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115 N Pennsylvania St

Indianapolis, IN 46204 - Marion County

Apartment

1-2 beds

1 baths

788-1,019 sqft

About 115 N Pennsylvania St

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. Fitness Center, Refrigerator, Oven, Dishwasher, Garbage Disposal, Range, Elevator, Microwave oven, High-speed internet ready, Clubhouse, Resident Lounge, Dryer, Washer, Carpet, Trash Compactor, City View, Party Room, Intercom, Online Maintenance Portal, Online Rent Payment, On-site Management, Storage Space, Controlled access, 24 Hour Maintenace, Bicycle storage, Stove, Microwave & Washer/Dryer. Pet Friendly.

RentalSource last checked: July 18, 2025 at 10:44 AM ET

Listed by: Orloff Property Management IN, (317) 653-1515

Property Summary

Property Type:	Apartment
Rental Fee:	$1,319 - $1,399
Bedrooms:	1-2 beds
Bathrooms:	1 baths

Size:	788-1,019 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	81801163

Property Amenities

• Carpeted Floors

• Garbage Disposal

• Dishwasher

• High-Speed Internet

• Microwave

• Pet Friendly

• Refrigerator

• Washer/Dryer In Unit

Community Features

• Controlled Access

• Clubhouse

• Fitness Center

• Storage

Unit Rates

Name	Beds	Baths	Sqft	Rent
1 Bed	1	1	788	$1,319
2 Beds	2	1	1,019	$1,399

Additional Details

Apartments for rent in Indianapolis for $1,319-$1,399 with 1-2 beds, 1 bath, 788-1,019 sqft, pet friendly and located at 115 N Pennsylvania St in Indianapolis, IN 46204. The averaged rental price of $1,359 is 10.6% ($130) higher than the average rent of $1,229 for apartments in Indianapolis, IN and 10.8% ($133) higher than the average rent of $1,226 for apartments in Marion County. 115 N Pennsylvania St was advertised by Orloff Property Management IN on July 15, 2025 at 8:54 AM ET and last updated today at 10:44 AM ET.

Affordability Calculator

Can I afford to live at 115 N Pennsylvania 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

$52,760 /year

With your chosen rent-to-income ratio, an annual income of $52,760 is recommended to comfortably afford this 1-bedroom rental priced at $1,319 per month.

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

Apartment for rent

$1,319 - $1,399

Rent Affordability Calculator

Interested in 115 N Pennsylvania St?

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Property managed by:

Orloff Property Management IN
(317) 653-1515

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