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518 Prospect St

(972) 289-8633
Check Availability
Indianapolis, IN 46203

Contact

518 Prospect St

Indianapolis, IN 46203
518 Prospect St in Indianapolis, IN - Building Photo

Floorplan Pricing and Availability

    • 3 Bedrooms

      SI ID1353834P - 518 Prospect St

      $4,937

      3 Beds, 2 Baths, 1603 sq ft
      Total Monthly Price

      Total Monthly Price

      Base Rent
      $4,937

      Total Monthly Price
      $4,937
      Available Feb 25, 2027

      Availability Details

      PriceAvailability DateUnitSq Ft
      $4,937February 25, 2027SI ID1353834P - 518 Prospect St1603 sq ft
      Prices shown for this property are the Total Monthly Price including Fees.

      Model Amenities and Features

      Features

      • Air Conditioning
      • Heating
      • Wi-Fi

      Interior

      • Corporate Suites

      Kitchen

      • Dishwasher
      • Freezer
      • Kitchen
      • Microwave
      • Oven
      • Refrigerator

      Lease Terms

      • 1

      Services

      • Furnished
      • Garden

      About This Listing

      The advertised rate of $4,938/month is the lowest available price, based on a 1 month(s) and 2 day(s) stay with a move-in date of February 25, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this charming 3-bedroom apartment in Indianapolis, offering a comfortable and convenient stay. This inviting apartment is designed to meet your needs, featuring a bright, modern living area with cozy furnishings, three comfortable bedrooms, and a fully equipped kitchen perfect for home-cooked meals. High-speed WiFi and a smart TV are provided to keep you connected and entertained, along with fresh linens and thoughtful amenities for a stress-free stay. Free street parking is typically available near the property, and rideshare services like Uber and Lyft are widely used. For guests staying longer than 28 days, utilities used during their stay will be their responsibility. Nestled just steps from the vibrant Fountain Square district, you’ll be surrounded by eclectic restaurants, coffee shops, live music venues, and art galleries. Downtown Indianapolis is only minutes away, offering easy access to Lucas Oil Stadium, Gainbridge Fieldhouse, the Zoo, and the Children’s Museum. The neighborhood is highly walkable, with vintage shops, cocktail bars, and local entertainment right outside your door. The Cultural Trail, a popular bike and pedestrian path, runs through Fountain Square and leads directly into downtown. This is a quiet residential neighborhood and building, and noise can transfer easily to neighbors through walls and floors. 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 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. This unit is equipped with noise sensors. Unauthorized animal/pet fee is $250.00. Missing or damaged items will be charged at direct replacement cost plus a fine of up to $300.00. Unapproved late checkout will result in a $50 charge for every hour after the scheduled checkout time of 11 am. There's a $100 penalty fee for removing smoke detectors. No weapons, firearms, drugs or illegal sexual activity of any sort allowed. Violators will be reported to police and the contract will be terminated immediately. All guests are screened using a third-party partner and will be asked to provide a copy of their official government-issued photo ID, confirm their contact information, provide a valid credit card with a name that matches their ID, pass through a verification portal, pay a security deposit and, in some instances, complete a criminal background check. Includes high-speed WiFi. [SI]

      Model Rent and Fees

      Model Price

      • $4,937
      Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

      Contact Info

      Listed by:
      Despoina Pantziaridou

      SI ID1357365P - 518 Prospect St

      $4,029

      3 Beds, 2 Baths, 1614 sq ft
      Total Monthly Price

      Total Monthly Price

      Base Rent
      $4,029

      Total Monthly Price
      $4,029
      Available Apr 25, 2027

      Availability Details

      PriceAvailability DateUnitSq Ft
      $4,029April 25, 2027SI ID1357365P - 518 Prospect St1614 sq ft
      Prices shown for this property are the Total Monthly Price including Fees.

      Model Amenities and Features

      Features

      • Air Conditioning
      • Heating
      • Wi-Fi

      Interior

      • Corporate Suites

      Kitchen

      • Dishwasher
      • Freezer
      • Kitchen
      • Microwave
      • Oven
      • Refrigerator

      Lease Terms

      • 1

      Services

      • Furnished
      • Garden

      About This Listing

      The advertised rate of $4,029/month is the lowest available price, based on a 30 day(s) stay with a move-in date of May 2, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this charming 3-bedroom apartment, perfectly situated in a centrally located and walkable neighborhood. This inviting space offers a comfortable retreat just steps from the vibrant Fountain Square district and minutes from Downtown Indianapolis. This inviting apartment is designed to meet your needs, featuring a bright, modern living area with cozy furnishings, three comfortable bedrooms, and a fully equipped kitchen ideal for preparing home-cooked meals. Stay connected and entertained with high-speed WiFi and a smart TV. Fresh linens and thoughtful amenities are provided to ensure a stress-free stay. Free street parking is typically available near the property, and rideshare services like Uber and Lyft are widely used. For guests staying longer than 28 days, utilities used during their stay will be their responsibility. Explore the vibrant Fountain Square district, known for its eclectic restaurants, coffee shops, live music venues, and art galleries, all just steps away. Downtown Indianapolis is only minutes away, offering easy access to Lucas Oil Stadium, Gainbridge Fieldhouse, the Zoo, and the Children’s Museum. The neighborhood is highly walkable, with vintage shops, cocktail bars, and local entertainment right outside your door. The Cultural Trail, a popular bike and pedestrian path, runs through Fountain Square and leads directly into downtown. This is a quiet residential neighborhood and building, and noise can transfer easily to neighbors. There is a $100 penalty fee for removing smoke detectors. Smoking is strictly prohibited inside or outside on the patio/balcony, parking lot, or within 50ft of the property, with a $300 fine for any evidence of smoking. Parties and events are strictly prohibited, with a $500 fine, legal action, and possible eviction for any evidence of a party or event. Unauthorized pets will incur a $250 fee. 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. 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 and will be asked to provide a copy of their official government-issued photo ID, confirm contact information, provide a valid credit card, pass through a verification portal, and pay a security deposit. Direct delivery of mail and packages to the building/apartment is discouraged; use a nearby pickup/drop-off location. Includes high-speed WiFi and a smart TV to keep you connected and entertained. Managed by MGM Properties, where every stay is designed for comfort, design, and peace of mind. [SI]

