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111 E 16th St

Indianapolis, IN 46202 - Marion County

Apartment

1 beds

2 baths

962-1,017 sqft

About 111 E 16th St

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, fitness center and a rooftop terrace. 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.

RentalSource last checked: July 18, 2025 at 4:22 AM ET

Listed by: Indy Collective Property Group, (317) 489-9760

Property Summary

Property Type:	Apartment
Rental Fee:	$1,095 - $1,295
Bedrooms:	1 beds
Bathrooms:	2 baths

Size:	962-1,017 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	81701595

Property Amenities

• Dishwasher

Community Features

• Bike Paths

• Controlled Access

• Fitness Center

• Laundry Facilities

• Reserved Parking

• Storage

Unit Rates

Name	Beds	Baths	Sqft	Rent
1 Bed	1	2	962	$1,095
1 Bed	1	2	962	$1,175
1 Bed	1	2	1,017	$1,295

Additional Details

Apartments for rent in Indianapolis for $1,095-$1,295 with 1 bed, 2 baths, 962-1,017 sqft and located at 111 E 16th St in Indianapolis, IN 46202. The averaged rental price of $1,195 is 10.6% ($115) higher than the average rent of $1,080 for a 1 bedroom apartment in Indianapolis, IN and 10.8% ($116) higher than the average rent of $1,079 for a 1 bedroom apartment in Marion County. This apartment is in the Indianapolis Public School District and the nearest schools are Center for Inquiry School 27, Arlington Community Middle School and Crispus Attucks Medical Magnet High School (9-12). 111 E 16th St was advertised by Indy Collective Property Group on June 28, 2025 at 11:01 AM ET and last updated today at 4:22 AM ET.

Affordability Calculator

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

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$43,800 /year

With your chosen rent-to-income ratio, an annual income of $43,800 is recommended to comfortably afford this 1-bedroom rental priced at $1,095 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,095 - $1,295

Rent Affordability Calculator

Interested in 111 E 16th St?

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Property managed by:

Indy Collective Property Group
(317) 489-9760

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.