518 Prospect St

Indianapolis, IN 46203
(972) 289-8633
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518 Prospect St

518 Prospect St
Indianapolis, IN 46203
(972) 289-8633
518 Prospect St in Indianapolis, IN - Building Photo
3 Bedroom - for Rent
Unit ID1353834P
  • 3BR, 2BA
  • $4,002Price
  • 1,603Square Feet
  • 11-25-2025Availability

About 518 Prospect St

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]

518 Prospect St is located in the Bates Hendricks Neighborhood and 46203 Zip code of Indianapolis, IN.

Property Contact Info

Contact: Despoina Pantziaridou

Property Information

  • Furnished

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
Google Map

Map

518 Prospect St, Indianapolis, IN 46203

Frequently Asked Questions about 518 Prospect St

What type of rentals are available at 518 Prospect St?

There is currently a 3 Bed 2 Bath Apartment for rent with 1,603 listed at 518 Prospect St. It is Available November 25, 2025.

How much is the rent at 518 Prospect St?

518 Prospect St is currently listed at $4,002.

What area of town is 518 Prospect St located in?

Located in the Bates Hendricks Neighborhood, 518 Prospect St is in the 46203 Zip Code of Indianapolis, IN.

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

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Nearby Apartments

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,172$595$5,262
Indianapolis 1 Bedroom Apartments $1,370$495$4,071
Indianapolis 2 Bedroom Apartments $1,657$563$5,706
Indianapolis 3 Bedroom Apartments $2,008$999$8,455
Indianapolis 4 Bedroom Apartments $1,733$600$6,324
Indianapolis 5 Bedroom Apartments $10,865$1,000$10,000+

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Viewing: 518 Prospect St | Desktop Version | Listing Updated: 11/24/2025