      Model Rent and Fees

      Model Price

      • $4,029
      Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

      Contact Info

      Listed by:
      Despoina Pantziaridou

    Schedule a Tour

    Request Tour
    Call us at: (972) 289-8633 to request a tour.

    Lease Terms

    • 1
    • Short Term Lease Options

    Features and Amenities

    Unique Amenities

    • SharedYard

    On-Site Services

    • Garden

    Community Features

    • Corporate Suites

    Interior Features

    • Heating
    • Air Conditioning
    • Wi Fi

    Kitchen Amenities

    • Oven
    • Dishwasher
    • Microwave
    • Refrigerator
    • Freezer
    • Kitchen
    Google Map

    Map

    518 Prospect St, Indianapolis, IN 46203

    Getting Around

    • 50 / 100 Fairly walkable

      Some day-to-day needs are within walking distance

    • 30 / 100 Limited public transit

      Transit is available for some trips

    • 50 / 100 Fairly bikeable

      Somewhat suitable for bicycle commuting and/or recreation

    • 100 / 100 Exceptionally car friendly

      Excellent access to freeways and/or major arteries, with almost no chance of parking problems

    Scores provided by Local Logic details

    Getting to Know the Area

    • 80 / 100 Restaurants

      Wide variety of restaurants within a few minutes

    • 80 / 100 Cafes

      Wide variety of cafés within a few minutes

    • 90 / 100 Nightlife

      Exceptional variety of bars right within a few minutes

    • 70 / 100 Shopping

      Several shops within a few minutes

    • 60 / 100 Parks

      Large amount of park space nearby

    • 10 / 100 Noise Level

      Many sources of noise nearby

    Scores provided by Local Logic

    Points of Interest

    Time and distance from 518 Prospect St.

    Arts Museums and Landmarks

    Lucas Oil Stadium

    500 South Capitol Ave
    3 minute drive / 1.17 miles away

    ArtsGarden

    50 W. Washington Street
    3 minute drive / 1.28 miles away

    Indianapolis Repertory Theater

    140 W. Washington Street
    3 minute drive / 1.32 miles away

    Big Box and Retail

    Walgreen's

    1530 N Meridian St
    5 minute drive / 2.64 miles away

    Cvs/Pharmacy

    1545 N Meridian St
    5 minute drive / 2.65 miles away

    Walgreens

    1808 Albany St
    6 minute drive / 3.06 miles away

    Colleges and Universities

    Indiana University-Indianapolis

    425 University Blvd
    4 minute drive / 2.19 miles away

    Indiana University School of Medicine

    340 W 10th St
    5 minute drive / 2.68 miles away

    University of Indianapolis

    1400 E Hanna Ave
    6 minute drive / 2.92 miles away

    Groceries

    Kroger

    4445 E 10th St
    7 minute drive / 3.63 miles away

    Aldi

    6691 E Washington St
    11 minute drive / 5.39 miles away

    Hospitals

    Eskenazi Health

    720 Eskenazi Avenue
    5 minute drive / 2.45 miles away

    Riley Hospital For Children

    705 Riley Hospital Dr
    5 minute drive / 2.52 miles away

    Richard L. Roudebush Va Medical Center

    1481 W 10th St
    5 minute drive / 2.73 miles away

    Military Bases

    Naval Avionics Center

    12 minute drive / 5.63 miles away

    Parks and Recreation

    Garfirled Conservatory

    2505 Conservatory Drive
    4 minute drive / 1.39 miles away

    White River State Park

    White River State Park
    5 minute drive / 1.82 miles away

    Benjamin Harrison House

    1230 North Delaware Street
    5 minute drive / 2.34 miles away

    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

    Iaria's Italian Restaurant

    317 South College Avenue
    2 minute drive / 0.86 miles away

    Gabriel's Cafe

    320 North Meridian St
    4 minute drive / 1.57 miles away

    Elements

    415 North Alabama Street
    4 minute drive / 1.59 miles away

    Shopping Centers

    Villaggio @ Page Pointe

    411 Virginia Ave
    2 minute drive / 0.71 miles away

    Circle Centre

    50 S Meridian St
    3 minute drive / 1.19 miles away

    National City Center

    155 W Washington St
    3 minute drive / 1.3 miles away

    518 Prospect St has 5 shopping centers within 1.6 miles.

    Nearby Neighborhoods

    Martindale

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    Keystone-Orchard

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    Brookside

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    Nearby Apartments

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Indianapolis Studio Apartments $1,213$556$10,000+
    Indianapolis 1 Bedroom Apartments $1,382$543$4,714
    Indianapolis 2 Bedroom Apartments $1,661$650$10,000+
    Indianapolis 3 Bedroom Apartments $2,004$795$8,188
    Indianapolis 4 Bedroom Apartments $2,342$600$8,291
    Indianapolis 5 Bedroom Apartments $5,385$2,192$10,000+

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    Viewing: 518 Prospect St | Desktop Version | Listing Updated: 09/04/2026