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Penelope 38 Apartments is a premier residential community nestled in the heart of Ankeny, Iowa. Located at 717 NE 5th St, this upscale apartment complex offers a stylish and modern living experience for its residents.

As you step into Penelope 38 Apartments, you'll be greeted by a contemporary and well-designed lobby, setting the tone for the refined atmosphere that permeates the entire complex. The apartments themselves are spacious, boasting an array of floor plans to cater to various lifestyles and needs. From cozy studios to expansive two-bedroom units, every apartment exudes an air of comfort and sophistication.

Each residence at Penelope 38 Apartments is thoughtfully appointed with high-end finishes and fixtures. The open-concept layouts create a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or relaxing after a long day. The kitchens feature sleek cabinetry, stainless steel appliances, and granite countertops, transforming every cooking experience into a culinary delight.

The communal areas of Penelope 38 Apartments are just as impressive. Residents can take advantage of the state-of-the-art fitness center, equipped with the latest exercise machines and free weights. The vibrant community lounge is an ideal place to connect with neighbors, engage in social activities, or simply unwind with a book from the curated library. The meticulously landscaped outdoor space provides a serene oasis, complete with a refreshing pool, inviting lounge areas, and BBQ grills for hosting delightful gatherings.

Situated in the thriving city of Ankeny, Penelope 38 Apartments offer convenient access to an abundance of shopping, dining, and entertainment options. Located just minutes away from major highways and public transportation, residents can easily explore the rest of Iowa and beyond.

Penelope 38 Apartments truly redefines modern living in Ankeny, providing a haven for those seeking comfort, luxury, and convenience. With its exceptional amenities, sophisticated interiors, and prime location, this apartment complex offers an unparalleled living experience that is second to none.


All information on this website is provided in good faith and solely for the purpose of providing general information. Property description is generated by AI and the site operator takes no responsibility or warranties about the completeness, accuracy, or reliability of this information. Any action you take as a result of the information on this website is solely at your own risk. Please verify the information with the leasing office prior to becoming a tenant.

Property Info

Nearby Attractions

  • Ankeny Art Center

    The Ankeny Art Center is a vibrant cultural hub in the community, offering a variety of art classes and workshops for all ages. Visitors can explore rotating art exhibitions featuring local artists and enjoy art events throughout the year. The center also provides space for community gatherings and functions, making it a great place to connect with fellow art enthusiasts.

  • Prairie Ridge Aquatic Center

    The Prairie Ridge Aquatic Center is a family-friendly water park featuring a large swimming pool, water slides, and play areas for children. It's an ideal spot for a hot summer day, offering plenty of space for relaxation and fun. The facility also hosts swim lessons and fitness classes, ensuring there are activities for all ages.

  • Ankeny Historical Society

    The Ankeny Historical Society seeks to preserve and share the rich history of Ankeny and its residents. Visitors can enjoy a variety of exhibits showcasing artifacts, photographs, and documents that highlight the city's development over the years. The society also organizes events and educational programs, making it a wonderful resource for history buffs and families alike.

  • Lake Ankeny Park

    Lake Ankeny Park offers a scenic escape with its picturesque lake, walking trails, and recreational amenities. It's an ideal place for picnics, hiking, and bird watching, with various trails that explore the natural beauty of the area. Fishing is also popular here, providing a relaxing day outdoors for anglers and families alike.

  • Kent Park

    Kent Park is a local gem featuring sports fields, playgrounds, picnic areas, and scenic walking paths. The park promotes an active lifestyle with facilities for soccer, softball, and basketball, catering to individuals and families looking to enjoy recreational activities. It's an excellent spot to unwind, socialize, and engage in community events.

Contact Us

Do not hesitate to contact us if you have any questions:

717 NE 5th St
Ankeny, IA 50021

Phone: (515) 965-5987

  • 50023

  • 50940

  • 50332

  • 50329

  • 50336

  • 50950

  • 50368

  • 50331

  • 50302

  • 50308

Nestled in the heart of Ankeny, IA, Penelope 38 Apartments at 717 NE 5th St offers a vibrant community for those seeking the best in Ankeny living. With a variety of spacious floor plans, these Ankeny rentals provide not only modern amenities but also a welcoming atmosphere for residents. Whether you're searching for upscale finishes or a prime location, Penelope 38 Apartments Ankeny stands out among the diverse selection of apartments in Ankeny. As one of the premier choices for apartment rentals, Penelope 38 Apartments ensures that you'll enjoy the convenience and comfort of Ankeny housing, making it an ideal choice for anyone looking to experience the best of Ankeny apartments for rent.

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Smart Ways to Find an Affordable Apartment

Consider Apartments with Resident Event Programs

Resident event programs, such as community BBQs, movie nights, or fitness classes, provide entertainment and socialization without additional costs. These events are often included in your rent and help create a sense of community within the apartment complex. Look for buildings that offer these perks when comparing rental options.

Affordable Housing Tip

Negotiate Rent or Purchase Price

Don't hesitate to negotiate with landlords or sellers. Often, there is some flexibility in the price, especially if the property has been on the market for a while. Lowering the rent or purchase price even slightly can result in significant savings.