House for rent

Pet friendly

5+ Days Ago

631 Prospect Street
631 Prospect Street, Indianapolis, Indiana 46203, United States

Monthly rent	$1,800
Beds	3
Baths	2
Sqft	2,004

Monthly rent	$1,800
Beds	3
Baths	2
Sqft	2,004

5+ Days Ago

Highlights

Pet Friendly

All stainless steel appliances
Formal dining room
3d tour
Fenced yard

Location

631 Prospect Street, Indianapolis, Indiana 46203, United States|Near Southside

Tour 631 Prospect Street

Contact

T&H Realty Services

(930) 206-9418

Property Overview

This property features all stainless steel appliances, a formal dining room, and a fenced yard, making it appealing for various lifestyles. With its strong value per square foot ranking in the 80th percentile and proximity to pet-friendly amenities, including multiple pet supply stores and a dog park, it offers excellent value. Additionally, the availability of a 3D tour and numerous photos enhances the property’s presentation for prospective renters.

Things you’ll love

More space
Dishwasher
Images Available

Great for

Pet owners

Amenities for 631 Prospect Street, Near Southside

Apartment Amenities

Deck	Forced Air
Hardwood Floor	On Street

Appliances

Dishwasher

Building

Cats OK

Dogs OK

Grounds

Garage Parking

Outdoor Space

Services

Package Service

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms	12+ months

About 631 Prospect Street

Home

Houses in Indianapolis

Near Southside

631 Prospect Street, Indianapolis, Indiana 46203, United States

** Please sign up for the Waitlist via threaltyinc. com indianapolis-houses-for-rent to be notified when this home is available. Note: Applications are not accepted until the available date and the Rental Price is Subject to Change. ** Charming home in the Heart of Fountain Square. Be welcomed by a cozy front porch. Home features gorgeous hardwood floors, formal dining room and fantastic kitchen with all stainless steel appliances. Bonus room that could be an office or den. Enjoy the great deck and fenced yard. 2-car garage. 15-month lease preferred. Note: In addition to the monthly rent, residents will pay $45 each month for a Resident Benefits Package. Details: www threaltyinc com rbp Zero Deposit option for qualified applicants. Details can be found here: https www threaltyinc com our-deposit-waiver-program 3D TOUR https www zillow com view-imx f0ded555-f988-4d53-91d8-e55ab8177fe2?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard Pet Details: Pets Negotiable - Additional Fees Required

Property highlights

How 631 Prospect Street compares to other nearby properties.

Positives

More space: The 3-bedroom is 454 sqft larger than other listings nearby
Dishwasher: Dishwasher available in kitchen
Images Available: There are at least 10 photos of this address
Package service: More secure storage for delivery

Considerations

Greater distance from high schools: The nearest high school is farther than 1 mile away
Greater distance from grade schools: The nearest elementary school is farther than 1 mile away

Address details

Neighborhood	Near Southside
Zip code	46203
Type	House for rent

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Rent trends in Near Southside

3-bedroom apartments at 631 Prospect Street cost about 4% more than the average rent price for 3-bedroom apartments in Indianapolis.

Median rents as of Dec 13 2025.

Near Southside

Indianapolis

A table of 3-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
December 2023	$1,500
January 2024	$1,522
February 2024	$1,547
March 2024	$1,578
April 2024	$1,598
May 2024	$1,619
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	$1,575

A table of 3-bedroom apartment rental data trends in Near Southside
Month	Median Rent
December 2023	$1,700
January 2024	$1,675
February 2024	$1,599
March 2024	$1,564
April 2024	$1,555
May 2024	$1,530
June 2024	$1,644
July 2024	$1,668
August 2024	$1,615
September 2024	$1,545
October 2024	$1,529
November 2024	$1,485
December 2024	$1,529
January 2025	$1,637
February 2025	$1,687
March 2025	$1,833
April 2025	$1,528
May 2025	$1,458
June 2025	$1,543
July 2025	$1,557
August 2025	$1,531
September 2025	$1,531
October 2025	$1,586
November 2025	$1,603
December 2025	$1,694

Affordability calculator

Can I afford to live at 631 Prospect Street?

Bedrooms

3 bedrooms

Rent-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

$72,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.

For more information on rent affordability, visit our rent calculator.

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