Penrose On Mass
15 photos
  • Pet friendly
  • On-site Parking
  • Studio–2 bed
Total price ($2,419) mo $1,696 mo

Penrose On Mass

530 Massachusetts Ave, Indianapolis, IN 46204
(317) 449-2961
www.apartmentlist.com
Penrose On Mass
SummaryProperty locationPricing and availabilityAmenitiesProperty detailsContact

Your offers

3 offers

$150 Cash Back

From Sunny · paid after move-in·

Guaranteed

30% price drop

Was $2,419 · saves $723/mo

In the price

Rent discount

Advertised by property · ends Sep 30

est. $500 Verify with property

Your first-month savings

$873 Locked in + $500 Possible

Restrictions may apply

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Property location

530 Massachusetts Ave, Indianapolis, IN 46204

Pricing and availability

Last updated about 7 hours ago
  • 1BR/1B B Courtyard Balcony (tub/balc)
    • 1 bed
    • ·
      1 bath
    • ·
      840 sqft
    $1,615+ mo
    2
    Starting at
    Units available

    • Unit 1-240

      Avail 9/29/2026

      12 months lease
      $1,615 mo

    • Unit 1-530

      Avail 11/8/2026

      12 months lease
      $1,643 mo
  • 1BR/1B J Courtyard Balcony + Den (shower/balc)
    • 1 bed
    • ·
      1 bath
    • ·
      879 sqft
    $1,593+ mo
    1
    Starting at
    Unit available

    • Unit 1-208

      New unit

      Avail 11/1/2026

      12 months lease
      $1,593 mo
  • 1BR/1B D NJ/North St Balcony (shower/balcony)
    • 1 bed
    • ·
      1 bath
    • ·
      820 sqft
    $1,589+ mo
    1
    Starting at
    Unit available

    • Unit 1-213

      New unit

      Avail 11/13/2026

      12 months lease
      $1,589 mo
  • 1BR/1B C NJ/North St Balcony (shower/island/balc)
    • 1 bed
    • ·
      1 bath
    • ·
      798 sqft
    $1,636+ mo
    5
    Starting at
    Units available

    • Unit 1-545

      Avail 12/27/2026

      12 months lease
      $2,419 mo
      Price dropped on 09/17
    • -30%
      • $1,696 mo

  • Unit 1-325

    Available now

    12 months lease
    $1,640 mo
    Price dropped on 09/21
  • -0.2%
    • $1,636 mo
  • 1BR/1B H Courtyard Balcony (shower/island/balc)
    • 1 bed
    • ·
      1 bath
    • ·
      879 sqft
    $1,643+ mo
    1
    Starting at
    Unit available
  • 1BR/1.5B G Mass NE Corner Curtain (shower/balc/corner)
    • 1 bed
    • ·
      1.5 bath
    • ·
      1222 sqft
    $3,276+ mo
    1
    Starting at
    Unit available

    • Amenities

    • In unit laundry
    • Pet friendly
    • 24hr maintenance
    • Garage
    • Gym
    • Pool

    Property details

    Penrose on Mass Apartments was built in 2018, and since then has become synonymous with premier apartment living here in Indianapolis. From accommodating floor plans ranging from Studio apartments to 2 bedroom apartments, to a large collection of community amenities, we've built one of the top living communities in Indianapolis, and we want you to take advantage of it.

    Application fee
    0.00
    Deposit
    250.00
    Pets allowed
    Yes
    Parking
    Garage lot, assigned: $200/month. Reserved Garage Parking. Garage lot, unassigned: $150/month. Come and Go Garage Parking. Garage lot, assigned: $225/month. Reserved EV Parking.

    When each offer lands

    At signing

    Property special applied

    Any move-in special the property is running comes off what you owe them, handled by the property at lease signing.

    At move-in

    Cash Back unlocked

    Once your move-in is confirmed, your Sunny Cash Back offer becomes available in your account.

    Within 90 days

    Cash Back paid to you

    Claim it through Venmo or a Visa Gift Card. Renters have 90 days from move-in to claim — no property approval needed.

    Contact the property

    (317) 449-2961
    Nope
    Love it
    Maybe