1 bed / 1 bath apartment available mid-June 2026!
Welcome home to The Varsity Lofts - the newest boutique 8-unit apartment building in Indy's charming Old North Side. Your new home features modern design and luxury spaces in one of the hottest neighborhoods along the 16th Street corridor. You will enter your home through the private courtyard on the second floor to a thoughtfully designed space by Indy's award-winning architecture and interior design team, krM Architecture. Each home features impressive kitchen and bath design, hard floors throughout, in-unit laundry, high ceilings, smart home technology, and plenty of daylight.
Situated at 16th and Pennsylvania St, the Varsity Lofts is a prime location to the IU Health Methodist campus, 16 Tech campus, and all the excitement downtown. No less than 75 restaurants, bars, breweries, distilleries, and coffee shops are within a 20 minute walk in either direction.
- Tenant responsible for electric. Owner pays water, gas, trash.
- Off-street parking available for $75/mo.
- Cats OK. $50/mo pet rent. NO DOGS.
- No smoking in-unit or on property.
- Must sign online lease and set up online payments through Zillow.
- 12+ month lease terms available.
- Renter's insurance required.
- All adult occupants must be screened and listed on the lease.
- Income & credit requirements: must provide proof of income showing 3.5x monthly rent, credit score of 625 or higher, no eviction records.
- An active professional business is located on the first floor with shared common space. Business hours etiquette will be required.
Apartment for rent
Accepts Zillow applications
$1,450/moFees may apply
1515 N Pennsylvania St, Unit E, Indianapolis, IN 46202
1beds
725sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Apartment
Available now
Cats OK
Air conditioner, central air
In unit laundry
Off street parking
Central, forced air
What's special
- 67 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Air Conditioner, Central Air
Appliances
- Included: Dishwasher, Oven, Refrigerator
- Laundry: In Unit
Features
- Flooring: Hardwood, Tile
Interior area
- Total interior livable area: 725 sqft
Property
Parking
- Parking features: Off Street
- Details: Contact manager
Features
- Patio & porch: Patio
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Garbage, Gas, Water
Building
Management
- Pets allowed: Yes
Community & HOA
HOA
- Amenities included: Parking
Location
- Region: Indianapolis
Financial & listing details
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for rent | $1,450+9.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/5/2022 | Listed for rent | $1,325$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
Neighborhood: Near Northside
Nearby schools
GreatSchools rating
- 4/10Center for Inquiry School 27Grades: PK-5Distance: 0.5 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.4 mi
- 1/10Crispus Attucks Medical Magnet High School (9-12)Grades: 9-12Distance: 0.9 mi
There are 2 available units in this apartment building







