Penn Street Tower

📍 115 North Pennsylvania Avenue, Indianapolis, IN 46204

📋 Property Overview

Penn Street Tower, in Downtown Indianapolis, Indianapolis, Indiana, has 1 bd, 1 ba. The floor plan measures 697 sq ft. Monthly rent ranges $915-$1,195. Features in the home include stainless steel, in unit laundry, recently renovated and microwave. Shared amenities include smoke-free community, business center, pet friendly and on-site laundry. Pets are allowed (dogs and cats), with pet rent of $25 per pet. The standard lease term is 12 months. Availability: Available now. Included in the rent: trash. The Walk Score here is 99, meaning most errands can be done on foot. Transit Score is 66. That is 32% below the local median of $1,350.

🚶 Getting Around

• Walk Score99/100

  Walker's Paradise

• Transit Score66/100

  Good Transit

💵 Costs & Lease

Deposit

$160

Lease length

12 months

Units available

8 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• Wabash: Floors 08-091 bd · 1 ba · 788 sq ftNone available right now
• Maryland: Floors 06-072 bd · 1 ba · 1,023 sq ftNone available right now
• St. Clair: Floors 10-121 bd · 1 ba · 697 sq ftNone available right now
• Maryland: Floors 10-122 bd · 1 ba · 1,023 sq ftNone available right now
• Senate: Floors 08-092 bd · 1 ba · 1,019 sq ftNone available right now
• Wabash: Floors 10-121 bd · 1 ba · 788 sq ftNone available right now
• Wabash: Floors 13-151 bd · 1 ba · 788 sq ft$9951 unit available
• Senate: Floors 10-122 bd · 1 ba · 1,019 sq ftNone available right now
• Senate: Floors 13-152 bd · 1 ba · 1,019 sq ftNone available right now
• Wabash: Floors 02-071 bd · 1 ba · 788 sq ft$9552 units available
• Maryland: Floors 13-152 bd · 1 ba · 1,023 sq ft$1,1952 units available
• St. Clair: Floors 13-151 bd · 1 ba · 697 sq ft$9552 units available

🧾 Move-in Costs & Lease

Security deposit

$160

Lease length

12 months

Lease options

3-18

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Indiana renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 388,827 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

💡 Utilities Included

• Trash

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet rent

$25 per pet

One-time pet fee

one-time fee of $150

Limit

2 pets

✨ Features & Details

• Pet Friendly
• In unit laundry
• Granite counters
• Hardwood floors
• Dishwasher
• 24hr maintenance
• Air conditioning
• Carpet
• Garbage disposal
• Microwave
• Oven
• Range
• Refrigerator
• Stainless steel
• Walk in closets
• Bathtub
• W/D hookup
• Ice maker
• Recently renovated
• Clubhouse
• Elevator
• 24hr gym
• Bike storage
• Internet access
• Online portal
• Cats allowed
• Dogs allowed
• 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
• 788 sq ft
• 1023 sq ft
• 697 sq ft

📊 Property Facts

Walk Score

99 · Walker's Paradise

Transit Score

66 · Good Transit

🎓 Nearby Schools

• Center for Inquiry School 2 · K-86/10 · 0.7 mi
• Crispus Attucks Medical Magnet High School (9-12) · 9-121/10 · 1.2 mi
• Arsenal Technical High School · 9-121/10 · 1.3 mi
• Herron High School · 9-1210/10 · 1.4 mi
• George and Veronica Phalen Leadership Academy · K-76/10 · 1.4 mi
• H.L. Harshman Magnet Middle School · 7-82/10 · 1.5 mi
• Theodore Potter School 74 · K-62/10 · 1.6 mi
• William McKinley School 39 · PK-65/10 · 1.6 mi
• Center for Inquiry School 27 · PK-82/10 · 1.6 mi
• James A. Garfield School 31 · K-82/10 · 1.7 mi

🏡 Floor Plans