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518 Prospect St
Indianapolis, IN 46203

Floorplan Pricing and Availability
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3 Bedrooms
ID1357365P - 518 Prospect St
$3,156
3 Beds, 2 Baths, 1614 sq ftAvailable Dec 13Availability Details
Price Availability Date Unit Sq Ft $3,156 December 13, 2025 ID1357365P - 518 Prospect St 1614 sq ft Model Amenities and Features
Features
- Air Conditioning
- Heating
- Washer/Dryer
- Wi-Fi
Interior
- Corporate Suites
Kitchen
- Dishwasher
- Freezer
- Kitchen
- Microwave
- Oven
- Refrigerator
Lease Terms
- 1
Services
- Garden
Model Rent and Fees
Model Price
- $3,156
Additional Property Details
Feel at home in this centrally located 3-bedroom apartment in Indianapolis. This inviting apartment offers the perfect mix of comfort, convenience, and local charm. This space is designed to meet your needs and features a bright, modern living area with cozy furnishings, a fully equipped kitchen, high-speed Wi-Fi, and a smart TV. Fresh linens and thoughtful amenities are provided. Free parking is available on the property. Located in the vibrant Fountain Square district, this apartment is steps away from eclectic restaurants, coffee shops, live music venues, and art galleries. Downtown Indianapolis is just minutes away, with easy access to Lucas Oil Stadium, Gainbridge Fieldhouse, the Zoo, and the Children’s Museum. Explore vintage shops, cocktail bars, and local entertainment right outside your door. Fountain Square is a walkable, historic district known for its charm and proximity to downtown. Downtown Indianapolis is less than 5 minutes by car or rideshare. The Cultural Trail, a popular bike and pedestrian path, runs right through Fountain Square and leads directly into downtown. IndyGo bus routes connect Fountain Square to downtown and other parts of the city. There is a $100 penalty fee for removing smoke detectors. Violators will be reported to police and the contract will be terminated immediately for weapons, firearms, drugs, or illegal sexual activity of any sort. There is a zero-tolerance policy for parties and smoking anywhere on the premises. Following multiple warnings, local law enforcement will be utilized to ensure compliance. Should removal be required, it will be done at the guest's expense. Unapproved late checkout will result in a $50 charge for every hour after the scheduled checkout time. Smoking inside or outside on the patio/balcony, parking lot, or within 50ft of the property is strictly prohibited, as this is a smoke-free community. Any smell noticed by cleaners in the house, and/or any physical evidence of smoking any substance in the home will result in a fine of $300.00 to cover the cost of deep cleaning and ozone treatment. Parties and events are strictly prohibited. Any evidence of a party or event, including camera footage, excessive garbage, or other evidence will result in a fine of $500.00, legal action, and possible eviction without reimbursement, plus the cost of any extra cleaning or damages that result from the event. There is a $250.00 fee for an unauthorized animal/pet. Any evidence of willful or negligent loss or damage to the property, furnishings, decoration, landscaping, towels, linens, or other items will be charged at direct replacement cost plus a fine of up to $300.00. Any evidence of a guest breaking posted house rules, including exceeding the occupancy listed by the guest on the reservation, parking restrictions, pool rules, illegal substances, or use of the property can result in a fine of up to $1000.00 and/or eviction from the property. Check-in details will be sent on the day of check-in. Check out time is 11 am (unless otherwise approved). This is a quiet residential neighborhood and building, and noise can transfer easily to neighbors through walls and floors. Guests have full access to the home and yard. [SI]
ID1353834P - 518 Prospect St
$3,248
3 Beds, 2 Baths, 1603 sq ftAvailable Dec 14Availability Details
Price Availability Date Unit Sq Ft $3,248 December 14, 2025 ID1353834P - 518 Prospect St 1603 sq ft Model Amenities and Features
Features
- Air Conditioning
- Heating
- Washer/Dryer
- Wi-Fi
