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Apartment for rent
  • Special offer
    $1,292/mo

    530 Massachusetts Ave APT 226, Indianapolis, IN 46204

    0beds
    505sqft
    Price may not include required fees and charges.
    Apartment
    Available Sat Sep 13 2025
    Cats, dogs OK
    -- A/C
    -- Laundry
    Garage parking
    -- Heating
    Contact manager for more details about this home.

    What's special

    Swimming pool
    It's not hard to find an apartment in Indianapolis. What's difficult is finding some place you want to call home. At Penrose on Mass Apartments, you'll enjoy the feeling of home with the convenience and comfort of upscale apartment living. From distinct apartments with unique designs and finishes to superb amenities such as our Swimming Pool, Penrose on Mass offers a luxurious living experience unlike any other in Indianapolis. Just listen to our Residents Penrose on Mass isn't just an apartment, it's a community. Situated just off Massachusetts Ave. and New Jersey Ave., living at Penrose on Mass puts you a stones throw from Mass Avenue, tasty eateries like The Rathskeller, and is in the heart of one of the most lively parts of the greater Indianapolis region. Penrose on Mass is operated by the J.C. Hart Company, with more than 40 years experience in creating upscale Indianapolis living spaces. Because we understand that apartment hunting isn't just about floor plans or room dimensions. Finding an apartment is about finding a place you can fall in love with, and a place that you're excited to come home to day after day. So if you're ready to see what life is like here, we'd love to show you your new home at Penrose on Mass.
    22 days
    on Zillow
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    Travel times

    Looking to buy when your lease ends?

    Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & 4.15% APY.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Interior area
    • Total interior livable area: 505 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Detached, Garage
    • Has garage: Yes
    • Details: Contact manager

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Building

    Details
    • Building name: Penrose on Mass
    Management
    • Pets allowed: Yes

    Community & HOA

    Location
    • Region: Indianapolis

    Financial & listing details

    • Lease term: 3-15 months

    Price history

    DateEventPrice
    7/9/2025Price change$1,292+1.1%$3/sqft
    Source: Zillow Rentals
    7/8/2025Price change$1,278+1%$3/sqft
    Source: Zillow Rentals
    7/6/2025Price change$1,265+1.1%$3/sqft
    Source: Zillow Rentals
    7/4/2025Price change$1,251+2.2%$2/sqft
    Source: Zillow Rentals
    7/2/2025Price change$1,224+1.2%$2/sqft
    Source: Zillow Rentals

    Neighborhood: Downtown

    There are 7 available units in this apartment building

    • Special offer! $500 OFF First Full Month's Rent on all apartments! *Applies to new applications only. Based on a 12-15 month lease. Expires 3/10/25. Cannot be combined with any other specials.
    • Pricing changes daily and varies based on the lease length