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Home / Indianapolis Area Apartments / Carmel / Penn Circle
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Updated 7 hours ago

Penn Circle


12415 N Pennsylvania St Carmel, IN

1 - 2 Bed
•
1 - 2 Bath

782 - 1,170 Sq. Ft.

Available Now
Deal

Home for the Holidays! Move-in and pay no rent until 2026 on select move-in ready apartments! Contact us today to schedule your tour of your new apartment home.

Top 25 in Online Reputation – 2 Years in a Row!
Nolan Living has been recognized by J Turner Research as one of the Top 25 Management Companies for Online Reputation in Division IV—two years in a row!
Floor plans
1 Bed • 1 Bath
$1,499 - $1,874
927 ft2
1 Available
3-212
$1,499+
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,417 - $1,715
788 ft2
1 Available
3-118
$1,417+
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,449 - $1,839
842 ft2
2 Available
3-302
$1,449+
Available Now
View
3-315
$1,449+
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,634 - $1,996
923 ft2
1 Available
5-207
$1,634+
Available Dec 16th, 2025
View
View Rented Units
1 Bed • 1 Bath
$1,415 - $1,808
782 ft2
3 Available
4-210
$1,465+
Available Jan 8th, 2026
View
1-112
$1,480+
Available Feb 3rd, 2026
View
4-101
$1,415+
Available Mar 7th, 2026
View
View Rented Units
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2 Beds • 2 Bath
$1,649 - $2,017
1108 ft2
2 Available
2-302
$1,649+
Available Now
View
1-309
$1,725+
Available Feb 10th, 2026
View
View Rented Units
2 Beds • 2 Bath
$1,599 - $2,071
1095 ft2
2 Available
2-311
$1,599+
Available Now
View
4-211
$1,699+
Available Now
View
View Rented Units
2 Beds • 2 Bath
$1,799 - $2,138
1170 ft2
2 Available
3-103
$1,799+
Available Now
View
3-313
$1,841+
Available Now
View
View Rented Units
2 Beds • 2 Bath
$1,786 - $2,075
1026 ft2
1 Available
2-111
$1,786+
Available Now
View
View Rented Units
View More
Where you'll live
Street View
Map View
Satellite View
Penn Circle
Penn Circle
Penn Circle
Location ratings
Walk Score®
58
Somewhat Walkable
Bike Score®
81
Very Bikeable
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Pool
Hardwood Floors
Picnic Area
Stainless Steel Appliances
Dishwasher
Garden
High / Vaulted Ceiling
Elevator
Package Receiving
Clubhouse
Eco-friendly Rain Gardens
Recycling
Cabanas
Garage Parking
Walking Paths
Recycling
Barbecue
Online Payments
Online Community Portal
Bike Parking
Range / Oven
Microwave
Virtual Walkthrough
Professional On-site Management
On-site Maintenance
Dog Park
Business Center
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Park
Pet Friendly Community
Breed Restrictions:

No aggressive breeds are allowed

Number Limit:

2 pets per apartments maximum

Parking
Covered Parking
Garage - Detached
Lease & Fees
Lease Length:

None

Application Fee:

$85

Property details
Description

Welcome to Penn Circle Apartment, where you will find spacious and modern apartments for rent in Carmel, IN. Our one- and two-bedroom options allow you the flexibility to choose the home that works for you. Designed and built with attention to sustainability, the community features premium interior finishes and comprehensive amenities and services. Penn Circle is a place for people who want both the energy of the city and the quiet comforts of home.
Residents of Penn Circle enjoy:
Convenient recycling programs to eco-friendly rain gardens
Outside spaces that include a dog park, BBQ/picnic area, pool with cabanas, and walking paths
Community amenities that include a clubhouse, fitness center, and business center
Apartments with high ceilings and modern upgraded kitchens

Additional Details
Total Unit Count: 193
Last Updated: Updated 7 hours ago
Contact Number: (833) 326-7068
Property manager information
Nolan Living
Ask a question
Office Hours
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 5:00 PM
Social media posts
Contact Penn Circle
Your Name

Email Address

Phone Number (optional)
Request a Tour Date

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View More Apartments in Carmel
Contact Property
Your Name

Email Address

Phone Number (optional)
Request a Tour Date

Ask a Question

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Photos Floor Plans Amenities
Renters Also Viewed
$1,497 - $2,711
Avant Apartments
12890 Old Meridian Street Carmel, IN
1 - 2 BR | Available Now
0.5 miles away
$1,557 - $2,448
Keystone
1111 W. Main Street Carmel, IN
1 - 2 BR | Available Now
0.7 miles away
$1,139 - $1,829
Alexandria Of Carmel
1411 Fairfax Manor Dr Carmel, IN
1 - 2 BR | Available Now
0.5 miles away
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Penn Circle by bedroom type below.
1 Bedroom
Suggested income:
$53,200
per year
2 Bedroom
Suggested income:
$62,200
per year
Rent report

Penn Circle Rent vs. Carmel Average

 Penn Circle      Carmel Average
1BR
$1,479
$1,422
$0
$500
$1,000
$1,500
$2,000
2BR
$1,728
$1,719
$0
$600
$1,200
$1,800
$2,400

Penn Circle is asking 4% more than the average 1 bedroom apartment in Carmel.

If you upsized to an average priced Carmel 2 bedroom apartment, you would pay 17% more per month.

If you downsized to an average priced Carmel studio apartment, you would pay 48% less per month.

Penn Circle provides 11% more square footage than the average Carmel 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Penn Circle
1BR $1,479 $1.80 $4,437
2BR $1,728 $1.60 $5,185
Carmel Average
Studio $960 $1.60 $2,880
1BR $1,422 $1.90 $4,267
2BR $1,719 $1.60 $5,156
3BR $2,185 $1.60 $6,555
4BR $2,844 $1.20 $8,531

Availability in Carmel

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 117 2BR units on the market in Carmel. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
1% 38% 43% 16% 1%
Available Units in Carmel
Studio 2
1BR 104
2BR 117
3BR 43
4BR 4
Location
Nearby Colleges

Purdue University Global

Butler University

Nearby Hospitals
Name Distance
Franciscan St Francis Health Carmel 0.26 mi.
Indiana Spine Hospital, Llc 0.73 mi.
Indiana University Health North Hospital 0.78 mi.
Nearby Fire Stations
Name Distance
Nappanee Fire Department 1.49 mi.
Carmel Fire Department 2.05 mi.
Adams Markleville Fire Protection Territory 3.82 mi.
FAQs
Is this property currently leasing units?
Yes. There are 17 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 15 units available for move-in over the next 2 months. 9 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 782 to 1,170 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,417 to $2,138. Penn Circle has 1 bedroom units available starting at $1,417 and 2 bedroom units available starting at $1,599.
Where is this property located?
This property is at 12415 N Pennsylvania St in Carmel, IN. It's 2.4 miles west from the center of Carmel.
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