Home / Indianapolis Area Apartments / Carmel / Penn Circle
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Updated 5 hours ago

Penn Circle


12415 N Pennsylvania St Carmel, IN

1 - 2 Bed
•
1 - 2 Bath

543 - 1,256 Sq. Ft.

Available Now
Deal

Tour online or in person today! Experience exceptional apartment living in Carmel, Indiana, ranked #1 in U.S. News' Best Places to Live. Enjoy spacious homes, sought-after amenities, a pet-friendly community, and award-winning service from Nolan Living, recognized by J Turner Research as a Top 25 Online Reputation Management Company in Division IV for two years straight. Tour online or in person today!

1 Bed • 1 Bath
$1,422 - $1,688
543 ft2
1 Available
3-318
$1,422+
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,474 - $1,905
848 ft2
1 Available
1-208
$1,474+
Available Now
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1 Bed • 1 Bath
$1,474 - $1,905
801 ft2
1 Available
4-207
$1,474+
Available Jan 1st, 2027
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1 Bed • 1 Bath
$1,474 - $1,905
867 ft2
1 Available
4-208
$1,474+
Available Jan 28th, 2027
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1 Bed • 1 Bath
$1,516 - $1,857
782 ft2
1 Available
4-210
$1,516+
Available Feb 25th, 2027
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2 Beds • 2 Bath
$1,665 - $2,192
1095 ft2
4 Available
4-211
$1,665+
Available Now
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1-204
$1,665+
Available Now
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2-204
$1,665+
Available Now
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4-311
$1,665+
Available Jan 7th, 2027
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2 Beds • 2 Bath
$1,764 - $2,272
1170 ft2
1 Available
3-416
$1,764+
Available Dec 2nd, 2026
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2 Beds • 2 Bath
$1,775 - $2,288
1256 ft2
1 Available
3-210
$1,775+
Available Jan 6th, 2027
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2 Beds • 2 Bath
$1,649 - $2,136
1026 ft2
1 Available
4-104
$1,649+
Available Jan 19th, 2027
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
58
Somewhat Walkable
Bike Score®
81
Very Bikeable
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Pool
Hardwood Floors
Online Community Portal
Stainless Steel Appliances
Dishwasher
Garden
High / Vaulted Ceiling
Elevator
Eco-friendly Rain Gardens
Recycling
Cabanas
Garage Parking
Walking Paths
Recycling
Picnic Area
Online Payments
Package Receiving
Bike Parking
Range / Oven
Microwave
Virtual Walkthrough
Professional On-site Management
On-site Maintenance
Dog Park
Business Center
Barbecue
Clubhouse
Fees & leasing info
Pets
Pet Park
Pet Friendly Community
Breed Restrictions:

No aggressive breeds are allowed

Number Limit:

2 pets per apartments maximum

Pet Deposit: $400.00
Pet Rent: $400.00
Cat:

| Restrictions: None One time

Dog:

| Restrictions: None One time

Pet Fee:

Pet Fee One time due at move-in

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

None

Application Fee:

$85

Early Termination Fee:

$2500.00 One time due at move out

Late Fee:

Percentage of rent One time

Nsf Tenant Fee:

$50.00 One time

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 5 hours ago
Contact Number: (833) 326-7068
Property manager information
Nolan Living
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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
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Photos Floor Plans Amenities
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:
$53,000
per year
2 Bedroom
Suggested income:
$60,900
per year
Rent report

Penn Circle Rent vs. Carmel Average

 Penn Circle      Carmel Average
1BR
$1,472
$1,476
$0
$500
$1,000
$1,500
$2,000
2BR
$1,693
$1,897
$0
$650
$1,300
$1,950
$2,600

Penn Circle is asking 0% less than the average 1 bedroom apartment in Carmel.

If you upsized to an average priced Carmel 2 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Carmel studio apartment, you would pay 54% less per month.

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

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Penn Circle
1BR $1,472 $1.90 $4,416
2BR $1,693 $1.50 $5,078
Carmel Average
Studio $960 $1.60 $2,880
1BR $1,476 $1.90 $4,427
2BR $1,897 $1.70 $5,690
3BR $2,031 $1.50 $6,092
4BR $3,200 $1.70 $9,600

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 211 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% 26% 52% 17% 4%
Available Units in Carmel
Studio 3
1BR 107
2BR 211
3BR 71
4BR 15
Location
Nearby Colleges
FAQs
Is this property currently leasing units?
Yes. There are 12 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 9 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 543 to 1,256 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
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 $1,409 to $2,287. Penn Circle has 1 bedroom units available starting at $1,409 and 2 bedroom units available starting at $1,665.
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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