3 Days Ago
Highlights
Pet Friendly
Location
1527 Prospect St, Indianapolis, IN 46203, USA
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Property Overview
Strong value for money in the area, combined with extensive photo coverage, makes it easier to assess quality and appeal before visiting. Convenient access to a well-rated middle school adds to everyday practicality. Pet-friendly considerations stand out, with nearby pet supply stores, veterinary options, a dog park within a mile, and no breed or pet restrictions.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
- Images Available
Great for
Pet owners
Amenities for 1527 Prospect St
Apartment Amenities
| Abundant Storage | Air Conditioning |
| Large Living Area |
Appliances
| Range | Refrigerator |
Building
| Cats OK | Dogs OK |
Grounds
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 1527 Prospect St
Live a few blocks from the most eclectic cultural district in downtown Indy! This beautiful, affordable, updated three bedroom duplex is steps away from the heart of Fountain Square. Call our leasing office today for information such as income restrictions, or to schedule a viewing!
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1527 Prospect St compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 46203 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Indianapolis
3-bedroom apartments at 1527 Prospect St cost about 27% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of May 16 2026.
Indianapolis
| Month | Median Rent |
|---|---|
| June 2024 | $1,628 |
| July 2024 | $1,637 |
| August 2024 | $1,618 |
| September 2024 | $1,598 |
| October 2024 | $1,611 |
| November 2024 | $1,595 |
| December 2024 | $1,586 |
| January 2025 | $1,596 |
| February 2025 | $1,605 |
| March 2025 | $1,655 |
| April 2025 | $1,680 |
| May 2025 | $1,697 |
| June 2025 | $1,695 |
| July 2025 | $1,652 |
| August 2025 | $1,609 |
| September 2025 | $1,599 |
| October 2025 | $1,598 |
| November 2025 | $1,581 |
| December 2025 | $1,585 |
| January 2026 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| April 2026 | $1,600 |
| May 2026 | $1,627 |
Affordability calculator
Can I afford to live at 1527 Prospect St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 3-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 1527 Prospect St
William McKinley School No. 39
1733 spann ave
indianapolis, IN, 46203
PK, K-6Public
C+
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
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Internet available near 1527 Prospect St
Getting around Indianapolis near 1527 Prospect St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1527 Prospect St, Indianapolis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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Check availability
This property is intended for those with income restrictions.
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