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.
Apartment for rent
Special offer
$1,706/moFees may apply
530 Massachusetts Ave, # 558, Indianapolis, IN 46204
1beds
879sqft
Price may not include required fees and charges. Learn more|
Apartment
Available Fri Oct 16 2026
Cats, small dogs OK
Garage parking
What's special
Upscale apartment living
- 6 days |
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 879 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage
- Has garage: Yes
- Details: Contact manager
Features
- Stories: 5
Details
- Additional structures: Garage(s)
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Condition
- Year built: 2019
Building
Details
- Building name: Penrose on Mass
Management
- Pets allowed: Yes
Community & HOA
HOA
- Amenities included: Parking
Location
- Region: Indianapolis
Financial & listing details
- Lease term: 3-15 months
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Price change | $1,706-14.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2026 | Listed for rent | $2,002$2/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.8 mi
There are 15 available units in this apartment building
- Special offer! $500 OFF First Full Month's Rent