Interior
- Corporate Suites
Kitchen
- Dishwasher
- Freezer
- Kitchen
- Microwave
- Oven
- Refrigerator
Lease Terms
- 1
Services
- Furnished
- Garden
Model Rent and Fees
Model Price
- $3,248
Additional Property Details
Feel at home in this charming 3-bedroom apartment in Indianapolis. Nestled just steps from the vibrant Fountain Square district and only minutes from Downtown Indianapolis, this inviting apartment offers the perfect mix of comfort, convenience, and local charm. This apartment features a bright, modern living area with cozy furnishings, a fully equipped kitchen, high-speed Wi-Fi, and a smart TV. Fresh linens and thoughtful amenities ensure a stress-free stay. Free parking is available on the property. Explore the vibrant Fountain Square district, known for its eclectic restaurants, coffee shops, live music, and art galleries. Downtown Indianapolis is just minutes away, with easy access to Lucas Oil Stadium, Gainbridge Fieldhouse, the Zoo, and the Children’s Museum. Fountain Square is highly walkable, and downtown Indianapolis is less than 5 minutes by car or rideshare. The Cultural Trail, a popular bike and pedestrian path, runs right through Fountain Square and leads directly into downtown. IndyGo bus routes connect Fountain Square to downtown and other parts of the city. There is a $100 penalty fee for removing smoke detectors. Smoking inside or outside on the patio, balcony, parking lot, or within 50ft of the property is strictly prohibited, and any smell noticed by cleaners or any physical evidence of smoking will result in a fine of $300 to cover the cost of deep cleaning and ozone treatment. Parties and events are strictly prohibited, and any evidence of a party or event will result in a fine of $500, legal action, and possible eviction without reimbursement, plus the cost of any extra cleaning or damages. An unauthorized animal/pet fee is $250. Any evidence of willful or negligent loss or damage to the property will be charged at direct replacement cost plus a fine of up to $300. Guests are required to keep towels and linens in good condition, and any permanent stains on towels or linens will fall into the category of negligent damage. Any evidence of a guest breaking posted house rules can result in a fine of up to $1000 and/or eviction from the property. Unapproved late checkout will result in a $50 charge for every hour after the scheduled checkout time. Check-in details will be sent on the day of check-in. All guests are screened using a third-party partner. No weapons, firearms, drugs, or illegal sexual activity of any sort are allowed, and violators will be reported to police and the contract will be terminated immediately. Guests staying longer than 28 days will be responsible for paying utilities used during their stay. [SI]
Lease Terms
- 1
- Short Term Lease Options
Features and Amenities
Unique Amenities
- SharedYard
On-Site Services
- Garden
Community Features
- Corporate Suites
Interior Features
- Heating
- Washer/Dryer
- Air Conditioning
- Wi Fi
Kitchen Amenities
- Oven
- Dishwasher
- Microwave
- Refrigerator
- Freezer
- Kitchen

Map
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Map
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Points of Interest
Time and distance from 518 Prospect St.
Arts Museums and Landmarks
Big Box and Retail
Walgreen's
Cvs/Pharmacy
Walgreens
Colleges and Universities
Groceries
Kroger
Aldi
Hospitals
Military Bases
Naval Avionics Center
Parks and Recreation
518 Prospect St has 4 parks within 4.2 miles, including Garfirled Conservatory, White River State Park, Benjamin Harrison House, and SpaceQuest Planetarium.
Restaurants and Dining
Shopping Centers
518 Prospect St has 5 shopping centers within 1.6 miles.
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,161 | $595 | $5,262 |
| Indianapolis 1 Bedroom Apartments | $1,367 | $495 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,652 | $563 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $1,999 | $899 | $7,211 |
| Indianapolis 4 Bedroom Apartments | $1,745 | $600 | $6,433 |
| Indianapolis 5 Bedroom Apartments | $10,764 | $1,000 | $10,000+ |
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