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Unit ID1353834P
- 3BR, 2BA
- $4,002Price
- 1,603Square Feet
- 11-25-2025Availability
Unit ID1353834P Rent and Fees
Unit Price
- $4,002
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
Property Information
- Furnished
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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
- Shopping
- Colleges
- Schools
- Grocery
- Medical
- Parks

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.
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
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 | $1,172 | $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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