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Updated 2 hours ago

3540 N Pennsylvania St


Indianapolis, IN

2 Bed
•
1 Bath

1,200 Sq. Ft.

Available Now
Floor plans
2 Beds • 1 Bath
$1,099
1200 ft2
2 Available
Managed By: Stallard & Associates, Inc.
C
$1,099
Available Now
View
W
$1,099
Available Jan 23rd, 2026
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View Rented Units
Where you'll live
Street View
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3540 N Pennsylvania St
3540 N Pennsylvania St
3540 N Pennsylvania St
Location ratings
Walk Score®
60
Somewhat Walkable
Transit Score®
50
Good Transit
Bike Score®
71
Very Bikeable
Amenities
On-site Laundry
Washer / Dryer Connections
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Hardwood Floors
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500
Property details
Description

Pennwood - Beautiful Two Bedroom Townhomes w/ Laundry Hookups! - At Pennwood, we have an amazing 2 Bedroom townhouse coming available!. This apartment offers walk in closets and plenty of storage space, oriignal hardwood floors, and laundry hookups in the basement! With an expansive floor plan, central heat and AC, and a front porch and back patio, you won't want to miss it!
Pennwood is in a great location near the Red Line, and just minutes from downtown and Broad Ripple in a quiet neighborhood. With gated parking, a secure building, and a pet friendly property, these apartments don't stay on the market for long! Reach out to us today.
(RLNE2095845)

Additional Details
Total Unit Count: 26
Last Updated: Updated 2 hours ago
Contact Number: (317) 931-6030
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Photos Floor Plans Amenities
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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 3540 N Pennsylvania St by bedroom type below.
2 Bedroom
Suggested income:
$39,600
per year
Rent report

3540 N Pennsylvania St Rent vs. Indianapolis Average

 3540 N Pennsylvania St      Indianapolis Average
2BR
$1,099
$1,394
$0
$500
$1,000
$1,500
$2,000

3540 N Pennsylvania St is asking 21% less than the average 2 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 3 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Indianapolis 1 bedroom apartment, you would pay 23% less per month.

3540 N Pennsylvania St provides 19% more square footage than the average Indianapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
3540 N Pennsylvania St
2BR $1,099 $0.90 $3,297
Indianapolis Average
Studio $1,047 $2.10 $3,142
1BR $1,136 $1.60 $3,409
2BR $1,394 $1.40 $4,181
3BR $1,608 $1.10 $4,823
4BR $1,646 $1.00 $4,938

Availability in Indianapolis

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 1,336 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 38% 40% 13% 3%
Available Units in Indianapolis
Studio 205
1BR 1,286
2BR 1,336
3BR 428
4BR 98
Location
Nearby Colleges

Ivy Tech Community College-Central Indiana

Butler University

Indiana University - Purdue University Indianapolis

American College Of Education

Purdue University Global

University of Indianapolis

Nearby Hospitals
Name Distance
Indiana University Health Transplant 2.16 mi.
Larue D Carter Memorial Hospital 2.75 mi.
Riley Hospital For Children 3.28 mi.
Nearby Fire Stations
Name Distance
Washington Township Fire Department 2.69 mi.
Wayne Township Fire Department 2.69 mi.
Washington Township Volunteer Fire Department 2.69 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 1,200 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 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units starts at $1,099. 3540 N Pennsylvania St has 2 bedroom units available starting at $1,099.
Where is this property located?
This property is at 3540 N Pennsylvania St in Indianapolis, IN. It's 3.6 miles north from the center of Indianapolis.
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