Standing a block away from Indy's Monument Circle for over a century, Penn Street Tower offers an unbeatable location. Originally built as the "Lemcke Annex", the 15-story tower has housed many occupants over the years, but today features 98 high-end 1 & 2 bedroom apartments.
Verified reviews
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Property Details (Fees & Lease)
Please note leases shorter than 12 months often have extra fees.
Must have 3x the rent in total household income (before taxes)
- Pets allowed
- Cats, dogs
- deposit
- $0.00
- rent
- $25 per pet
- limit
- 2
- fee
- one-time fee of $150
Explore the Area
- Urban Market0.1 mi
- Whole Foods Market0.2 mi
- Gemma & Karimi, LLP0.2 mi
- Needler's Fresh Market0.3 mi
- Kroger0.5 mi
- Cups Coffee0.1 mi
- Winner's Circle0.1 mi
- Jimmy John's0.1 mi
- Giorgio's Pizza0.1 mi
- Small Batch Soups by Soupremacy0.1 mi
- Ohio and Pennsylvania IB0.1 mi
- Market St & Delaware St0.1 mi
- Ohio and Meridian OB0.1 mi
- FlixBus Indianapolis0.2 mi
- Transit Center-G0.2 mi
- Post-Aire Airport7.7 mi
- Indianapolis International Airport8.5 mi
- Eagle Creek Airpark8.5 mi
- Greenwood Municipal Airport10.4 mi
- Newby Landing Airport11.4 mi
- 0.7 miCenter for Inquiry School 2 — Public, K-8, 430 students, 0.7 miles away,GreatSchools rating 6 out of 10.
- GreatSchools rating 1 out of 10.1 /10Public9-12713 Students1.2 miCrispus Attucks Medical Magnet High School (9-12) — Public, 9-12, 713 students, 1.2 miles away,GreatSchools rating 1 out of 10.
- 1.3 miArsenal Technical High School — Public, 9-12, 1,965 students, 1.3 miles away,GreatSchools rating 1 out of 10.
- 1.4 miHerron High School — Charter, 9-12, 861 students, 1.4 miles away,GreatSchools rating 10 out of 10.
- GreatSchools rating 6 out of 10.6 /10CharterK-7276 Students1.4 miGeorge and Veronica Phalen Leadership Academy — Charter, K-7, 276 students, 1.4 miles away,GreatSchools rating 6 out of 10.
- Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
- Monument Circle0.1 mi
- Spark on the Circle0.1 mi
- Richard G. Lugar Plaza0.2 mi
- University Park0.2 mi
- Presidential Place Park0.2 mi
- Hilbert Circle Theater0.1 mi
- Hilbert Circle Theater0.1 mi
- Monument Circle0.1 mi
- Indy Bike Hub YMCA0.2 mi
- Dorothy Everett Professional Library0.2 mi
- Three Dog Bakery0.4 mi
- City Way Animal Clinic Mass Ave0.6 mi
- Downtown Doggie0.8 mi
- Old School Dog Park0.9 mi
- The Dog Park at Immanuel1.1 mi
Getting Around
Walk & Transit Scores
Walk Score: 99 — Walker's Paradise, everything you need just steps away.Transit Score: 66 — Offers reasonable public transit options nearby.Public Transit Access
The Downtown Indianapolis area benefits from access to public transit options, such as 25 nearby routes: 25 bus, 0 rail, 0 otherNearby public transit stops include:
- Ohio and Pennsylvania IB (~0.07 mi)
- Market St & Delaware St (~0.09 mi)
- Ohio and Meridian OB (~0.1 mi)
- FlixBus Indianapolis (~0.17 mi)
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Frequently Asked Questions (FAQs)
Penn Street Tower has 8 units available starting at $1,272 per month. Check out the Price and Availability section for the most up-to-date unit information.
In Indianapolis, IN, the average rent is $1,177 for a studio, $1,276 for a 1-bedroom, $1,478 for a 2-bedroom, and $1,818 for a 3-bedroom. For more information on rental trends in Indianapolis, IN, check out our monthly Indianapolis, IN Rent Report.
Some of Penn Street Tower's amenities include in unit laundry, granite counters, and hardwood floors. To see the other amenities this property offers, check out the Amenities section.
Penn Street Tower is offering the following rent specials: Move into a One Bedroom Apartment by 4/30/26 and receive $1,200 off the first full month's rent
Yes, Penn Street Tower is pet-friendly.
No, Penn Street Tower does not offer parking.
Yes, Penn Street Tower offers units with in unit laundry.
No, Penn Street Tower does not have a pool.
Yes, Penn Street Tower has accessible units.
Yes, Penn Street Tower has units with dishwashers.